Top reasons for remittances by people in their 40s in South Korea 2018, by number

According to an analysis of remittances in South Korea in 2018, an average South Korean in 40s sent or received remittances around 9.2 times to pay import fees to customs services. This was almost twice as often as the second top reason, the travel expenses of overseas residents.

Leading reasons for remittances by people in their 40s in South Korea in 2018, by number of remittances

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Source

Release date

July 2019

Region

South Korea

Survey time period

2018

Special properties

based on customer transaction data using Hana Bank

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Statistics on "Inter-Korean relations and issues"

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