South Korea vs Saudi Arabia: Remittance costs as a proportion of the amount remitted

South Korea
5.5%
in 2025
Saudi Arabia
5.5%
in 2025
South Korea rank
24th
Saudi Arabia rank
22nd

Remittance costs as a proportion of the amount remitted over time

  • South Korea
  • Saudi Arabia
23456201120182025

How they compare

Saudi Arabia currently reports 5.5% against 5.5% in South Korea, a difference of 0.0%.

The two have swapped places 1 time across 11 shared years of data; in 2011 it was South Korea ahead.

South Korea ranks 24th and Saudi Arabia ranks 22nd of 47 countries.

Across the 2 decades both report, South Korea averaged higher in 1 and Saudi Arabia in 1.

Head to head by decade

Decade South Korea Saudi Arabia Difference Ahead
2010s 5.3% 4.9% 0.4% South Korea
2020s 4.5% 5.2% 0.7% Saudi Arabia

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 Saudi Arabia?
Saudi Arabia, at 5.5% 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 Saudi Arabia?
0.0%, with Saudi Arabia ahead.
How many years of comparable data are there for South Korea and Saudi Arabia?
11 years are reported by both, from 2011 to 2025.
How do South Korea and Saudi Arabia rank globally for remittance costs as a proportion of the amount remitted?
South Korea ranks 24th and Saudi Arabia ranks 22nd 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.

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South Korea vs Saudi Arabia: Remittance costs as a proportion of the amount remitted. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 30 September 2026, from https://reference.statizoid.com/compare/remittance-costs-as-share-of-amount-remitted/korea-rep/saudi-arabia/

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<a href="https://reference.statizoid.com/compare/remittance-costs-as-share-of-amount-remitted/korea-rep/saudi-arabia/">South Korea vs Saudi Arabia: Remittance costs as a proportion of the amount remitted</a> — Statizoid

About this data

Indicator
Remittance costs as a proportion of the amount remitted
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 475 data points, 2011–2025
Last refreshed

Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).