Korea - Remittances Received 2020
$7.4B
+$268.7M from 2019
Korea's remittances received was $7.4B in 2020, increased +$268.7M from $7.2B in 2019. This was the 163rd highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Tuvalu | $2.2M | -8.5% |
| 2nd | Palau | $2.3M | -3.7% |
| 3rd | Papua New Guinea | $2.3M | -92.2% |
| 4th | Nauru | $2.5M | -33.4% |
| 5th | Maldives | $4.7M | 5.0% |
| 6th | Angola | $8.1M | 133.7% |
| 7th | São Tomé and Principe | $8.6M | -22.4% |
| 8th | Cayman Islands | $9.0M | -36.3% |
| 9th | Seychelles | $10.0M | -57.8% |
| 10th | Congo, Republic of | $12.6M | -51.9% |
| 11th | Malta | $13.7M | 4.0% |
| 12th | Kiribati | $14.9M | -25.7% |
| 13th | San Marino | $17.7M | 1.6% |
| 14th | Kuwait | $22.5M | -12.4% |
| 15th | Guinea | $22.5M | -85.8% |
| 16th | Micronesia, Federated States of | $23.3M | 0.0% |
| 17th | Solomon Islands | $27.5M | 8.0% |
| 18th | St. Kitts and Nevis | $31.6M | -25.3% |
| 19th | Marshall Islands | $33.5M | 3.1% |
| 20th | Dominica | $33.7M | -29.2% |
| 21st | Aruba | $35.0M | 2.1% |
| 22nd | Antigua and Barbuda | $36.2M | -1.8% |
| 23rd | Sint Maarten (Dutch part) | $38.7M | -20.4% |
| 24th | Oman | $39.0M | 0.0% |
| 25th | Botswana | $44.2M | -25.5% |
| 26th | Andorra | $47.4M | 124.6% |
| 27th | Bahamas, The | $50.8M | - |
| 28th | St. Lucia | $56.4M | 30.5% |
| 29th | Namibia | $60.5M | -7.8% |
| 30th | St. Vincent and the Grenadines | $63.0M | -20.6% |
| 31st | Djibouti | $64.1M | -19.4% |
| 32nd | Macao SAR, China | $65.8M | 19.6% |
| 33rd | Chile | $66.2M | -4.6% |
| 34th | Grenada | $70.4M | 11.2% |
| 35th | Bhutan | $83.4M | 47.3% |
| 36th | Barbados | $85.2M | 0.0% |
| 37th | South Sudan | $86.5M | 7.5% |
| 38th | Timor-Leste | $95.9M | 26.6% |
| 39th | Uruguay | $111.1M | -1.0% |
| 40th | Eswatini | $112.5M | -5.2% |
| 41st | Belize | $120.7M | 24.7% |
| 42nd | Suriname | $124.0M | 29.0% |
| 43rd | Vanuatu | $127.1M | -16.4% |
| 44th | Curaçao | $132.3M | -25.0% |
| 45th | Zambia | $134.9M | 37.3% |
| 46th | Burundi | $145.3M | 58.6% |
| 47th | Mozambique | $162.1M | -10.8% |
| 48th | Iceland | $167.4M | -10.9% |
| 49th | Mauritania | $168.7M | 161.7% |
| 50th | Guinea-Bissau | $174.9M | 15.7% |
| 51st | Sierra Leone | $177.0M | -0.3% |
| 52nd | Tonga | $190.0M | 4.6% |
| 53rd | Trinidad and Tobago | $194.4M | 35.0% |
| 54th | Samoa | $204.2M | 31.5% |
| 55th | Benin | $204.6M | -5.7% |
| 56th | Comoros | $226.7M | 34.5% |
| 57th | Malawi | $231.7M | -17.5% |
| 58th | Lao PDR | $232.2M | -21.7% |
| 59th | Cabo Verde | $234.1M | 8.9% |
| 60th | Ireland | $276.1M | -52.9% |
| 61st | Rwanda | $280.1M | 7.4% |
| 62nd | Mauritius | $284.7M | -10.6% |
| 63rd | Saudi Arabia | $302.3M | -9.5% |
| 64th | Fiji | $317.2M | 10.7% |
| 65th | Tanzania | $326.2M | -24.8% |
| 66th | Côte d'Ivoire | $329.1M | 0.3% |
| 67th | Cameroon | $334.1M | -6.0% |
