Quarterly market share of outgoing digital remittances in Italy 2016-2023
The share of digital remittances leaving Italy was slightly higher in 2023 than in previous years, taking up the majority of money transfers. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Italy. The three countries Italy sends the highest value of remittances include Romania, France, Morocco. 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.