Personal remittances and foreign aid received in South Korea
South Korea: Personal remittances and foreign aid received was 7.79 billion current US$ in 2021. ◆ Volatile
Personal remittances and foreign aid received in South Korea, 1976–2021
Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.
Analysis
The most recent figure for personal remittances and foreign aid received in South Korea is 7.79 billion current US$, measured in 2021. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 18.0% over ten years.
Over the whole period, personal remittances and foreign aid received in South Korea peaked at 7.79 billion current US$ in 2021 and was at its lowest, 47.00 million current US$, in 1976.
South Korea ranks 25th of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 89.00 million current US$ | 47.00 million current US$ | 105.00 million current US$ | 4 |
| 1980s | 1.36 billion current US$ | 562.60 million current US$ | 2.50 billion current US$ | 10 |
| 1990s | 3.38 billion current US$ | 2.41 billion current US$ | 4.96 billion current US$ | 10 |
| 2000s | 5.42 billion current US$ | 4.52 billion current US$ | 6.98 billion current US$ | 10 |
| 2010s | 6.59 billion current US$ | 5.85 billion current US$ | 7.17 billion current US$ | 10 |
| 2020s | 7.65 billion current US$ | 7.51 billion current US$ | 7.79 billion current US$ | 2 |
Countries ranked near South Korea
More reference data data for South Korea
- Spring temperature anomalies 1.1 °C (2026)
- Summer temperature anomalies 0.7164 °C (2026)
- Temperature anomalies by month -0.8996 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 2.24 °C (2025)
- Winter temperature anomalies 0.9115 °C (2025)
- Consumer price index 135 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is personal remittances and foreign aid received in South Korea?
- Personal remittances and foreign aid received in South Korea was 7.79 billion current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
- What is the highest personal remittances and foreign aid received recorded in South Korea?
- The highest recorded value was 7.79 billion current US$ in 2021.
- What is the lowest personal remittances and foreign aid received recorded in South Korea?
- The lowest recorded value was 47.00 million current US$ in 1976.
- How does South Korea rank for personal remittances and foreign aid received?
- South Korea ranks 25th out of 193 countries with data for 2021.
- Is personal remittances and foreign aid received rising or falling in South Korea?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.