Korea - Net current transfers

Net secondary income (BoP, current US$)

The latest value for Net secondary income (BoP, current US$) in Korea was ($4,124,900,000) as of 2021. Over the past 45 years, the value for this indicator has fluctuated between $2,818,700,000 in 1998 and ($8,152,800,000) in 2018.

Definition: Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 $346,000,000
1977 $223,000,000
1978 $471,000,000
1979 $439,000,000
1980 $419,500,000
1981 $532,400,000
1982 $557,000,000
1983 $615,000,000
1984 $600,000,000
1985 $806,300,000
1986 $1,265,500,000
1987 $1,668,700,000
1988 $1,969,800,000
1989 $918,400,000
1990 $932,300,000
1991 $740,000,000
1992 $904,800,000
1993 $766,700,000
1994 $814,400,000
1995 $291,100,000
1996 ($268,000,000)
1997 $345,100,000
1998 $2,818,700,000
1999 $832,900,000
2000 ($214,300,000)
2001 ($1,261,200,000)
2002 ($2,114,100,000)
2003 ($3,164,800,000)
2004 ($3,038,300,000)
2005 ($3,258,300,000)
2006 ($4,381,800,000)
2007 ($4,387,400,000)
2008 ($1,266,800,000)
2009 ($2,194,600,000)
2010 ($5,316,500,000)
2011 ($4,715,600,000)
2012 ($5,474,100,000)
2013 ($4,189,300,000)
2014 ($4,984,700,000)
2015 ($4,985,200,000)
2016 ($5,766,700,000)
2017 ($6,964,800,000)
2018 ($8,152,800,000)
2019 ($6,146,700,000)
2020 ($3,519,400,000)
2021 ($4,124,900,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments