According to an analysis of remittances in South Korea in 2018, the top destination country for emigration-related remittances by South Koreans was the U.S., with the average value of remittances per person amounting to nearly 497 thousand U.S. dollars. After the U.S. came Australia with around 440 thousand dollars and then Canada with around 278 thousand dollars. Around 40 percent of the remittances were made by people in their 40s.
Average value of remittances per person for emigration in South Korea in 2018, by country
(in 1,000 U.S. dollars)
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Hana Bank. (July 5, 2019). Average value of remittances per person for emigration in South Korea in 2018, by country (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1079403/south-korea-average-value-of-remittances-per-person-for-emigration/
Hana Bank. "Average value of remittances per person for emigration in South Korea in 2018, by country (in 1,000 U.S. dollars)." Chart. July 5, 2019. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1079403/south-korea-average-value-of-remittances-per-person-for-emigration/
Hana Bank. (2019). Average value of remittances per person for emigration in South Korea in 2018, by country (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1079403/south-korea-average-value-of-remittances-per-person-for-emigration/
Hana Bank. "Average Value of Remittances per Person for Emigration in South Korea in 2018, by Country (in 1,000 U.S. Dollars)." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079403/south-korea-average-value-of-remittances-per-person-for-emigration/
Hana Bank, Average value of remittances per person for emigration in South Korea in 2018, by country (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1079403/south-korea-average-value-of-remittances-per-person-for-emigration/ (last visited November 04, 2024)
Average value of remittances per person for emigration in South Korea in 2018, by country (in 1,000 U.S. dollars) [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079403/south-korea-average-value-of-remittances-per-person-for-emigration/
