Europe & Central Asia (IDA & IBRD countries) vs Republic of Korea: Personal remittances, received

Europe & Central Asia (IDA & IBRD countries)
83.43 billion current US$
in 2025
Republic of Korea
7.07 billion current US$
in 2025
Europe & Central Asia (IDA & IBRD countries) rank
29th
Republic of Korea rank
30th

Personal remittances, received over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Republic of Korea
020.0B40.0B60.0B80.0B100.0B197419992025

How they compare

Europe & Central Asia (IDA & IBRD countries) currently reports 83.43 billion current US$ against 7.07 billion current US$ in Republic of Korea, a difference of 76.36 billion current US$.

That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 11.8 times Republic of Korea's.

The two have swapped places 2 times across 50 shared years of data; in 1976 it was Europe & Central Asia (IDA & IBRD countries) ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 29th and Republic of Korea ranks 30th of 47 groups.

Europe & Central Asia (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Republic of Korea Difference Ahead
1970s 1.16 billion current US$ 89.00 million current US$ 1.07 billion current US$ Europe & Central Asia (IDA & IBRD countries)
1980s 2.02 billion current US$ 1.36 billion current US$ 666.89 million current US$ Europe & Central Asia (IDA & IBRD countries)
1990s 6.00 billion current US$ 3.38 billion current US$ 2.62 billion current US$ Europe & Central Asia (IDA & IBRD countries)
2000s 28.48 billion current US$ 5.42 billion current US$ 23.06 billion current US$ Europe & Central Asia (IDA & IBRD countries)
2010s 63.67 billion current US$ 6.59 billion current US$ 57.08 billion current US$ Europe & Central Asia (IDA & IBRD countries)
2020s 88.64 billion current US$ 7.44 billion current US$ 81.20 billion current US$ Europe & Central Asia (IDA & IBRD countries)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received, Europe & Central Asia (IDA & IBRD countries) or Republic of Korea?
Europe & Central Asia (IDA & IBRD countries), at 83.43 billion current US$ against 7.07 billion current US$ in Republic of Korea as of 2025.
What is the difference in personal remittances, received between Europe & Central Asia (IDA & IBRD countries) and Republic of Korea?
76.36 billion current US$, with Europe & Central Asia (IDA & IBRD countries) ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Republic of Korea?
50 years are reported by both, from 1976 to 2025.
How do Europe & Central Asia (IDA & IBRD countries) and Republic of Korea rank globally for personal remittances, received?
Europe & Central Asia (IDA & IBRD countries) ranks 29th and Republic of Korea ranks 30th of 47 groups.
Where does this data come from?
IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Republic of Korea: Personal remittances, received. Statizoid, drawing on IMF balance of payments data, International Monetary Fund (IMF). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/personal-remittances-received-current-us/europe-and-central-asia-ida-and-ibrd-countries/korea-rep/

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About this data

Indicator
Personal remittances, received (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
244 places, 9,733 data points, 1970–2025
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.