Europe & Central Asia (excluding high income) vs Korea: Personal remittances, received
Personal remittances, received over time
- Europe & Central Asia (excluding high income)
- Korea
How they compare
Europe & Central Asia (excluding high income) currently reports 58.96 billion current US$ against 7.07 billion current US$ in Korea, a difference of 51.89 billion current US$.
That makes Europe & Central Asia (excluding high income)'s figure about 8.3 times Korea's.
The two have swapped places 4 times across 50 shared years of data; in 1976 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 31st and Korea ranks 30th of 47 groups.
Europe & Central Asia (excluding high income) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.16 billion current US$ | 89.00 million current US$ | 1.07 billion current US$ | Europe & Central Asia (excluding high income) |
| 1980s | 2.02 billion current US$ | 1.36 billion current US$ | 666.89 million current US$ | Europe & Central Asia (excluding high income) |
| 1990s | 4.55 billion current US$ | 3.38 billion current US$ | 1.17 billion current US$ | Europe & Central Asia (excluding high income) |
| 2000s | 15.59 billion current US$ | 5.42 billion current US$ | 10.17 billion current US$ | Europe & Central Asia (excluding high income) |
| 2010s | 39.76 billion current US$ | 6.59 billion current US$ | 33.17 billion current US$ | Europe & Central Asia (excluding high income) |
| 2020s | 59.44 billion current US$ | 7.44 billion current US$ | 52.00 billion current US$ | Europe & Central Asia (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Europe & Central Asia (excluding high income) or Korea?
- Europe & Central Asia (excluding high income), at 58.96 billion current US$ against 7.07 billion current US$ in Korea as of 2025.
- What is the difference in personal remittances, received between Europe & Central Asia (excluding high income) and Korea?
- 51.89 billion current US$, with Europe & Central Asia (excluding high income) ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do Europe & Central Asia (excluding high income) and Korea rank globally for personal remittances, received?
- Europe & Central Asia (excluding high income) ranks 31st and Korea ranks 30th of 47 groups.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.