Remittance corridor · World Bank RPW · 2025Q1

Italy → Ecuador

What it really costs to send money from Italy to Ecuador, with the cheapest provider on record and the gap to the UN's 3% target.

10.4%
Average cost
1.6%
Cheapest · Poste Italiane via Western Union
11
Providers tracked

The verdict

At 10.4%, this corridor costs more than most, only 10% of tracked corridors are pricier, but the cheapest provider charges just 1.6% - switching saves about $17.76 on every $200 sent.

10.4%
average cost of a $200 transfer
+3.7pp
vs the 6.7% average of 322 corridors
+7.4pp
gap to the UN 3% target
$213/yr
saved by switching to the cheapest, 12 transfers

Compared against the 322 corridors we actually track, not a generic headline figure.

How Italy → Ecuador compares

Average cost of a $200 transfer, percent, lower is cheaper

Italy → Ecuador10.45%Cheapest provider1.57%322-corridor average6.71%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q1

SDG 10.c progress (target: 3%) 37.9%
Cheapest

10.45% average - 7.4pp above target

Cost trend: Italy → Ecuador

Average and cheapest cost of a $200 transfer over time, percent

-5%0%5%10%15% 2016Q22017Q32018Q42020Q12021Q22022Q32023Q42025Q1 10.5%1.57% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q1

Sending Country

Italy
Europe
8.31%
Avg outbound cost
$12.4B
Total remittances sent
All corridors from Italy →

Receiving Country

Ecuador
Latin America & Caribbean
6.97%
Avg inbound cost
$6.5B
Total remittances received
All corridors to Ecuador →

Nearby Corridors from Italy

Italy is one of the most connected sending markets in our data, with 18 tracked outbound corridors. The 5 below span the widest cost range, from the cheapest to send anywhere from Italy through to the most expensive.

# Destination Avg costCheapest
1 Kosovo 2.2% N/A
2 India 3.9% 0.5%
3 Philippines 5.1% 0.6%
4 Romania 5.1% 1.3%
5 Ukraine 10.8% 0.7%

What the Italy → Ecuador Data Tells Us

Sending money from Italy to Ecuador currently costs an average of 10.45% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 3.7 percentage points above the 6.7% average of the 322 corridors we track, though still below the World Bank's reported global average of about 6.4%.

On the cheapest end of the market, Poste Italiane via Western Union delivers this corridor at 1.57% - the floor price a Italy-based sender can realistically access today. The full panel includes 11 tracked providers.

Annual corridor volume is not separately reported for this route in the current release, but reducing transfer costs on any route translates directly into more money reaching recipient households. Costs on this route have risen sharply, up 3.10 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way.

Across the 36 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 3.6% to 10.4%, and 0 of those 36 quarters (0%) met the UN SDG 3% target outright.

Frequently Asked Questions

How much does it cost to send money from Italy to Ecuador?

The average cost to send money from Italy to Ecuador is 10.45% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 1.57% via Poste Italiane via Western Union. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.

What is the cheapest way to send money from Italy to Ecuador?

Based on World Bank RPW data, the cheapest service for the Italy to Ecuador corridor charges 1.57% - currently Poste Italiane via Western Union. A total of 11 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.

Is the Italy to Ecuador corridor meeting the UN SDG cost target?

Not yet. At 10.4%, this corridor sits 7.4 percentage points above the UN SDG 10.c target of 3% or below by 2030.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)

Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.