Norway vs Singapore: Remittance costs as a proportion of the amount remitted
Norway
3.5%
in 2025
Singapore
4.0%
in 2025
Norway rank
44th
Singapore rank
42nd
Remittance costs as a proportion of the amount remitted over time
- Norway
- Singapore
How they compare
Singapore currently reports 4.0% against 3.5% in Norway, a difference of 0.5%.
That makes Singapore's figure about 1.1 times Norway's.
The two have swapped places 3 times across 11 shared years of data; in 2011 it was Norway ahead.
Norway ranks 44th and Singapore ranks 42nd of 47 countries.
Norway has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Norway | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.1% | 4.6% | 3.5% | Norway |
| 2020s | 4.2% | 3.8% | 0.3% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance costs as a proportion of the amount remitted, Norway or Singapore?
- Singapore, at 4.0% against 3.5% in Norway as of 2025.
- What is the difference in remittance costs as a proportion of the amount remitted between Norway and Singapore?
- 0.5%, with Singapore ahead.
- How many years of comparable data are there for Norway and Singapore?
- 11 years are reported by both, from 2011 to 2025.
- How do Norway and Singapore rank globally for remittance costs as a proportion of the amount remitted?
- Norway ranks 44th 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.
Individual pages
About this data
Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).