Remittances in South Korea

South Korea: Remittances was 0.3776 in 2025. ▼ Falling

Latest (2025)
0.3776
Change on year
down 2.8%
World rank
153rd
of 194 countries
All-time high
1.45
in 1986
All-time low
0.1483
in 1979
Years of data
50
1976–2025

Remittances in South Korea, 1976–2025

00.511.5197620002025

Source: Our World in Data.

Analysis

In 2025, remittances in South Korea stood at 0.3776.

Compared with earlier readings it is down 2.8% on the previous year and down 10.1% over ten years.

Over the whole period, remittances in South Korea peaked at 1.45 in 1986 and was at its lowest, 0.1483, in 1979.

South Korea ranks 153rd of 194 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 50 years of available data.

Remittances in South Korea, year by year

Annual values for Remittances in South Korea, 1976 to 2025.
Year Value Change
1976 0.1548 —
1977 0.2637 +70.4%
1978 0.1988 -24.6%
1979 0.1483 -25.4%
1980 0.8454 +469.9%
1981 0.9296 +10.0%
1982 0.9813 +5.6%
1983 1.03 +4.7%
1984 0.9479 -7.7%
1985 1.12 +17.7%
1986 1.45 +29.7%
1987 1.36 -6.0%
1988 1.22 -10.4%
1989 0.8603 -29.4%
1990 0.8262 -4.0%
1991 0.7856 -4.9%
1992 0.7976 +1.5%
1993 0.7116 -10.8%
1994 0.6442 -9.5%
1995 0.5592 -13.2%
1996 0.5313 -5.0%
1997 0.6597 +24.1%
1998 1.25 +89.1%
1999 0.84 -32.6%
2000 0.7571 -9.9%
2001 0.7957 +5.1%
2002 0.79 -0.7%
2003 0.8065 +2.1%
2004 0.7209 -10.6%
2005 0.5352 -25.8%
2006 0.4428 -17.3%
2007 0.4222 -4.6%
2008 0.6393 +51.4%
2009 0.6103 -4.5%
2010 0.4907 -19.6%
2011 0.5051 +2.9%
2012 0.4934 -2.3%
2013 0.4514 -8.5%
2014 0.4224 -6.4%
2015 0.4199 -0.6%
2016 0.4131 -1.6%
2017 0.3816 -7.6%
2018 0.3906 +2.3%
2019 0.4092 +4.8%
2020 0.4305 +5.2%
2021 0.401 -6.8%
2022 0.4369 +8.9%
2023 0.3852 -11.8%
2024 0.3883 +0.8%
2025 0.3776 -2.8%

South Korea compared with similar countries

  • South Korea's 0.3776 is below the median for high income countries, which is 0.7013, 54% of the median. (69 countries reporting)
  • South Korea's 0.3776 is below the median for East Asia & Pacific, which is 3.4, 11% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Remittances 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
1980 +469.9% 0.1483 0.8454
1998 +89.1% 0.6597 1.25
1977 +70.4% 0.1548 0.2637

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.1914 0.1483 0.2637 4
1980s 1.07 0.8454 1.45 10
1990s 0.7603 0.5313 1.25 10
2000s 0.652 0.4222 0.8065 10
2010s 0.4378 0.3816 0.5051 10
2020s 0.4033 0.3776 0.4369 6

Countries ranked near South Korea

  1. 150 Bahamas 0.4164 compare
  2. 151 Netherlands 0.3888 compare
  3. 152 Malaysia 0.3802 compare
  4. 154 Switzerland 0.3711 compare
  5. 155 Spain 0.3596 compare
  6. 156 Denmark 0.3579 compare

See the full ranking of 194 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is remittances in South Korea?
Remittances in South Korea was 0.3776 in 2025, according to Our World in Data.
What is the highest remittances recorded in South Korea?
The highest recorded value was 1.45 in 1986.
What is the lowest remittances recorded in South Korea?
The lowest recorded value was 0.1483 in 1979.
How does South Korea rank for remittances?
South Korea ranks 153rd out of 194 countries with data for 2025.
Is remittances rising or falling in South Korea?
Over the last ten years it is down 10.1%. 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 Remittances. Statizoid updates them automatically from the source API.

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Remittances in South Korea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/korea-rep/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed