Sending money to relatives or friends living abroad

Release date: April 17, 2019
Sending money to relatives or friends living abroad
Description: Sending money to relatives or friends living abroad

Sending money to relatives or friends living abroad

Highlights from the 2018 Study on International Money Transfers

$5.2 billion sent abroad in 2017Footnote 1

Destination region and total amount sent in 2017 (in $ million)
Destination region Total amount sent in 2017 (in $ million)
Americas 582
Eastern Europe and Southern Europe 108
Sub-Saharan Africa 501
Northern Africa 147
West Central Asia and the Middle East 190
Eastern Asia 293
Southeast Asia and Oceania 1,419
Southern Asia 1,165
Non ODA-eligible countries 761

Money transfer method used last time in 2017

Money transfer method and associated percentage from 2017
Method Percentage
Money transfer store 56
Hand-carry method 10
Banking in person 9
Money transfer store online 8
Banking online 5
Another type of store 5
Other 3
 Currency exchange store 2
Another service provider online 1
Informal network 1

Top 10 destination countries

Top 10 destination countries for money transfers and total amount sent in 2017 (in millions of $)
Countries Total amount sent in 2017 (in $ millions)
Philippines 1,180
India 794
United States 390
China 292
Pakistan 236
Jamaica 96
Haiti 86
Nigeria 70
Thailand 66
Australia 66
Fee paid last time as a percentage of the amount sent, by amount remitted, amount sent last time in 2017
  $0-200 $200-999 $1,000+
Banking in person 11 6 2
Banking online 7 4 1
Money transfer store 10 4 2
Money transfer store online 8 3 1
Currency exchange store 11 3 1

Source: Statistics Canada, Study on International money transfers, 2018.

Report a problem on this page

Is something not working? Is there information outdated? Can't find what you're looking for?

Please contact us and let us know how we can help you.

Privacy notice

Date modified: