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United States sent about $148.86M in remittances to Switzerland in 2017. In 2019, remittances made up about 0.35% of Switzerland’s GDP, according to data from the World Bank Group.
When sending money from United States to Switzerland, you’ll often find the best deal by shopping around and comparing as many money transfer providers as possible.
Remittance to Switzerland 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 Switzerland
This table uses World Bank Group data from 2017.
Country
Amount sent
Italy
$792.49M
France
$363.35M
Spain
$238.72M
Germany
$228.77M
the US
$148.86M
Top 5 countries that Switzerland sends money to
This table uses World Bank Group data from 2017.
Country
Amount received
France
$1,995.83M
Germany
$1,480.44M
Italy
$850.78M
Spain
$558.78M
Portugal
$498.65M
Remittances to and from Switzerland 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 Switzerland are trending up or down, based on data from at least the last decade.
Switzerland’s outgoing remittances from 2009 to 2018
This table uses World Bank Group data from 2018.
Year
Switzerland 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
Switzerland's incoming remittances from 2010 to 2019
This table uses World Bank Group data from 2019.
Year
Switzerland 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 Switzerland with top providers
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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 Switzerland this year may not be the largest next year. If you’re looking to send money to loved ones or businesses in Switzerland, compare your options to save both money and time.
Source: World Bank Migrations and Remittances Data, November 2017
Raphael Martins is a producer at Finder who analyzes and brings data to life for our readers. Working toward a degree in computer engineering and with several IT-related courses under his belt, Raph loves to create tools that make our pages richer and more helpful to making financial decisions. When he's not working, he's still a geek on the lookout for new TV shows, music or something to read to get his imagination going.
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