⚠️ Unconfirmedeconomic2024
Remittance costs — average cost to send US$200 (SDG 10.c.1, % of amount sent)
Average cost to send US$200 in remittances by country (SDG 10.c.1). Shows fees as a % of the amount sent, latest 2019–2024.
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Key Insights
Global Average
7.4%
Median: 6.9%
Countries Covered
178
with available data
Highest
Yemen
12.9%
Lowest
Pakistan
4.6%
Top 5 Countries
1Yemen12.9%
2South Sudan12.8%
3Democratic Republic of the Congo12.7%
4Burundi12.4%
5Rwanda12.3%
By Region
Other8.4%(99 countries)
Africa8.2%(9 countries)
Asia6.3%(25 countries)
Oceania6.1%(2 countries)
North America6.0%(4 countries)
Key Findings
- •Remittance fees remain far above the SDG target of 3% in many low-income and fragile states.
- •Countries with stronger digital payment ecosystems and greater provider competition tend to have lower costs.
- •High costs are often concentrated in corridors with low transaction volumes or limited financial-sector competition.
- •Even a 2–3 percentage-point reduction can materially increase household income in remittance-dependent economies.
Country Rankings
Top 10 Countries
Bottom 10 Countries
Data Analysis
Value Distribution
How countries are distributed across the value range
Low (2.0%)High (14.5%)
Regional Comparison
Average values by world region (Global avg: 7.4%)
Other (99)
Africa (9)
Asia (25)
Oceania (2)
North America (4)
South America (7)
Europe (32)
About This Statistic
This statistic tracks the average cost of sending US$200 in international remittances, expressed as a percentage of the amount sent (SDG indicator 10.c.1). It captures total costs paid by the sender (fees plus the exchange-rate margin where measured), averaged across major remittance corridors and providers in each receiving country.
It matters because remittances are a major income source for many households; even a few percentage points in fees can translate into substantial losses for families. Countries with limited competition among money transfer operators, weak digital payment rails, capital controls, or low transaction volumes often face higher costs.
Full Data
| Rank ↑ | Country ↕ | Value ↕ |
|---|---|---|
| 1 | Yemen | 12.9% |
| 2 | South Sudan | 12.8% |
| 3 | Democratic Republic of the Congo | 12.7% |
| 4 | Burundi | 12.4% |
| 5 | Rwanda | 12.3% |
| 6 | Comoros | 11.9% |
| 7 | Somalia | 11.8% |
| 8 | North Korea | 11.5% |
| 9 | Chad | 11.3% |
| 10 | Republic of The Gambia | 10.9% |
| 11 | Malawi | 10.9% |
| 12 | Republic of the Congo | 10.8% |
| 13 | Haiti | 10.8% |
| 14 | Lesotho | 10.7% |
| 15 | Eritrea | 10.6% |
| 16 | Mauritania | 10.6% |
| 17 | Angola | 10.5% |
| 18 | Sudan | 10.4% |
| 19 | Gabon | 10.2% |
| 20 | Togo | 10.2% |
| 21 | Liberia | 10.1% |
| 22 | Niger | 10.1% |
| 23 | New Caledonia | 10.0% |
| 24 | Guinea-Bissau | 10.0% |
| 25 | Zambia | 10.0% |
| 26 | Syrian Arab Republic | 9.9% |
| 27 | Djibouti | 9.8% |
| 28 | Sierra Leone | 9.8% |
| 29 | Cameroon | 9.7% |
| 30 | Seychelles | 9.7% |
| 31 | Guinea | 9.6% |
| 32 | Burkina Faso | 9.6% |
| 33 | Timor-Leste | 9.5% |
| 34 | Mali | 9.4% |
| 35 | Eswatini | 9.4% |
| 36 | Vanuatu | 9.3% |
| 37 | United Republic of Tanzania | 9.3% |
| 38 | Libya | 9.2% |
| 39 | Mozambique | 9.2% |
| 40 | Zimbabwe | 9.2% |
| 41 | Cayman Islands | 9.1% |
| 42 | Ghana | 9.1% |
| 43 | Cote d'Ivoire | 9.0% |
| 44 | Senegal | 9.0% |
| 45 | Uganda | 9.0% |
| 46 | Ethiopia | 8.9% |
| 47 | Papua New Guinea | 8.9% |
| 48 | Nigeria | 8.8% |
| 49 | Brunei Darussalam | 8.8% |
| 50 | Guyana | 8.7% |
| 51 | Kenya | 8.7% |
