Korea - Private current transfers

Secondary income, other sectors, payments (BoP, current US$)

The latest value for Secondary income, other sectors, payments (BoP, current US$) in Korea was $11,678,000,000 as of 2021. Over the past 45 years, the value for this indicator has fluctuated between $15,815,400,000 in 2018 and $29,500,000 in 1985.

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 $115,000,000
1977 $165,000,000
1978 $103,000,000
1979 $121,000,000
1980 $95,600,000
1981 $63,800,000
1982 $62,200,000
1983 $41,200,000
1984 $34,400,000
1985 $29,500,000
1986 $45,200,000
1987 $32,800,000
1988 $167,200,000
1989 $834,400,000
1990 $1,071,500,000
1991 $1,359,300,000
1992 $1,474,000,000
1993 $1,300,400,000
1994 $1,365,100,000
1995 $2,045,400,000
1996 $2,939,000,000
1997 $3,071,400,000
1998 $2,010,300,000
1999 $3,110,700,000
2000 $4,104,500,000
2001 $5,096,600,000
2002 $6,660,300,000
2003 $8,108,400,000
2004 $8,212,200,000
2005 $8,314,000,000
2006 $9,100,500,000
2007 $9,615,900,000
2008 $9,092,000,000
2009 $8,693,800,000
2010 $10,957,600,000
2011 $11,648,200,000
2012 $11,879,300,000
2013 $11,147,100,000
2014 $12,475,800,000
2015 $12,138,200,000
2016 $12,808,800,000
2017 $15,197,300,000
2018 $15,815,400,000
2019 $14,617,200,000
2020 $11,635,900,000
2021 $11,678,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments