Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How much money is sent to Australia from the US?

In 2017, Australia received almost $289.45M in remittances from the US.

United States sent about $289.45M in remittances to Australia in 2017. In 2019, remittances made up about 0.13% of Australia’s GDP, according to data from the World Bank Group. When sending money from United States to Australia, you’ll often find the best deal by shopping around and comparing as many money transfer providers as possible.

Remittance to Australia by the numbers

Data on remittances includes transfers sent through money transfer services, banks and similar services. Examples of these types of providers can be found in our money transfer comparison table.

Top 5 countries that send money to Australia

This table uses World Bank Group data from 2017.
Country Amount sent
United Kingdom $445.82M
the US $289.45M
New Zealand $248.22M
Canada $97.85M
Italy $84.38M

Top 5 countries that Australia sends money to

This table uses World Bank Group data from 2017.
Country Amount received
China $2,921.83M
India $1,943.85M
Vietnam $1,182.06M
United Kingdom $1,084.07M
Philippines $1,002.36M

Remittances to and from Australia by year

As global and domestic circumstances change, many countries find their incoming and outgoing remittances shifting year by year. Use our table and graph to get an idea of whether remittances to Australia are trending up or down, based on data from at least the last decade.

Australia’s outgoing remittances from 2009 to 2018

This table uses World Bank Group data from 2018.
Year Australia outgoing remittances (in millions)
2009 $50,723.00M
2010 $50,776.00M
2011 $50,556.00M
2012 $52,652.00M
2013 $55,669.00M
2014 $58,882.00M
2015 $61,859.00M
2016 $64,705.00M
2017 $67,390.00M
2018 $68,472.00M

Australia's incoming remittances from 2010 to 2019

This table uses World Bank Group data from 2019.
Year Australia incoming remittances (in millions)
2010 $5,930.00M
2011 $6,104.00M
2012 $6,303.00M
2013 $6,613.00M
2014 $6,503.00M
2015 $6,578.00M
2016 $6,330.00M
2017 $6,126.00M
2018 $6,668.00M
2019 $6,881.38M

Send money to Australia with top providers

Enter the amount you want to send and select Calculate to compare minimums, fees and turnaround for top digital money specialists..

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$1,000 1 day N/A N/A N/A OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies. Go to site Show details
GBP 1,000 1 - 2 days N/A N/A N/A Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Go to site Show details
USD 1 Same day N/A N/A N/A XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
$2,000 1 day N/A N/A N/A CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates. Go to site Show details
$10 Within an hour N/A N/A N/A Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
$1 1 - 2 days N/A N/A N/A Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 10,000 1 - 2 days N/A N/A N/A Dunbridge Financial offers diverse transfer options to more than 120 countries. Powered by Currencycloud. Go to site Show details
$1 Within an hour N/A N/A N/A MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide. Go to site Show details
$1 3 - 5 days N/A N/A N/A Western Union sends money online to friends and family in 200+ countries around the world. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Bottom line

Global economies shift over time, so the country that might be the largest remittance sender to Australia this year may not be the largest next year. If you’re looking to send money to loved ones or businesses in Australia, compare your options to save both money and time.
Source: World Bank Migrations and Remittances Data, November 2017

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site