Canada vs Euro area: Personal remittances, paid
Personal remittances, paid over time
- Canada
- Euro area
How they compare
Euro area currently reports 111.34 billion current US$ against 15.12 billion current US$ in Canada, a difference of 96.23 billion current US$.
That makes Euro area's figure about 7.4 times Canada's.
Across all 36 years both countries report, Euro area has been ahead every year.
Canada ranks 10th and Euro area ranks 2nd of 195 countries.
Euro area has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Euro area | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.36 billion current US$ | 24.13 billion current US$ | 22.77 billion current US$ | Euro area |
| 2000s | 3.09 billion current US$ | 49.50 billion current US$ | 46.41 billion current US$ | Euro area |
| 2010s | 6.13 billion current US$ | 84.82 billion current US$ | 78.69 billion current US$ | Euro area |
| 2020s | 11.67 billion current US$ | 113.51 billion current US$ | 101.84 billion current US$ | Euro area |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Canada or Euro area?
- Euro area, at 111.34 billion current US$ against 15.12 billion current US$ in Canada as of 2025.
- What is the difference in personal remittances, paid between Canada and Euro area?
- 96.23 billion current US$, with Euro area ahead.
- How many years of comparable data are there for Canada and Euro area?
- 36 years are reported by both, from 1990 to 2025.
- How do Canada and Euro area rank globally for personal remittances, paid?
- Canada ranks 10th and Euro area ranks 2nd of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.