Quarterly market share of incoming digital remittances in Indonesia 2016-2023
The share of digital remittances entering Indonesia was slightly higher in 2023 than in previous years, but remained relatively small. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels originating from Australia. The three countries from which Indonesia receives the highest value of remittances include Saudi Arabia, Malaysia, and the United Arab Emirates. 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.