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Latest figures

Average transaction cost of sending remittances to a specific country

Average transaction cost of sending remittance to a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database to a specific country.

Latest, 20232.56%Annual release · Not updated
vs 2022−0.2 pp2.79%
High since 20165.53%2017 · World Bank
Low since 20162.56%2023 · World Bank

Over time

2016 - 2023

Recent years

  1. 20232.56%−0.2 pp
  2. 20222.79%−0.6 pp
  3. 20213.41%+0.2 pp
  4. 20203.22%+0.1 pp
  5. 20193.15%−0.4 pp
  6. 20183.54%−2.0 pp
  7. 20175.53%+0.2 pp
  8. 20165.34%