Personal remittances and foreign aid received, annual growth rate in South Korea

South Korea: Personal remittances and foreign aid received, annual growth rate was 3.74 % change on previous year in 2021. ◆ Volatile

Latest (2021)
3.74 % change on previous year
Change on year
down 21.6%
World rank
141st
of 188 countries
All-time high
457.03 % change on previous year
in 1980
All-time low
-14.02 % change on previous year
in 2009
Years of data
45
1977–2021

Personal remittances and foreign aid received, annual growth rate in South Korea, 1977–2021

01002003004005001977199920211977: 119.1 % change on previous year1978: 1.9 % change on previous year1979: -3.8 % change on previous year1980: 457 % change on previous year1981: 22.8 % change on previous year1982: 13.6 % change on previous year1983: 17.4 % change on previous year1984: 2.7 % change on previous year1985: 22.5 % change on previous year1986: 50 % change on previous year1987: 19.2 % change on previous year1988: 21 % change on previous year1989: -12.7 % change on previous year1990: 10.3 % change on previous year1991: 11 % change on previous year1992: 9.3 % change on previous year1993: -1.4 % change on previous year1994: 6.9 % change on previous year1995: 6.2 % change on previous year1996: 2.3 % change on previous year1997: 15.9 % change on previous year1998: 27.5 % change on previous year1999: -12.6 % change on previous year2000: 4.4 % change on previous year2001: -0.161 % change on previous year2002: 13.7 % change on previous year2003: 14.4 % change on previous year2004: 1 % change on previous year2005: -12.4 % change on previous year2006: -6.7 % change on previous year2007: 6.3 % change on previous year2008: 35.4 % change on previous year2009: -14 % change on previous year2010: -2.4 % change on previous year2011: 12.8 % change on previous year2012: -0.198 % change on previous year2013: -1.7 % change on previous year2014: 1.5 % change on previous year2015: -1.7 % change on previous year2016: 0.924 % change on previous year2017: 0.043 % change on previous year2018: 9.2 % change on previous year2019: 0.575 % change on previous year2020: 4.8 % change on previous year2021: 3.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2021, personal remittances and foreign aid received, annual growth rate in South Korea stood at 3.74 % change on previous year.

Compared with earlier readings it is down 21.6% on the previous year and down 70.7% over ten years.

Over the whole period, personal remittances and foreign aid received, annual growth rate in South Korea peaked at 457.03 % change on previous year in 1980 and was at its lowest, -14.02 % change on previous year, in 2009.

South Korea ranks 141st of 188 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances and foreign aid received, annual growth rate in South Korea, year by year

Annual values for Personal remittances and foreign aid received, annual growth rate in South Korea, 1977 to 2021.
Year % change on previous year Change
1977 119.15 % change on previous year
1978 1.94 % change on previous year -98.4%
1979 -3.81 % change on previous year -296.2%
1980 457.03 % change on previous year -12097.0%
1981 22.75 % change on previous year -95.0%
1982 13.57 % change on previous year -40.4%
1983 17.37 % change on previous year +28.0%
1984 2.72 % change on previous year -84.4%
1985 22.45 % change on previous year +726.7%
1986 49.99 % change on previous year +122.6%
1987 19.23 % change on previous year -61.5%
1988 20.96 % change on previous year +9.0%
1989 -12.67 % change on previous year -160.5%
1990 10.33 % change on previous year -181.5%
1991 10.97 % change on previous year +6.2%
1992 9.3 % change on previous year -15.2%
1993 -1.36 % change on previous year -114.7%
1994 6.94 % change on previous year -608.9%
1995 6.21 % change on previous year -10.5%
1996 2.29 % change on previous year -63.2%
1997 15.89 % change on previous year +594.6%
1998 27.49 % change on previous year +73.0%
1999 -12.57 % change on previous year -145.7%
2000 4.42 % change on previous year -135.1%
2001 -0.1614 % change on previous year -103.7%
2002 13.7 % change on previous year -8587.7%
2003 14.42 % change on previous year +5.3%
2004 1.02 % change on previous year -92.9%
2005 -12.38 % change on previous year -1312.3%
2006 -6.75 % change on previous year -45.5%
2007 6.3 % change on previous year -193.3%
2008 35.37 % change on previous year +461.6%
2009 -14.02 % change on previous year -139.7%
2010 -2.43 % change on previous year -82.7%
2011 12.79 % change on previous year -626.2%
2012 -0.1984 % change on previous year -101.6%
2013 -1.73 % change on previous year +769.7%
2014 1.51 % change on previous year -187.8%
2015 -1.67 % change on previous year -210.1%
2016 0.9236 % change on previous year -155.4%
2017 0.0429 % change on previous year -95.4%
2018 9.17 % change on previous year +21273.0%
2019 0.5754 % change on previous year -93.7%
2020 4.78 % change on previous year +729.9%
2021 3.74 % change on previous year -21.6%

Biggest year-on-year movements

Years where Personal remittances and foreign aid received, annual growth rate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +21273.0% 0.0429 % change on previous year 9.17 % change on previous year
1980 +12097.0% -3.81 % change on previous year 457.03 % change on previous year
2002 +8587.7% -0.1614 % change on previous year 13.7 % change on previous year
2005 -1312.3% 1.02 % change on previous year -12.38 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 39.09 % change on previous year -3.81 % change on previous year 119.15 % change on previous year 3
1980s 61.34 % change on previous year -12.67 % change on previous year 457.03 % change on previous year 10
1990s 7.55 % change on previous year -12.57 % change on previous year 27.49 % change on previous year 10
2000s 4.19 % change on previous year -14.02 % change on previous year 35.37 % change on previous year 10
2010s 1.9 % change on previous year -2.43 % change on previous year 12.79 % change on previous year 10
2020s 4.26 % change on previous year 3.74 % change on previous year 4.78 % change on previous year 2

Countries ranked near South Korea

  1. 138 North Macedonia 4.16 % change on previous year compare
  2. 139 United States 3.9 % change on previous year compare
  3. 140 Sierra Leone 3.82 % change on previous year compare
  4. 142 Switzerland 3.41 % change on previous year compare
  5. 143 French Polynesia 3.06 % change on previous year compare
  6. 144 Marshall Islands 2.99 % change on previous year compare

See the full ranking of 188 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is personal remittances and foreign aid received, annual growth rate in South Korea?
Personal remittances and foreign aid received, annual growth rate in South Korea was 3.74 % change on previous year in 2021, according to Statizoid (derived).
What is the highest personal remittances and foreign aid received, annual growth rate recorded in South Korea?
The highest recorded value was 457.03 % change on previous year in 1980.
What is the lowest personal remittances and foreign aid received, annual growth rate recorded in South Korea?
The lowest recorded value was -14.02 % change on previous year in 2009.
How does South Korea rank for personal remittances and foreign aid received, annual growth rate?
South Korea ranks 141st out of 188 countries with data for 2021.
Is personal remittances and foreign aid received, annual growth rate rising or falling in South Korea?
Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of Personal remittances and foreign aid received, annual growth rate. Statizoid updates them automatically from the source API.

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Personal remittances and foreign aid received, annual growth rate in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://reference.statizoid.com/stat/personal-remittances-and-foreign-aid-received-annual-growth-rate/korea-rep/

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How this figure is calculated

The year-on-year percentage change in Personal remittances and foreign aid received. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Personal remittances and foreign aid received, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 6,234 data points, 1971–2021
Last refreshed

The year-on-year percentage change in Personal remittances and foreign aid received. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.