Korea - Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Korea was ($1,780,023,000) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $3,098,170,000 in 1998 and ($6,553,657,000) in 2018.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $287,367,200
1961 $181,342,900
1962 $181,693,000
1963 $190,693,000
1964 $141,597,300
1965 $130,893,400
1966 $130,463,600
1967 $124,057,400
1968 $113,970,700
1969 $113,374,500
1970 $76,957,750
1971 $67,982,140
1972 $65,412,710
1973 $73,056,840
1974 $72,687,710
1975 $69,008,260
1976 $165,495,900
1977 $228,512,400
1978 $363,843,000
1979 $342,355,400
1980 $422,435,500
1981 $534,631,400
1982 $559,446,300
1983 $618,369,300
1984 $604,605,600
1985 $816,532,900
1986 $1,277,214,000
1987 $1,680,951,000
1988 $2,008,148,000
1989 $944,062,200
1990 $967,559,600
1991 $783,664,000
1992 $953,052,000
1993 $814,905,300
1994 $867,757,800
1995 $362,389,300
1996 ($190,813,600)
1997 $928,949,100
1998 $3,098,170,000
1999 $969,028,100
2000 ($69,498,480)
2001 ($958,489,200)
2002 ($1,547,930,000)
2003 ($2,644,154,000)
2004 ($2,305,295,000)
2005 ($2,354,712,000)
2006 ($3,465,368,000)
2007 ($2,689,244,000)
2008 $147,452,900
2009 ($828,393,100)
2010 ($4,497,513,000)
2011 ($3,655,715,000)
2012 ($4,047,065,000)
2013 ($2,429,550,000)
2014 ($3,209,901,000)
2015 ($3,752,528,000)
2016 ($4,428,690,000)
2017 ($5,696,090,000)
2018 ($6,553,657,000)
2019 ($5,059,564,000)
2020 ($1,780,023,000)

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts