South Korea vs New Zealand: Remittance costs as a proportion of the amount remitted
South Korea
5.5%
in 2025
New Zealand
6.0%
in 2025
South Korea rank
24th
New Zealand rank
21st
Remittance costs as a proportion of the amount remitted over time
- South Korea
- New Zealand
How they compare
New Zealand currently reports 6.0% against 5.5% in South Korea, a difference of 0.5%.
That makes New Zealand's figure about 1.1 times South Korea's.
Across all 11 years both countries report, New Zealand has been ahead every year.
South Korea ranks 24th and New Zealand ranks 21st of 47 countries.
New Zealand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.3% | 9.2% | 3.9% | New Zealand |
| 2020s | 4.5% | 7.0% | 2.6% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance costs as a proportion of the amount remitted, South Korea or New Zealand?
- New Zealand, at 6.0% against 5.5% in South Korea as of 2025.
- What is the difference in remittance costs as a proportion of the amount remitted between South Korea and New Zealand?
- 0.5%, with New Zealand ahead.
- How many years of comparable data are there for South Korea and New Zealand?
- 11 years are reported by both, from 2011 to 2025.
- How do South Korea and New Zealand rank globally for remittance costs as a proportion of the amount remitted?
- South Korea ranks 24th and New Zealand ranks 21st of 47 countries.
- Where does this data come from?
- World Bank – processed by Our World in Data, published as Remittance costs as a proportion of the amount remitted. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).