In 2020, sending remittances to Morocco incurred costs reaching 5.9 percent of the amount sent, on average. Since 2011, the highest cost was registered in 2012, when 9.9 percent of the transferred sum was charged.
Average cost of sending 200 U.S. dollars in remittances to Morocco from 2011 to 2020
According to the source, all data shown are the World Bank’s calculations based on data from IMF Balance of Payments Statistics database and data releases from central banks, national statistical agencies, and World Bank country desks. Trends over time are not directly comparable due to changes in measurement. Also, the data often do not include remittances sent by migrants via money transfer operators (i.e. Western Union) or informal transfers (i.e. friends, relatives).
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International Organization for Migration. (June 1, 2021). Average cost of sending 200 U.S. dollars in remittances to Morocco from 2011 to 2020 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1268989/cost-of-receiving-remittances-to-morocco/
International Organization for Migration. "Average cost of sending 200 U.S. dollars in remittances to Morocco from 2011 to 2020." Chart. June 1, 2021. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1268989/cost-of-receiving-remittances-to-morocco/
International Organization for Migration. (2021). Average cost of sending 200 U.S. dollars in remittances to Morocco from 2011 to 2020. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1268989/cost-of-receiving-remittances-to-morocco/
International Organization for Migration. "Average Cost of Sending 200 U.S. Dollars in Remittances to Morocco from 2011 to 2020." Statista, Statista Inc., 1 Jun 2021, https://www.statista.com/statistics/1268989/cost-of-receiving-remittances-to-morocco/
International Organization for Migration, Average cost of sending 200 U.S. dollars in remittances to Morocco from 2011 to 2020 Statista, https://www.statista.com/statistics/1268989/cost-of-receiving-remittances-to-morocco/ (last visited November 05, 2024)
Average cost of sending 200 U.S. dollars in remittances to Morocco from 2011 to 2020 [Graph], International Organization for Migration, June 1, 2021. [Online]. Available: https://www.statista.com/statistics/1268989/cost-of-receiving-remittances-to-morocco/
