South Korea vs Spain: Remittance costs as a proportion of the amount remitted
South Korea
5.5%
in 2025
Spain
5.4%
in 2025
South Korea rank
24th
Spain rank
25th
Remittance costs as a proportion of the amount remitted over time
- South Korea
- Spain
How they compare
South Korea currently reports 5.5% against 5.4% in Spain, a difference of 0.1%.
The two have swapped places 1 time across 11 shared years of data; in 2011 it was Spain ahead.
South Korea ranks 24th and Spain ranks 25th of 47 countries.
Spain has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.3% | 5.9% | 0.6% | Spain |
| 2020s | 4.5% | 5.2% | 0.7% | Spain |
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 Spain?
- South Korea, at 5.5% against 5.4% in Spain as of 2025.
- What is the difference in remittance costs as a proportion of the amount remitted between South Korea and Spain?
- 0.1%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Spain?
- 11 years are reported by both, from 2011 to 2025.
- How do South Korea and Spain rank globally for remittance costs as a proportion of the amount remitted?
- South Korea ranks 24th and Spain ranks 25th 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 (%).