Average transaction cost of sending remittances to a specific country (%)
DemographicsWB WDIwb_wdi:SI.RMT.COST.IB.ZS•nan•2016 → 2023•104 countries
Series quick facts
High-level context for this country series.
DemographicsWB WDI
Coverage
104
Frequency
yearly
Range
2016 \u2192 2023
Latest
2023
Average transaction cost of sending remittances to a specific country (%) by country
Latest available value per country (as of 2023)
Low \u2192 High
Unit: %
≤ 1.75%
1.75% – 2.28%
2.28% – 2.83%
2.83% – 3.66%
3.66% – 5.09%
5.09% – 7.93%
> 7.93%
No data
Generated by MacroVedia.comSource: World Bank (WB WDI)
Highest 15 countries
Average transaction cost of sending remittances to a specific country (%)
104 countries with data
Generated by MacroVedia.comSource: World Bank (WB WDI)
Distribution across countries
Average transaction cost of sending remittances to a specific country (%)
Countries
104
Median
3.4%
Mean
3.8%
25th pctl
2.1%
75th pctl
5.5%
Generated by MacroVedia.comSource: World Bank (WB WDI)
Compare trends
Average transaction cost of sending remittances to a specific country (%)
AngolaSierra LeoneTajikistan
Generated by MacroVedia.comSource: World Bank (WB WDI)
| Country | Latest | Date | Trend |
|---|---|---|---|
| CubaCUB | 19.63% | 2023 | |
| BeninBEN | 17.35% | 2020 | |
| AngolaAGO | 12.78% | 2023 | |
| Syrian Arab RepublicSYR | 10.71% | 2016 | — |
| Sierra LeoneSLE | 10.34% | 2023 | |
| TajikistanTJK | 10.33% | 2023 | |
| VanuatuVUT | 9.49% | 2023 | |
| EritreaERI | 9.16% | 2023 | |
| SurinameSUR | 9.08% | 2016 | — |
| AfghanistanAFG | 9.02% | 2023 | |
| UgandaUGA | 8.86% | 2023 | |
| MadagascarMDG | 8.42% | 2022 | |
| BotswanaBWA | 8.41% | 2023 | |
| ZambiaZMB | 8.13% | 2023 | |
| Congo, Dem. Rep.COD | 7.96% | 2022 | |
| GuyanaGUY | 7.93% | 2023 | |
| AlgeriaDZA | 7.83% | 2023 | |
| BangladeshBGD | 7.65% | 2023 | |
| Gambia, TheGMB | 6.76% | 2023 | |
| Cabo VerdeCPV | 6.74% | 2022 | |
| South SudanSSD | 6.47% | 2023 | |
| MozambiqueMOZ | 6.46% | 2022 | |
| Somalia, Fed. Rep.SOM | 6.01% | 2023 | |
| RwandaRWA | 5.76% | 2023 | |
| AlbaniaALB | 5.6% | 2023 | |
| TunisiaTUN | 5.54% | 2023 | |
| EstoniaEST | 5.5% | 2020 | |
| TanzaniaTZA | 5.3% | 2023 | |
| LebanonLBN | 5.28% | 2023 | |
| ZimbabweZWE | 5.26% | 2023 | |
| Lao PDRLAO | 4.87% | 2023 | |
| HaitiHTI | 4.7% | 2023 | |
| ParaguayPRY | 4.66% | 2023 | |
| NigeriaNGA | 4.64% | 2023 | |
| SamoaWSM | 4.59% | 2023 | |
| South AfricaZAF | 4.55% | 2023 | |
| ArmeniaARM | 4.36% | 2023 | |
| CambodiaKHM | 4.31% | 2022 | |
| Kyrgyz RepublicKGZ | 4.22% | 2023 | |
| MoroccoMAR | 4.17% | 2023 | |
| TongaTON | 4.1% | 2023 | |
| MyanmarMMR | 4.04% | 2023 | |
| Bosnia and HerzegovinaBIH | 3.86% | 2023 | |
| KenyaKEN | 3.86% | 2023 | |
| LatviaLVA | 3.67% | 2020 | |
| MoldovaMDA | 3.6% | 2022 | |
| JamaicaJAM | 3.59% | 2023 | |
| PeruPER | 3.57% | 2023 | |
| BulgariaBGR | 3.46% | 2023 | |
| Viet NamVNM | 3.46% | 2023 | |
| BoliviaBOL | 3.45% | 2023 | |
| KosovoXKX | 3.42% | 2023 | |
| EthiopiaETH | 3.41% | 2023 | |
| JordanJOR | 3.35% | 2023 | |
| Egypt, Arab Rep.EGY | 3.3% | 2023 | |
| FijiFJI | 3.22% | 2023 | |
| CameroonCMR | 3.02% | 2023 | |
| ComorosCOM | 2.94% | 2022 | |
| LiberiaLBR | 2.83% | 2023 | |
| ChinaCHN | 2.83% | 2023 | |
| Yemen, Rep.YEM | 2.81% | 2023 | |
| SudanSDN | 2.67% | 2016 | — |
| MexicoMEX | 2.65% | 2023 | |
| HondurasHND | 2.62% | 2023 | |
| GuatemalaGTM | 2.56% | 2023 | |
| NepalNPL | 2.53% | 2023 | |
| Dominican RepublicDOM | 2.52% | 2023 | |
| PanamaPAN | 2.49% | 2023 | |
| IndonesiaIDN | 2.44% | 2023 | |
| ColombiaCOL | 2.43% | 2023 | |
| BrazilBRA | 2.42% | 2023 | |
| TurkiyeTUR | 2.34% | 2023 | |
| NicaraguaNIC | 2.33% | 2023 | |
| EcuadorECU | 2.3% | 2023 | |
| Costa RicaCRI | 2.26% | 2023 | |
| Sri LankaLKA | 2.19% | 2023 | |
| PakistanPAK | 2.14% | 2023 | |
| North MacedoniaMKD | 2.11% | 2023 | |
| UzbekistanUZB | 2.09% | 2021 | |
| TogoTGO | 2.06% | 2023 | |
| ThailandTHA | 2.02% | 2023 | |
| GhanaGHA | 2.01% | 2023 | |
| El SalvadorSLV | 2% | 2023 | |
| West Bank and GazaPSE | 1.97% | 2023 | |
| SerbiaSRB | 1.94% | 2023 | |
| LesothoLSO | 1.82% | 2023 | |
| EswatiniSWZ | 1.82% | 2023 | |
| UkraineUKR | 1.77% | 2022 | |
| IndiaIND | 1.76% | 2023 | |
| MaliMLI | 1.73% | 2023 | |
| PhilippinesPHL | 1.67% | 2023 | |
| HungaryHUN | 1.61% | 2023 | |
| LithuaniaLTU | 1.4% | 2023 | |
| AzerbaijanAZE | 1.33% | 2021 | |
| SenegalSEN | 1.33% | 2022 | |
| BelarusBLR | 1.32% | 2021 | |
| KazakhstanKAZ | 1.17% | 2021 | |
| CroatiaHRV | 1.05% | 2022 | |
| MalaysiaMYS | 0.98% | 2023 | |
| PolandPOL | 0.87% | 2023 | |
| RomaniaROU | 0.87% | 2023 | |
| GeorgiaGEO | 0.85% | 2021 | |
| Cote d'IvoireCIV | 0.74% | 2023 | |
| MalawiMWI | -49.69% | 2023 |
Source: World Bank (WB WDI)