| 52 | Namibia | 8.7% |
| 53 | Central African Republic | 8.5% |
| 54 | Jamaica | 8.4% |
| 55 | Fiji | 8.3% |
| 56 | Madagascar | 8.2% |
| 57 | Bolivia | 8.2% |
| 58 | Suriname | 8.1% |
| 59 | Venezuela | 8.0% |
| 60 | Solomon Islands | 7.9% |
| 61 | Iraq | 7.8% |
| 62 | Saint Kitts and Nevis | 7.8% |
| 63 | Barbados | 7.8% |
| 64 | El Salvador | 7.6% |
| 65 | Panama | 7.6% |
| 66 | Tajikistan | 7.6% |
| 67 | Lebanon | 7.5% |
| 68 | Saint Lucia | 7.5% |
| 69 | Islamic Republic of Iran | 7.4% |
| 70 | Turkmenistan | 7.4% |
| 71 | Algeria | 7.4% |
| 72 | Mayotte | 7.3% |
| 73 | Honduras | 7.3% |
| 74 | State of Palestine | 7.2% |
| 75 | Nicaragua | 7.2% |
| 76 | Saint Vincent and the Grenadines | 7.2% |
| 77 | Lao People's Democratic Republic | 7.1% |
| 78 | Egypt | 7.1% |
| 79 | Afghanistan | 7.1% |
| 80 | Guatemala | 7.0% |
| 81 | Mauritius | 7.0% |
| 82 | Mongolia | 7.0% |
| 83 | Trinidad and Tobago | 7.0% |
| 84 | Belarus | 6.9% |
| 85 | Cyprus | 6.9% |
| 86 | Ecuador | 6.9% |
| 87 | Kuwait | 6.9% |
| 88 | Paraguay | 6.9% |
| 89 | South Africa | 6.9% |
| 90 | Bhutan | 6.9% |
| 91 | Benin | 6.8% |
| 92 | Kazakhstan | 6.8% |
| 93 | Tunisia | 6.8% |
| 94 | Kyrgyzstan | 6.7% |
| 95 | Moldova, Republic of | 6.7% |
| 96 | Bosnia and Herzegovina | 6.7% |
| 97 | Cape Verde | 6.6% |
| 98 | Georgia | 6.6% |
| 99 | Aruba | 6.6% |
| 100 | Qatar | 6.6% |
| 101 | Uzbekistan | 6.6% |
| 102 | Armenia | 6.6% |
| 103 | Dominican Republic | 6.5% |
| 104 | Jordan | 6.5% |
| 105 | Belize | 6.5% |
| 106 | Cambodia | 6.4% |
| 107 | Israel | 6.4% |
| 108 | Morocco | 6.4% |
| 109 | Oman | 6.4% |
| 110 | Montenegro | 6.3% |
| 111 | Russian Federation | 6.3% |
| 112 | Ukraine | 6.3% |
| 113 | Costa Rica | 6.2% |
| 114 | Curaçao | 6.2% |
| 115 | New Zealand | 6.2% |
| 116 | Türkiye | 6.2% |
| 117 | Albania | 6.2% |
| 118 | United Arab Emirates | 6.1% |
| 119 | The Republic of North Macedonia | 6.1% |
| 120 | Botswana | 6.1% |
| 121 | Myanmar | 6.0% |
| 122 | Cuba | 6.0% |
| 123 | Monaco | 6.0% |
| 124 | Saudi Arabia | 6.0% |
| 125 | Serbia | 6.0% |
| 126 | Australia | 6.0% |
| 127 | Greece | 5.9% |
| 128 | United States of America | 5.9% |
| 129 | Canada | 5.8% |
| 130 | Portugal | 5.8% |
| 131 | Slovakia | 5.8% |
| 132 | People's Republic of China | 5.7% |
| 133 | France | 5.7% |
| 134 | Romania | 5.7% |
| 135 | Vietnam | 5.7% |
| 136 | Spain | 5.7% |
| 137 | Uruguay | 5.7% |
| 138 | Sri Lanka | 5.6% |
| 139 | Czech Republic | 5.6% |
| 140 | Hungary | 5.6% |
| 141 | Ireland | 5.6% |
| 142 | Italy | 5.6% |
| 143 | Latvia | 5.6% |
| 144 | Peru | 5.6% |
| 145 | Poland | 5.6% |
| 146 | Slovenia | 5.6% |
| 147 | United Kingdom | 5.6% |
| 148 | Argentina | 5.6% |
| 149 | Colombia | 5.5% |
| 150 | Estonia | 5.5% |
| 151 | South Korea | 5.5% |
| 152 | Lithuania | 5.5% |
| 153 | Croatia | 5.4% |
| 154 | Germany | 5.4% |
| 155 | Japan | 5.4% |
| 156 | Malaysia | 5.4% |
| 157 | Singapore | 5.4% |
| 158 | Switzerland | 5.4% |
| 159 | Thailand | 5.4% |
| 160 | Belgium | 5.4% |
| 161 | Luxembourg | 5.3% |
| 162 | Netherlands | 5.3% |
| 163 | Philippines | 5.3% |
| 164 | Austria | 5.3% |
| 165 | Brazil | 5.3% |
| 166 | Finland | 5.2% |
| 167 | Indonesia | 5.2% |
| 168 | Mexico | 5.2% |
| 169 | Sweden | 5.2% |
| 170 | Chile | 5.1% |
| 171 | Denmark | 5.1% |
| 172 | Bangladesh | 5.1% |
| 173 | Bulgaria | 5.0% |
| 174 | Iceland | 5.0% |
| 175 | Nepal | 5.0% |
| 176 | Norway | 5.0% |
| 177 | India | 4.9% |
| 178 | Pakistan | 4.6% |
Showing 178 of 178 countries
Topics
Data Source
This data comes from World Bank (2024).
View Original Source