| 68th | Kazakhstan | $374.4M | -26.0% |
| 69th | Panama | $386.5M | -33.5% |
| 70th | Gambia, The | $416.4M | 51.0% |
| 71st | Liberia | $417.0M | 20.4% |
| 72nd | Hong Kong SAR, China | $426.6M | -5.5% |
| 73rd | New Zealand | $428.5M | -9.6% |
| 74th | Guyana | $441.1M | 16.0% |
| 75th | Lesotho | $449.9M | -15.0% |
| 76th | North Macedonia | $470.1M | 32.6% |
| 77th | Sudan | $495.4M | -5.2% |
| 78th | Madagascar | $495.4M | 21.5% |
| 79th | Estonia | $506.8M | -6.5% |
| 80th | Niger | $520.9M | 68.8% |
| 81st | Burkina Faso | $524.6M | 12.3% |
| 82nd | Costa Rica | $524.8M | -5.2% |
| 83rd | Mongolia | $548.8M | -2.2% |
| 84th | Cyprus | $567.6M | 6.0% |
| 85th | French Polynesia | $581.6M | 0.0% |
| 86th | Norway | $589.0M | -4.3% |
| 87th | Finland | $598.1M | -29.0% |
| 88th | Montenegro | $600.7M | 2.8% |
| 89th | Greece | $611.4M | -9.6% |
| 90th | New Caledonia | $621.1M | 0.0% |
| 91st | Iraq | $644.4M | -25.0% |
| 92nd | Argentina | $648.1M | 15.4% |
| 93rd | Togo | $650.4M | 28.0% |
| 94th | Qatar | $651.6M | 13.0% |
| 95th | Slovenia | $738.1M | 11.3% |
| 96th | Paraguay | $756.4M | -8.2% |
| 97th | Afghanistan | $788.9M | -4.8% |
| 98th | Lithuania | $790.6M | -39.4% |
| 99th | South Africa | $810.9M | -8.9% |
| 100th | Türkiye | $816.0M | -4.7% |
| 101st | Canada | $821.8M | -37.3% |
| 102nd | Mali | $997.1M | 2.6% |
| 103rd | Belarus | $1.0B | -28.6% |
| 104th | Portugal | $1.0B | 21.1% |
| 105th | Israel | $1.0B | 8.3% |
| 106th | Uganda | $1.1B | -25.5% |
| 107th | Latvia | $1.1B | -4.7% |
| 108th | Australia | $1.1B | -33.8% |
| 109th | Bolivia, Plurinational State of | $1.1B | -15.7% |
| 110th | Congo, Democratic Republic of | $1.2B | -42.4% |
| 111th | Armenia | $1.3B | -13.2% |
| 112th | Denmark | $1.3B | -8.1% |
| 113th | Azerbaijan | $1.4B | 10.0% |
| 114th | Malaysia | $1.4B | -10.7% |
| 115th | Kosovo | $1.4B | 15.0% |
| 116th | Albania | $1.5B | -0.5% |
| 117th | Bermuda | $1.6B | 1.7% |
| 118th | Somalia, Fed. Rep. | $1.6B | 22.6% |
| 119th | Algeria | $1.7B | -4.8% |
| 120th | Zimbabwe | $1.8B | 29.3% |
| 121st | Nicaragua | $1.9B | 10.0% |
| 122nd | Moldova | $1.9B | -1.7% |
| 123rd | Bosnia and Herzegovina | $1.9B | -17.2% |
| 124th | Bulgaria | $2.0B | -7.0% |
| 125th | Georgia | $2.1B | -6.6% |
| 126th | Tajikistan | $2.2B | -5.8% |
| 127th | Tunisia | $2.3B | 27.5% |
| 128th | Luxembourg | $2.3B | 11.0% |
| 129th | Slovak Republic | $2.5B | -3.2% |
| 130th | West Bank and Gaza | $2.6B | -18.8% |
| 131st | Cambodia | $2.6B | -2.5% |
| 132nd | Senegal | $2.6B | 3.2% |
| 133rd | Kyrgyz Republic | $2.6B | -2.5% |
| 134th | Myanmar | $2.7B | 4.6% |
| 135th | Peru | $2.9B | -13.1% |
| 136th | Austria | $3.0B | 1.0% |
| 137th | Spain | $3.1B | -4.5% |
| 138th | Jamaica | $3.1B | 19.7% |
| 139th | Switzerland | $3.1B | 7.7% |
| 140th | Kenya | $3.1B | 9.5% |
