Remittance corridor · World Bank RPW · 2025Q3

Sweden → India

Average cost sits in the upper fleet tercile at 7.3% on this Sweden → India route - senders pay more than typical RPW-tracked corridors.

7.3%
Average cost
0.7%
Cheapest · Skrill
9
Providers tracked

How the 7.3% average cost breaks down

World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2025Q3 figures as the detail table below.

Corridor-cost tercile vs fleet

Sweden → India posts 7.3% average cost, above the fleet upper tercile (~6.6%), ranking #257 of 348. Cheapest tracked floor: 0.7% via Skrill.

#257 of 348
cheapest-cost corpus rank
7.3%
average cost of a $200 transfer
+0.0pp
vs the 7.3% average of 348 corridors
+4.3pp
gap to the UN 3% target

Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.

F
Corridor Value Score
37/100
Sweden to India

Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.

Cost F
7.29%
Average total cost, sending $200-equivalent
Speed F
1.1 days
Average delivery time, latest quarter
FX transparency C+
1.28%
Exchange-rate margin above the mid-market rate
Competition B-
9 providers
Number of providers actively quoting this corridor
Cost trend F
+0.80pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 6.49% to 7.29% (+0.80 percentage points).
  • Lowest observed transfer cost changed from 0.80% to 0.72% (-0.08 percentage points).
  • Providers recorded by the source changed from 8 to 9 (+1 provider).
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Where this corridor sits by provider panel size

Sweden → India has 9 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Sweden → India vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

9 138th of 377 higher than 239 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Sweden → India compares

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

Sweden → India7.29%Cheapest provider0.72%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q3

SDG 10.c progress (target: 3%) 64.3%
Cheapest

7.29% average - 4.3pp above target

Cost trend: Sweden → India

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

0%2%4%6%8%10% 2016Q22017Q32018Q42020Q12021Q22022Q32023Q42025Q12025Q3 7.29%0.72% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q3

Sending Country

Sweden
Europe & Central Asia
6.65%
Avg outbound cost
$4.2B
Total remittances sent
All corridors from Sweden →

Receiving Country

India
South Asia
5.45%
Avg inbound cost
$150.7B
Total remittances received
All corridors to India →

Nearby Corridors from Sweden

Sweden's outbound coverage in our data is limited to a handful of corridors; here is how the others compare.

#DestinationAvg costCheapest
1Lebanon5.3%3.6%
2Somalia6.8%5.8%
3China7.2%2.6%

World Bank RPW fee spread

Release 2025Q3 SE→IN

7.3% avg · 0.7% floor · 6.57pp spread on $200

  • AVG 7.3%
  • CHEAP 0.7%
  • SPREAD 6.57pp
  • SDG +4.3pp
  • RANK #257 of 348
  • REL 2025Q3
  • PANEL 9
Canada→Ghana7.23%France→Morocco7.39%Germany→Hungary7.18%Sweden→India (this)7.29%
Cross-sender corridors nearest Sweden → India by average RPW cost (2025Q3)

Fee spread manifest for Sweden → India: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

High transfer cost on Sweden → India

World Bank RPW prices Sweden → India at 7.29% (2025Q3) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 0.9 pp above the ~6.4% global average.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 9 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs here have crept up 0.80 percentage points over the tracked period, bucking the wider trend toward cheaper transfers seen on most corridors. Across 37 quarters on record, average cost ranged 4.7%–8.9%, with 0 quarters at or under the UN 3% target. It sits 4.3 pp above the UN SDG 10.c 3% target.

About Sweden → India data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 7.29%; cheapest observed 0.72% via Skrill; 9 providers tracked across 37 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from Sweden to India?

Average 7.29% of the transfer amount (World Bank RPW, 2025Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 0.72% via Skrill.

What is the cheapest way to send money from Sweden to India?

Lowest RPW survey quote: 0.72% (Skrill). Panel is high-tercile with 9 providers tracked.

Is the Sweden to India corridor meeting the UN SDG cost target?

Not yet: 7.3% is 4.3pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Where does Sweden → India sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Sweden → India ranks #257 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.