Italy vs Korea: Remittance costs as share of amount remitted
Italy
4.76
in 2021
Korea
4.18
in 2021
Italy rank
33rd
Korea rank
36th
Remittance costs as share of amount remitted over time
- Italy
- Korea
How they compare
Italy currently reports 4.76 against 4.18 in Korea, a difference of 0.58.
That makes Italy's figure about 1.1 times Korea's.
Across all 7 years both countries report, Italy has been ahead every year.
Italy ranks 33rd and Korea ranks 36th of 46 countries.
Italy has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Italy | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.52 | 5.31 | 1.22 | Italy |
| 2020s | 5.46 | 4.46 | 0.995 | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance costs as share of amount remitted, Italy or Korea?
- Italy, at 4.76 against 4.18 in Korea as of 2021.
- What is the difference in remittance costs as share of amount remitted between Italy and Korea?
- 0.58, with Italy ahead.
- How many years of comparable data are there for Italy and Korea?
- 7 years are reported by both, from 2011 to 2021.
- How do Italy and Korea rank globally for remittance costs as share of amount remitted?
- Italy ranks 33rd and Korea ranks 36th of 46 countries.
- Where does this data come from?
- Our World in Data, published as Remittance costs as share of amount remitted. Statizoid refreshes it automatically from the source and publishes the full history for both places.