Korea, Rep.'s net secondary income (net current transfers from abroad) (current LCU) was -6.93 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is down 63.33% from -4.24 trillion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -6.93 trillion | 2025 |
| Five years earlier | -3.16 trillion | 2020 |
| Ten years earlier | -4.24 trillion | 2015 |
| Highest | 4.34 trillion | 1998 |
| Lowest | -7.24 trillion | 2018 |
| Average since 2016 | -5.2 trillion | 2016–2025 |
| First recorded | 18.2 billion |
What the numbers say
In 2025, Korea, Rep.'s net secondary income (net current transfers from abroad) (current LCU) fell 1.93 trillion on 2024 (from -5 trillion to -6.93 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was −190 billion and a typical year strayed about 1.71 trillion from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 3.46 trillion in 1998 and the biggest yearly fall was 4.14 trillion in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 3% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Korea, Rep. had the 130th highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Korea, Rep. in the 2025 ranking
- Côte d'Ivoire — 127th of 130: -295.01 billion
- Angola — 128th of 130: -364.31 billion
- Russian Federation — 129th of 130: -630.16 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 66 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2025 | -6,932,500,000,000 |
| 2024 | -5,002,700,000,000 |
| 2023 | -5,103,600,000,000 |
| 2022 | -2,633,100,000,000 |
| 2021 | -4,486,800,000,000 |
| 2020 | -3,156,700,000,000 |
| 2019 | -5,896,200,000,000 |
| 2018 | -7,235,700,000,000 |
| 2017 | -6,439,000,000,000 |
| 2016 | -5,139,100,000,000 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Australia — -521 million (2025)
- Brunei Darussalam — -939.28 million (2025)
- Cambodia — 9.94 trillion (2025)
- China — 157.71 billion (2025)
- Fiji — 1.13 billion (2025)
- French Polynesia — 65.57 billion (2024)
- Hong Kong SAR, China — -23.47 billion (2025)
- Indonesia — 110.72 trillion (2025)
More economic policy & debt data for Korea, Rep.
- Total reserves, including gold (current US$) — US$436.57 billion (2025)
- Total reserves, excluding gold (current US$) — US$421.91 billion (2025)
- General government final consumption expenditure (current US$) — US$330.43 billion (2025)
- General government final consumption expenditure (current LCU) — 470.02 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$332.28 billion (2025)
- General government final consumption expenditure (constant LCU) — 411.92 trillion (2025)
- General government final consumption expenditure (% of GDP) — 17.65% (2025)
- Households and NPISHs final consumption expenditure (current US$)
Reading data like this
Questions people ask
- What is Korea, Rep.'s net secondary income (net current transfers from abroad) (current LCU)?
- -6.93 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is down 38,191% from 18.2 billion in 1960. The highest value was 4.34 trillion in 1998 and the lowest -7.24 trillion in 2018.
- How does Korea, Rep. rank?
- 130th highest of 130 economies with data for 2025.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Korea, Rep.?
- In 2025, Korea, Rep.'s net secondary income (net current transfers from abroad) (current LCU) fell 1.93 trillion on 2024 (from -5 trillion to -6.93 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was −190 billion and a typical year strayed about 1.71 trillion from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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