Secondary income, Debit/Expenditure (US dollar) in South Korea

South Korea: Secondary income, Debit/Expenditure (US dollar) was 14.60 billion in 2024. ▲ Rising

Latest (2024)
14.60 billion
Change on year
up 6.9%
World rank
22nd
of 198 countries
All-time high
17.63 billion
in 2018
All-time low
9.51 billion
in 2005
Years of data
20
2005–2024

Secondary income, Debit/Expenditure in South Korea, 2005–2024

05.0B10.0B15.0B20.0B2005201420242005: 9.5B2006: 10.4B2007: 11.0B2008: 10.5B2009: 10.1B2010: 12.4B2011: 13.1B2012: 14.0B2013: 13.0B2014: 13.9B2015: 13.8B2016: 14.5B2017: 16.7B2018: 17.6B2019: 16.6B2020: 13.7B2021: 14.7B2022: 13.5B2023: 13.7B2024: 14.6B

Source: International Monetary Fund.

Analysis

South Korea recorded 14.60 billion for secondary income, debit/expenditure in 2024.

Compared with earlier readings it is up 6.9% on the previous year and up 5.3% over ten years.

Over the whole period, secondary income, debit/expenditure in South Korea peaked at 17.63 billion in 2018 and was at its lowest, 9.51 billion, in 2005.

South Korea ranks 22nd of 198 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Secondary income, Debit/Expenditure (US dollar) in South Korea, year by year

Annual values for Secondary income, Debit/Expenditure (US dollar) in South Korea, 2005 to 2024.
Year Value Change
2005 9.51 billion —
2006 10.45 billion +9.9%
2007 11.00 billion +5.3%
2008 10.54 billion -4.1%
2009 10.10 billion -4.2%
2010 12.37 billion +22.5%
2011 13.15 billion +6.3%
2012 14.03 billion +6.7%
2013 12.97 billion -7.6%
2014 13.86 billion +6.9%
2015 13.83 billion -0.2%
2016 14.51 billion +4.9%
2017 16.67 billion +14.9%
2018 17.63 billion +5.7%
2019 16.57 billion -6.0%
2020 13.71 billion -17.3%
2021 14.73 billion +7.5%
2022 13.50 billion -8.4%
2023 13.66 billion +1.2%
2024 14.60 billion +6.9%

South Korea compared with similar countries

  • South Korea's 14.60 billion is above the median for high income countries, which is 4.46 billion, 3.3× the median. (72 countries reporting)
  • South Korea's 14.60 billion is above the median for East Asia & Pacific, which is 224.77 million, 65.0× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.32 billion 9.51 billion 11.00 billion 5
2010s 14.56 billion 12.37 billion 17.63 billion 10
2020s 14.04 billion 13.50 billion 14.73 billion 5

Countries ranked near South Korea

  1. 19 Poland 15.04 billion compare
  2. 20 Ireland 14.88 billion compare
  3. 21 Russia 14.68 billion compare
  4. 23 Kuwait 14.58 billion compare
  5. 24 Taiwan 13.74 billion compare
  6. 25 Austria 12.57 billion compare

See the full ranking of 207 places →

More trade data for South Korea

All data for South Korea →

Frequently asked questions

What is secondary income, debit/expenditure in South Korea?
Secondary income, debit/expenditure in South Korea was 14.60 billion in 2024, according to International Monetary Fund.
What is the highest secondary income, debit/expenditure recorded in South Korea?
The highest recorded value was 17.63 billion in 2018.
What is the lowest secondary income, debit/expenditure recorded in South Korea?
The lowest recorded value was 9.51 billion in 2005.
How does South Korea rank for secondary income, debit/expenditure?
South Korea ranks 22nd out of 198 countries with data for 2024.
Is secondary income, debit/expenditure rising or falling in South Korea?
Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from International Monetary Fund, published as part of Secondary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Secondary income, Debit/Expenditure in South Korea. Statizoid, drawing on International Monetary Fund. Retrieved 08 November 2026, from https://trade.statizoid.com/stat/secondary-income-debit-expenditure-us-dollar/korea-rep/

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About this data

Indicator
Secondary income, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,850 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.