South Korea vs Spain: Personal remittances, received
Personal remittances, received over time
- South Korea
- Spain
How they compare
South Korea currently reports 7.07 billion current US$ against 6.86 billion current US$ in Spain, a difference of 214.85 million current US$.
The two have swapped places 1 time across 50 shared years of data; in 1976 it was Spain ahead.
South Korea ranks 30th and Spain ranks 31st of 197 countries.
Across the 6 decades both report, South Korea averaged higher in 4 and Spain in 2.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 89.00 million current US$ | 1.62 billion current US$ | 1.53 billion current US$ | Spain |
| 1980s | 1.36 billion current US$ | 1.61 billion current US$ | 250.26 million current US$ | Spain |
| 1990s | 3.38 billion current US$ | 2.44 billion current US$ | 940.98 million current US$ | South Korea |
| 2000s | 5.42 billion current US$ | 1.15 billion current US$ | 4.27 billion current US$ | South Korea |
| 2010s | 6.59 billion current US$ | 2.64 billion current US$ | 3.95 billion current US$ | South Korea |
| 2020s | 7.44 billion current US$ | 4.99 billion current US$ | 2.45 billion current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, South Korea or Spain?
- South Korea, at 7.07 billion current US$ against 6.86 billion current US$ in Spain as of 2025.
- What is the difference in personal remittances, received between South Korea and Spain?
- 214.85 million current US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Spain?
- 50 years are reported by both, from 1976 to 2025.
- How do South Korea and Spain rank globally for personal remittances, received?
- South Korea ranks 30th and Spain ranks 31st of 197 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.