Korea, Republic of vs Kuwait: Personal remittances, paid

Korea, Republic of
14.31 billion current US$
in 2025
Kuwait
16.74 billion current US$
in 2025
Korea, Republic of rank
11th
Kuwait rank
8th

Personal remittances, paid over time

  • Korea, Republic of
  • Kuwait
05.0B10.0B15.0B20.0B197520002025

How they compare

Kuwait currently reports 16.74 billion current US$ against 14.31 billion current US$ in Korea, Republic of, a difference of 2.43 billion current US$.

That makes Kuwait's figure about 1.2 times Korea, Republic of's.

The two have swapped places 6 times across 50 shared years of data; in 1976 it was Kuwait ahead.

Korea, Republic of ranks 11th and Kuwait ranks 8th of 195 countries.

Across the 6 decades both report, Korea, Republic of averaged higher in 2 and Kuwait in 4.

Head to head by decade

Decade Korea, Republic of Kuwait Difference Ahead
1970s 2.50 million current US$ 412.27 million current US$ 409.77 million current US$ Kuwait
1980s 124.94 million current US$ 977.51 million current US$ 852.57 million current US$ Kuwait
1990s 1.77 billion current US$ 1.20 billion current US$ 566.35 million current US$ Korea, Republic of
2000s 6.55 billion current US$ 4.77 billion current US$ 1.78 billion current US$ Korea, Republic of
2010s 10.58 billion current US$ 15.36 billion current US$ 4.78 billion current US$ Kuwait
2020s 12.19 billion current US$ 16.19 billion current US$ 4.01 billion current US$ Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, paid, Korea, Republic of or Kuwait?
Kuwait, at 16.74 billion current US$ against 14.31 billion current US$ in Korea, Republic of as of 2025.
What is the difference in personal remittances, paid between Korea, Republic of and Kuwait?
2.43 billion current US$, with Kuwait ahead.
How many years of comparable data are there for Korea, Republic of and Kuwait?
50 years are reported by both, from 1976 to 2025.
How do Korea, Republic of and Kuwait rank globally for personal remittances, paid?
Korea, Republic of ranks 11th and Kuwait ranks 8th of 195 countries.
Where does this data come from?
IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea, Republic of vs Kuwait: Personal remittances, paid. Statizoid, drawing on IMF balance of payments data, International Monetary Fund (IMF). Retrieved 19 August 2026, from https://economy.statizoid.com/compare/personal-remittances-paid-current-us/korea-rep/kuwait/

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About this data

Indicator
Personal remittances, paid (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,655 data points, 1966–2025
Last refreshed

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.