Quarterly market share of outgoing remittance brands in Germany 2011-2023
Small World was used the most for outgoing remittances from Germany in 2023, one of the few cases where Western Union, MoneyGram or Remitly were not leading. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Germany. The three countries to which Germany sends the highest value of remittances are Poland, Czechia, and France. Remittances are a relatively uncharted topic, though. While figures exist on the total traffic between individual countries ("corridors"), exact numbers on how much of this comes from banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.) is typically not known. All figures on remittances are therefore estimates.