In 2022, receiving 200 U.S. dollars in remittances from abroad in Ghana incurred an average cost reaching 6.9 percent of the amount sent. In the period observed, the highest cost was registered in 2012, when 11.5 percent of the said transferred sum was charged.
Average cost of receiving 200 U.S. dollars in remittances in Ghana from 2011 to 2022
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. (December 2, 2022). Average cost of receiving 200 U.S. dollars in remittances in Ghana from 2011 to 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1269152/cost-of-receiving-remittances-in-ghana/
International Organization for Migration. "Average cost of receiving 200 U.S. dollars in remittances in Ghana from 2011 to 2022." Chart. December 2, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1269152/cost-of-receiving-remittances-in-ghana/
International Organization for Migration. (2022). Average cost of receiving 200 U.S. dollars in remittances in Ghana from 2011 to 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1269152/cost-of-receiving-remittances-in-ghana/
International Organization for Migration. "Average Cost of Receiving 200 U.S. Dollars in Remittances in Ghana from 2011 to 2022." Statista, Statista Inc., 2 Dec 2022, https://www.statista.com/statistics/1269152/cost-of-receiving-remittances-in-ghana/
International Organization for Migration, Average cost of receiving 200 U.S. dollars in remittances in Ghana from 2011 to 2022 Statista, https://www.statista.com/statistics/1269152/cost-of-receiving-remittances-in-ghana/ (last visited December 22, 2024)
Average cost of receiving 200 U.S. dollars in remittances in Ghana from 2011 to 2022 [Graph], International Organization for Migration, December 2, 2022. [Online]. Available: https://www.statista.com/statistics/1269152/cost-of-receiving-remittances-in-ghana/
