24Peaks / Asia / South Korea / Remittance Inflows

South Korea - Remittance Inflows 7.07B

World Bank WDI · updated 2026-10-15 · 201 economies tracked

Latest value

7.07B (2025)

Global rank

#n/a of 201 economies

Share of global total

0.8%

Growth since 1976

150.44×

Ranking Race — Remittance Inflows

1 = global #1 · higher value ranks higher

#1#6#11#16#21#26#311970198019902000201020202025#28#331998 overtook Belgium2000 overtook United Kingdom
South KoreaIndiaMexicoFrancePhilippines

Real annual global ranks, 1970 - 2025. South Korea climbed from #28 to #33 (overtook Belgium). Gaps in a lane = missing data that year.

Key events for South Korea ↓

Key Events — South Korea

Auto-detected from rank data + curated milestones

1980
Climbed 15 places in global rank auto
1997
IMF crisis curated

Currency crisis forces an IMF bailout and deep restructuring.

1998
Overtook Belgium in global rank auto
1999
V-shaped recovery curated

Rapid reform-driven rebound from the Asian crisis.

2000
Overtook United Kingdom in global rank auto
2009
Global crisis slowdown curated

Export slump hits growth before a fast recovery.

2020
COVID-19 management curated

Economy contracts slightly while exports stay resilient.

2024
Fell 26 places in global rank auto

Remittance Inflows, 1976-2025

World Bank WDI · USD million · linear scale · ranking in the race above
19761986199620062016202547.00M2.65B5.26B7.86B

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