Quarterly market share of outgoing remittance brands in Sweden 2015-2023
Western Union was used the most for outgoing remittances from Sweden in 2023, although its market share decline over the course of the year. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Sweden. The three countries to which Sweden sends the highest value of remittances are Finland, Thailand, and Germany. 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.