India vs Singapore: Remittance costs as a proportion of the amount remitted

India
4.2%
in 2025
Singapore
4.0%
in 2025
India rank
40th
Singapore rank
42nd

Remittance costs as a proportion of the amount remitted over time

  • India
  • Singapore
0246201120182025

How they compare

India currently reports 4.2% against 4.0% in Singapore, a difference of 0.2%.

The two have swapped places 1 time across 7 shared years of data; in 2017 it was Singapore ahead.

India ranks 40th and Singapore ranks 42nd of 47 countries.

Across the 2 decades both report, India averaged higher in 1 and Singapore in 1.

Head to head by decade

Decade India Singapore Difference Ahead
2010s 3.0% 4.5% 1.5% Singapore
2020s 5.2% 3.8% 1.3% India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher remittance costs as a proportion of the amount remitted, India or Singapore?
India, at 4.2% against 4.0% in Singapore as of 2025.
What is the difference in remittance costs as a proportion of the amount remitted between India and Singapore?
0.2%, with India ahead.
How many years of comparable data are there for India and Singapore?
7 years are reported by both, from 2017 to 2025.
How do India and Singapore rank globally for remittance costs as a proportion of the amount remitted?
India ranks 40th and Singapore ranks 42nd of 47 countries.
Where does this data come from?
World Bank – processed by Our World in Data, published as Remittance costs as a proportion of the amount remitted. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Singapore: Remittance costs as a proportion of the amount remitted. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/remittance-costs-as-share-of-amount-remitted/india/singapore/

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About this data

Indicator
Remittance costs as a proportion of the amount remitted
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 475 data points, 2011–2025
Last refreshed

Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).