Korea vs Western Hemisphere: Primary income balance (credit less debit), Net (credits less debits)
Korea
26.62 billion
in 2024
Western Hemisphere
-237.17 billion
in 2024
Korea rank
7th
Western Hemisphere rank
6th
Primary income balance (credit less debit), Net (credits less debits) over time
- Korea
- Western Hemisphere
How they compare
Korea currently reports 26.62 billion against -237.17 billion in Western Hemisphere, a difference of 263.79 billion.
Across all 20 years both countries report, Korea has been ahead every year.
Korea ranks 7th and Western Hemisphere ranks 6th of 197 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | Western Hemisphere | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -4.69 billion | -97.73 billion | 93.04 billion | Korea |
| 2010s | 6.02 billion | -160.57 billion | 166.60 billion | Korea |
| 2020s | 21.23 billion | -192.49 billion | 213.72 billion | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income balance (credit less debit), net (credits less debits), Korea or Western Hemisphere?
- Korea, at 26.62 billion against -237.17 billion in Western Hemisphere as of 2024.
- What is the difference in primary income balance (credit less debit), net (credits less debits) between Korea and Western Hemisphere?
- 263.79 billion, with Korea ahead.
- How many years of comparable data are there for Korea and Western Hemisphere?
- 20 years are reported by both, from 2005 to 2024.
- How do Korea and Western Hemisphere rank globally for primary income balance (credit less debit), net (credits less debits)?
- Korea ranks 7th and Western Hemisphere ranks 6th of 197 countries.
- Where does this data come from?
- International Monetary Fund, published as Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.