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flag South Korean overseas card spending hits $21.72B in 2024, up 13% from 2023.

flag South Korean residents hit a record in overseas card spending in 2024, reaching $21.72 billion, up 13% from the previous year. flag This surge was fueled by a 26.3% rise in outbound travelers to 28.69 million and a 14% increase in online overseas purchases to $5.83 billion. flag Despite the overall growth, average spending per card dropped slightly to $300, while the number of cards used overseas increased by 14% to 72.49 million.

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