Secondary income, Credit/Revenue in Republic of Korea
Republic of Korea: Secondary income, Credit/Revenue was 10.60 billion in 2024. ▲ Rising
Secondary income, Credit/Revenue in Republic of Korea, 2005–2024
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 10.60 billion for secondary income, credit/revenue in 2024.
Compared with earlier readings it is up 12.7% on the previous year and up 19.4% over ten years.
Over the whole period, secondary income, credit/revenue in Republic of Korea peaked at 10.61 billion in 2022 and was at its lowest, 6.07 billion, in 2006.
That places Republic of Korea 37th out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, Credit/Revenue in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.25 billion | — |
| 2006 | 6.07 billion | -3.0% |
| 2007 | 6.61 billion | +9.0% |
| 2008 | 9.28 billion | +40.3% |
| 2009 | 7.90 billion | -14.8% |
| 2010 | 7.05 billion | -10.8% |
| 2011 | 8.43 billion | +19.6% |
| 2012 | 8.56 billion | +1.5% |
| 2013 | 8.78 billion | +2.6% |
| 2014 | 8.87 billion | +1.1% |
| 2015 | 8.84 billion | -0.3% |
| 2016 | 8.74 billion | -1.1% |
| 2017 | 9.71 billion | +11.0% |
| 2018 | 9.48 billion | -2.4% |
| 2019 | 10.43 billion | +10.0% |
| 2020 | 10.19 billion | -2.3% |
| 2021 | 10.07 billion | -1.2% |
| 2022 | 10.61 billion | +5.4% |
| 2023 | 9.40 billion | -11.4% |
| 2024 | 10.60 billion | +12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.22 billion | 6.07 billion | 9.28 billion | 5 |
| 2010s | 8.89 billion | 7.05 billion | 10.43 billion | 10 |
| 2020s | 10.17 billion | 9.40 billion | 10.61 billion | 5 |
Countries ranked near Republic of Korea
- 34 Dominican Republic 11.90 billion compare
- 35 Russian Federation 11.64 billion compare
- 36 Uzbekistan 11.60 billion compare
- 38 Honduras 10.44 billion compare
- 39 Norway 10.32 billion compare
- 40 Ireland 9.92 billion compare
More financial sector data for Republic of Korea
- Total reserves in months of imports, annual growth rate 4.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -2.07 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1572 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 5,693 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -1.88 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 5,961 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.594 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 6,168 SDR per person (2025)
Frequently asked questions
- What is secondary income, credit/revenue in Republic of Korea?
- Secondary income, credit/revenue in Republic of Korea was 10.60 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income, credit/revenue recorded in Republic of Korea?
- The highest recorded value was 10.61 billion in 2022.
- What is the lowest secondary income, credit/revenue recorded in Republic of Korea?
- The lowest recorded value was 6.07 billion in 2006.
- How does Republic of Korea rank for secondary income, credit/revenue?
- Republic of Korea ranks 37th out of 198 countries with data for 2024.
- Is secondary income, credit/revenue rising or falling in Republic of Korea?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of Secondary income, Credit/Revenue (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.