Primary income balance (credit less debit), Net (credits less debits) in Korea
Korea: Primary income balance (credit less debit), Net (credits less debits) was 26.62 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Korea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Korea stood at 26.62 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 415.9% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Korea peaked at 26.62 billion in 2024 and was at its lowest, -8.04 billion, in 2005.
Korea ranks 7th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -8.04 billion | — |
| 2006 | -5.00 billion | -37.9% |
| 2007 | -4.54 billion | -9.2% |
| 2008 | -2.42 billion | -46.8% |
| 2009 | -3.44 billion | +42.2% |
| 2010 | -692.50 million | -79.8% |
| 2011 | 5.40 billion | -879.2% |
| 2012 | 10.73 billion | +98.9% |
| 2013 | 7.52 billion | -30.0% |
| 2014 | 5.16 billion | -31.4% |
| 2015 | 4.45 billion | -13.7% |
| 2016 | 4.57 billion | +2.5% |
| 2017 | 5.34 billion | +16.9% |
| 2018 | 4.90 billion | -8.2% |
| 2019 | 12.86 billion | +162.3% |
| 2020 | 13.49 billion | +4.9% |
| 2021 | 19.44 billion | +44.2% |
| 2022 | 20.35 billion | +4.6% |
| 2023 | 26.25 billion | +29.0% |
| 2024 | 26.62 billion | +1.4% |
Korea compared with similar countries
- Korea's 26.62 billion is above the median for high income countries, which is -896.13 million. (72 countries reporting)
- Korea's 26.62 billion is above the median for East Asia & Pacific, which is -9.31 million. (33 countries reporting)
Biggest year-on-year movements
Years where Primary income balance (credit less debit), Net (credits less debits) in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +879.2% | -692.50 million | 5.40 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.69 billion | -8.04 billion | -2.42 billion | 5 |
| 2010s | 6.02 billion | -692.50 million | 12.86 billion | 10 |
| 2020s | 21.23 billion | 13.49 billion | 26.62 billion | 5 |
Countries ranked near Korea
More financial sector data for Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Korea?
- Primary income balance (credit less debit), net (credits less debits) in Korea was 26.62 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Korea?
- The highest recorded value was 26.62 billion in 2024.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Korea?
- The lowest recorded value was -8.04 billion in 2005.
- How does Korea rank for primary income balance (credit less debit), net (credits less debits)?
- Korea ranks 7th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Korea?
- Over the last ten years it is up 415.9%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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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.