Republic of Korea vs United States of America: Personal remittances, received
Personal remittances, received over time
- Republic of Korea
- United States of America
How they compare
United States of America currently reports 9.04 billion current US$ against 7.07 billion current US$ in Republic of Korea, a difference of 1.97 billion current US$.
That makes United States of America's figure about 1.3 times Republic of Korea's.
The two have swapped places 10 times across 49 shared years of data; in 1977 it was United States of America ahead.
Republic of Korea ranks 30th and United States of America ranks 27th of 196 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 4 and United States of America in 2.
Head to head by decade
| Decade | Republic of Korea | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 103.00 million current US$ | 216.67 million current US$ | 113.67 million current US$ | United States of America |
| 1980s | 1.36 billion current US$ | 439.70 million current US$ | 916.31 million current US$ | Republic of Korea |
| 1990s | 3.38 billion current US$ | 2.13 billion current US$ | 1.25 billion current US$ | Republic of Korea |
| 2000s | 5.42 billion current US$ | 4.91 billion current US$ | 509.73 million current US$ | Republic of Korea |
| 2010s | 6.59 billion current US$ | 6.47 billion current US$ | 120.10 million current US$ | Republic of Korea |
| 2020s | 7.44 billion current US$ | 7.96 billion current US$ | 520.00 million current US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Republic of Korea or United States of America?
- United States of America, at 9.04 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 Republic of Korea and United States of America?
- 1.97 billion current US$, with United States of America ahead.
- How many years of comparable data are there for Republic of Korea and United States of America?
- 49 years are reported by both, from 1977 to 2025.
- How do Republic of Korea and United States of America rank globally for personal remittances, received?
- Republic of Korea ranks 30th and United States of America ranks 27th of 196 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). 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.