Australia vs Republic of Korea: Personal remittances, paid
Personal remittances, paid over time
- Australia
- Republic of Korea
How they compare
Australia currently reports 15.86 billion current US$ against 14.31 billion current US$ in Republic of Korea, a difference of 1.55 billion current US$.
That makes Australia's figure about 1.1 times Republic of Korea's.
The two have swapped places 2 times across 50 shared years of data; in 1976 it was Australia ahead.
Australia ranks 9th and Republic of Korea ranks 11th of 195 countries.
Across the 6 decades both report, Australia averaged higher in 2 and Republic of Korea in 4.
Head to head by decade
| Decade | Australia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 235.39 million current US$ | 2.50 million current US$ | 232.89 million current US$ | Australia |
| 1980s | 374.76 million current US$ | 124.94 million current US$ | 249.82 million current US$ | Australia |
| 1990s | 624.80 million current US$ | 1.77 billion current US$ | 1.14 billion current US$ | Republic of Korea |
| 2000s | 1.89 billion current US$ | 6.55 billion current US$ | 4.66 billion current US$ | Republic of Korea |
| 2010s | 6.78 billion current US$ | 10.58 billion current US$ | 3.80 billion current US$ | Republic of Korea |
| 2020s | 11.32 billion current US$ | 12.19 billion current US$ | 870.27 million current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Australia or Republic of Korea?
- Australia, at 15.86 billion current US$ against 14.31 billion current US$ in Republic of Korea as of 2025.
- What is the difference in personal remittances, paid between Australia and Republic of Korea?
- 1.55 billion current US$, with Australia ahead.
- How many years of comparable data are there for Australia and Republic of Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do Australia and Republic of Korea rank globally for personal remittances, paid?
- Australia ranks 9th and Republic of Korea ranks 11th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.