China vs Republic of Korea: Personal remittances, paid
Personal remittances, paid over time
- China
- Republic of Korea
How they compare
Republic of Korea currently reports 14.31 billion current US$ against 14.04 billion current US$ in China, a difference of 272.70 million current US$.
The two have swapped places 4 times across 44 shared years of data; in 1982 it was Republic of Korea ahead.
China ranks 12th and Republic of Korea ranks 11th of 195 countries.
Across the 5 decades both report, China averaged higher in 1 and Republic of Korea in 4.
Head to head by decade
| Decade | China | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.88 million current US$ | 144.80 million current US$ | 141.93 million current US$ | Republic of Korea |
| 1990s | 137.30 million current US$ | 1.77 billion current US$ | 1.63 billion current US$ | Republic of Korea |
| 2000s | 1.79 billion current US$ | 6.55 billion current US$ | 4.76 billion current US$ | Republic of Korea |
| 2010s | 6.66 billion current US$ | 10.58 billion current US$ | 3.92 billion current US$ | Republic of Korea |
| 2020s | 15.93 billion current US$ | 12.19 billion current US$ | 3.74 billion current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, China or Republic of Korea?
- Republic of Korea, at 14.31 billion current US$ against 14.04 billion current US$ in China as of 2025.
- What is the difference in personal remittances, paid between China and Republic of Korea?
- 272.70 million current US$, with Republic of Korea ahead.
- How many years of comparable data are there for China and Republic of Korea?
- 44 years are reported by both, from 1982 to 2025.
- How do China and Republic of Korea rank globally for personal remittances, paid?
- China ranks 12th and Republic of Korea ranks 11th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.