South Korea - Value of Payment Transactions

Since 2014, South Korea Value of Payment Transactions rose 1.4% year on year. In 2019, the country was ranked number 8 among other countries in Value of Payment Transactions at $22,511.03 Billion. South Korea is overtaken by Netherlands, which was number 7 with $24,893.13 Billion and is followed by India with $17,937.99 Billion. China topped the ranking with $514,323.26 Billion in 2019, a growth of 5.8% versus 2018. United States, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +17.8% per year, while South Africa witnessed the worst performance at -24.1% per year.

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Date Billion US Dollars
2019 22,511.03
2018 22,135.05
2017 21,751.39
2016 21,214.37
2015 21,393.80
Download all data from 2007 to 2019

How does South Korea rank in Value of Payment Transactions?

# 22 Countries Billion US Dollars Last YoY 5‑years CAGR
1 #1
China
514,323.26 2019 +5.8 % +17.8 % View data
2 #2
United States
190,913.15 2019 +1.0 % +1.9 % View data
7 #7
Netherlands
24,893.13 2019 +3.9 % +1.2 % View data
8 #8
South Korea
22,511.03 2019 +1.7 % +1.4 % View data
9 #9
India
17,937.99 2019 +0.9 % +3.3 % View data
Compare all 22 countries

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