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 | |