Sending country · World Bank RPW · AT

Send money from Austria

Outbound average cost sits in the lower fleet tercile at 4.6% across 6 destination corridors - a cheaper send market than most RPW peers.

4.6%
Avg outbound cost
0.0%
Cheapest · to Croatia
$10.8B
Sent per year
6
Destination corridors

Outbound-cost tercile vs fleet

Austria posts a 4.6% average outbound cost, below the fleet lower tercile (~5.5%) - across 6 destination corridors. Cheapest tracked floor: 0.0% to Croatia.

#15 of 34
WDI outflow corpus rank
4.6%
average outbound cost
0.0%
cheapest destination: Croatia
$10.8B
sent annually

Austria among sending countries: volume vs. cost

Austria sits at the 59th percentile for outbound volume among 34 tracked sending countries - the 30 largest senders plotted below by annual outflow and average cost, Austria highlighted.

Austria among the 30 largest sending countries by volume and average cost. 2×2 strategic matrix plotting 30 entities by Annual outflow ($B) (X) and Avg outbound cost (%) (Y), with a crosshair dividing the plot into four quadrants. Big & efficientSmall & cheapBig & still priceySmall & pricey $0B$50B$100B$150B 0%5%10%15%20% Annual outflow ($B) Avg outbound cost (%)
Austria among the 30 largest sending countries by volume and average cost.

Sending countries by volume and cost: United States, $107.1B annual outflow, 5.53% average cost. Saudi Arabia, $58.69B annual outflow, 6.09% average cost. Switzerland, $42.68B annual outflow, 6.94% average cost. Germany, $26.67B annual outflow, 4.96% average cost. France, $20.8B annual outflow, 7.31% average cost. Kuwait, $16.74B annual outflow, 3.54% average cost. Australia, $15.86B annual outflow, 7.38% average cost. Canada, $15.11B annual outflow, 5.77% average cost. South Korea, $14.31B annual outflow, 5.49% average cost. Italy, $13.91B annual outflow, 8.04% average cost. United Kingdom, $13.17B annual outflow, 5.08% average cost. India, $12.08B annual outflow, 6.32% average cost. Qatar, $12.06B annual outflow, 6.02% average cost. Belgium, $11.22B annual outflow, 3.13% average cost. Austria (this country), $10.81B annual outflow, 4.57% average cost. Thailand, $9.98B annual outflow, 11.87% average cost. Russia, $8.86B annual outflow, 3.03% average cost. Japan, $7.17B annual outflow, 10.69% average cost. Norway, $6.29B annual outflow, 3.66% average cost. Czech Republic, $5.96B annual outflow, 6.27% average cost. Poland, $5.6B annual outflow, 3.73% average cost. Sweden, $4.2B annual outflow, 6.65% average cost. Brazil, $1.86B annual outflow, 12.62% average cost. Israel, $1.62B annual outflow, 13.13% average cost. Ghana, $1.31B annual outflow, 13.29% average cost. Dominican Republic, $1.17B annual outflow, 7.68% average cost. New Zealand, $1.14B annual outflow, 8.39% average cost. South Africa, $1.13B annual outflow, 16.9% average cost. Spain, $0.79B annual outflow, 5.65% average cost. Chile, $0.69B annual outflow, 4.93% average cost.

Outbound cost bands from Austria

6 destination corridors counted once by recorded average cost on a $200 send. The four bands sum to 6.

NEAR Near-target 3–5% lane · country average 4.6%

All Corridors from Austria

#ToAvg costCheapestCheapest provider
1Croatia2.8%0.0%TransferGo
2Turkey3.9%0.5%TransferGo
3Kosovo4.4%0.0%TransferGo
4Hungary4.4%0.8%TransferGo
5Serbia5.3%3.6%Ria
6Bosnia and Herzegovina6.6%2.7%Western Union

Low outbound cost from Austria

World Bank RPW tracks 6 outbound corridors from Austria at an average 4.57% - below the fleet lower tercile (~5.5%). That places Austria among cheaper send markets on the panel, 1.8 pp under the ~6.4% global average.

The three cheapest outbound corridors from Austria right now are Croatia at 0.00% via TransferGo, Kosovo at 0.00% via TransferGo, Turkey at 0.54% via TransferGo. These are floor prices on a $200 transfer from Austria, fee plus FX margin.

For a sender in Austria, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.

About Austria outbound 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 country'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. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.

Average outbound cost 4.57%; 6 destination corridors tracked from Austria; vintage 2026-08-10.

Frequently Asked Questions

How much money does Austria send in remittances each year?

Austria sends about $10.8B a year to 6 RPW destination countries at 4.57% average outbound cost.

What are the cheapest countries to send money to from Austria?

On World Bank RPW $200 sends, the cheapest outbound floors from Austria are to Croatia, Kosovo, Turkey, as low as 0.00%. Country average outbound cost is 4.57% (lower fleet tercile).

How have remittance costs from Austria changed over time?

Austria's current average outbound cost is 4.57%, below the fleet lower tercile (~5.5%) and 1.8 pp under the ~6.4% global RPW average. RPW has tracked this send market since 2011.

How do I compare money transfer services?

To compare money transfer services from Austria, look at three factors: (1) total cost as a percentage of your transfer amount, including both the service fee and exchange rate margin, (2) delivery speed, and (3) payment and payout methods available in your destination country. World Bank RPW data, used here, standardizes costs as a percentage of a $200 transfer. Always verify current rates directly with providers before sending.

Where does Austria sit among remittance-sending countries?

According to World Bank WDI remittance outflows among 34 tracked sending countries on PlainRemit, Austria ranks #15 of 34 by annual dollars sent. /send-from browses alphabetically; this outflow ordinal is the analytical placement basis.

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.