| 141st | United Kingdom | $3.2B | -22.9% |
| 142nd | Haiti | $3.3B | 20.9% |
| 143rd | Sweden | $3.3B | -3.5% |
| 144th | Ecuador | $3.3B | 3.1% |
| 145th | Yemen, Republic of | $3.4B | 0.0% |
| 146th | Brazil | $3.6B | 11.0% |
| 147th | Netherlands | $3.6B | -1.4% |
| 148th | Serbia | $3.9B | -8.7% |
| 149th | Hungary | $3.9B | -19.7% |
| 150th | Czechia | $4.2B | 8.4% |
| 151st | Croatia | $4.2B | -2.0% |
| 152nd | Ghana | $4.3B | 5.9% |
| 153rd | Jordan | $4.8B | 5.6% |
| 154th | Japan | $4.9B | 11.4% |
| 155th | Honduras | $5.6B | 3.5% |
| 156th | El Salvador | $5.9B | 4.9% |
| 157th | Lebanon | $6.6B | -10.5% |
| 158th | United States | $6.8B | -3.1% |
| 159th | Colombia | $6.9B | -2.7% |
| 160th | Uzbekistan | $7.1B | -17.1% |
| 161st | Sri Lanka | $7.1B | 5.8% |
| 162nd | Morocco | $7.4B | 6.5% |
| 163rd | Korea | $7.4B | 3.7% |
| 164th | Poland | $7.4B | -1.0% |
| 165th | Romania | $7.6B | -6.3% |
| 166th | Thailand | $7.9B | 1.1% |
| 167th | Nepal | $8.1B | -1.7% |
| 168th | Dominican Republic | $8.3B | 12.3% |
| 169th | Indonesia | $9.7B | -17.3% |
| 170th | Italy | $9.9B | -5.4% |
| 171st | Russian Federation | $9.9B | -5.0% |
| 172nd | Viet Nam | $10.7B | -1.6% |
| 173rd | Guatemala | $11.4B | 7.0% |
| 174th | Belgium | $13.1B | 5.5% |
| 175th | Ukraine | $15.2B | -3.6% |
| 176th | Nigeria | $17.2B | -27.7% |
| 177th | Germany | $18.8B | 2.6% |
| 178th | China | $18.9B | 3.2% |
| 179th | Bangladesh | $21.8B | 18.4% |
| 180th | Pakistan | $26.1B | 17.2% |
| 181st | Egypt, Arab Republic of | $29.6B | 10.5% |
| 182nd | France | $30.0B | 4.2% |
| 183rd | Philippines | $34.9B | -0.8% |
| 184th | Mexico | $44.0B | 10.4% |
| 185th | India | $83.1B | -0.2% |
| 186th | European Union | $126.5B | -0.7% |
FAQ
What was Korea's remittances received in 2020?▾
Korea's remittances received in 2020 was $7.4B. This ranked 163rd globally.
How did Korea's remittances received change in 2020?▾
Korea's remittances received increased by 3.7% in 2020 compared to 2019.
Which country had the highest remittances received in 2020?▾
European Union had the highest remittances received in 2020 at $126.5B.
What is the remittances received of Korea in 2020?▾
The remittances received of Korea in 2020 was $7.4B. This ranked 163rd globally.
What was Korea's remittances received in billion in 2020?▾
Korea's remittances received in 2020 was approximately 7.43 billion ($7.4B).
How does 2020 compare to 2019 for Korea's remittances received?▾
Korea's remittances received went from $7.2B in 2019 to $7.4B in 2020, a 3.7% increase.
Related
2019
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Full ranking 2020
Exports
Imports
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Peak: 2022
Lowest: 1976
Remittances Received 1990s
Remittances Received 2000s
Remittances Received 2010s
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