Remittance costs as share of amount remitted in South Korea
South Korea: Remittance costs as share of amount remitted was 4.18 in 2021. ▼ Falling
Latest (2021)
4.18
Change on year
down 11.8%
World rank
36th
of 46 countries
All-time high
6.36
in 2011
All-time low
4.18
in 2021
Years of data
7
2011–2021
Remittance costs as share of amount remitted in South Korea, 2011–2021
Source: Our World in Data.
Analysis
The most recent figure for remittance costs as share of amount remitted in South Korea is 4.18, measured in 2021. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 11.8% on the previous year and down 34.3% over ten years.
Over the whole period, remittance costs as share of amount remitted in South Korea peaked at 6.36 in 2011 and was at its lowest, 4.18, in 2021.
South Korea ranks 36th of 46 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.31 | 4.81 | 6.36 | 5 |
| 2020s | 4.46 | 4.18 | 4.74 | 2 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 428.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 245.54 (2050)
- Emission Totals - Emissions (CH4) - Burning - Crop residues 1.13 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop re 31.73 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric Fermentat 6,875 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
Frequently asked questions
- What is remittance costs as share of amount remitted in South Korea?
- Remittance costs as share of amount remitted in South Korea was 4.18 in 2021, according to Our World in Data.
- What is the highest remittance costs as share of amount remitted recorded in South Korea?
- The highest recorded value was 6.36 in 2011.
- What is the lowest remittance costs as share of amount remitted recorded in South Korea?
- The lowest recorded value was 4.18 in 2021.
- How does South Korea rank for remittance costs as share of amount remitted?
- South Korea ranks 36th out of 46 countries with data for 2021.
- Is remittance costs as share of amount remitted rising or falling in South Korea?
- Over the last ten years it is down 34.3%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Remittance costs as share of amount remitted. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).