Average cost of sending remittances from Ghana 2011 to 2021

Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021

CharacteristicAverage cost in percentage of 200 USD
2021 11.5%
2020 10.2%
2019 14.5%
2018 6.2%
2017 6.3%
2016 7.1%
2015 11.3%
2014 19.4%
2013 22.7%
2012 21.9%
2011 17.6%
Created with Highcharts 7.2.2Average cost in percentage of 200 USD17.6%17.6%21.9%21.9%22.7%22.7%19.4%19.4%11.3%11.3%7.1%7.1%6.3%6.3%6.2%6.2%14.5%14.5%10.2%10.2%11.5%11.5%20112012201320142015201620172018201920202021
0%5%10%15%20%25%
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Sources

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Release date

May 2022

Region

Ghana

Survey time period

2011 to 2021

Supplementary notes

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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