Remittance Inflow
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Remittance Inflow in South Korea

Timeframe20202021202220232024
Remittance inflow (billions)Maximum of two rows can be charted.
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– % changeMaximum of two rows can be charted.
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– % of worldwide remittance inflowMaximum of two rows can be charted.
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Source: eMarketer

Note: Exchange Rate; the value of money sent by citizens working abroad to their country of origin; examples include a citizen of this country working in another country and sending money home through a financial institution or money transfer service (e.g., Western Union)

Additional Note: Insider Intelligence benchmarks its Global Remittance Payments Volume projections against the World Bank for which the last full year measured was 2021.

Methodology: Estimates are based on the analysis of data from other research firms and government agencies, historical trends, reported and estimated remittances.

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