Malaysia vs Singapore: Remittance costs as share of amount remitted
Malaysia
3.82
in 2021
Singapore
3.68
in 2021
Malaysia rank
38th
Singapore rank
39th
Remittance costs as share of amount remitted over time
- Malaysia
- Singapore
How they compare
Malaysia currently reports 3.82 against 3.68 in Singapore, a difference of 0.14.
The two have swapped places 4 times across 7 shared years of data; in 2011 it was Malaysia ahead.
Malaysia ranks 38th and Singapore ranks 39th of 46 countries.
Malaysia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Malaysia | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.84 | 4.65 | 0.196 | Malaysia |
| 2020s | 4 | 3.5 | 0.505 | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance costs as share of amount remitted, Malaysia or Singapore?
- Malaysia, at 3.82 against 3.68 in Singapore as of 2021.
- What is the difference in remittance costs as share of amount remitted between Malaysia and Singapore?
- 0.14, with Malaysia ahead.
- How many years of comparable data are there for Malaysia and Singapore?
- 7 years are reported by both, from 2011 to 2021.
- How do Malaysia and Singapore rank globally for remittance costs as share of amount remitted?
- Malaysia ranks 38th and Singapore ranks 39th of 46 countries.
- Where does this data come from?
- Our World in Data, published as Remittance costs as share of amount remitted. Statizoid refreshes it automatically from the source and publishes the full history for both places.