Canada vs Korea: Personal remittances, paid
Personal remittances, paid over time
- Canada
- Korea
How they compare
Canada currently reports 15.12 billion current US$ against 14.31 billion current US$ in Korea, a difference of 805.60 million current US$.
That makes Canada's figure about 1.1 times Korea's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Canada ahead.
Canada ranks 10th and Korea ranks 11th of 195 countries.
Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.36 billion current US$ | 1.77 billion current US$ | 411.03 million current US$ | Korea |
| 2000s | 3.09 billion current US$ | 6.55 billion current US$ | 3.46 billion current US$ | Korea |
| 2010s | 6.13 billion current US$ | 10.58 billion current US$ | 4.45 billion current US$ | Korea |
| 2020s | 11.67 billion current US$ | 12.19 billion current US$ | 517.21 million current US$ | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Canada or Korea?
- Canada, at 15.12 billion current US$ against 14.31 billion current US$ in Korea as of 2025.
- What is the difference in personal remittances, paid between Canada and Korea?
- 805.60 million current US$, with Canada ahead.
- How many years of comparable data are there for Canada and Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do Canada and Korea rank globally for personal remittances, paid?
- Canada ranks 10th and Korea ranks 11th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.