In 2021, sending 200 U.S. dollars in remittances from Ghana incurred an average cost corresponding to 11.5 percent of the amount sent. This was higher than the charges incurred when receiving remittances in Ghana from another country. Costs of sending remittances from Ghana reached a peak in 2013, at 22.7 percent of 200 U.S. dollars.
Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021
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. (May 1, 2022). Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1269158/cost-of-sending-remittances-from-ghana/
International Organization for Migration. "Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021." Chart. May 1, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1269158/cost-of-sending-remittances-from-ghana/
International Organization for Migration. (2022). Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1269158/cost-of-sending-remittances-from-ghana/
International Organization for Migration. "Average Cost of Sending 200 U.S. Dollars in Remittances from Ghana from 2011 to 2021." Statista, Statista Inc., 1 May 2022, https://www.statista.com/statistics/1269158/cost-of-sending-remittances-from-ghana/
International Organization for Migration, Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021 Statista, https://www.statista.com/statistics/1269158/cost-of-sending-remittances-from-ghana/ (last visited November 21, 2024)
Average cost of sending 200 U.S. dollars in remittances from Ghana from 2011 to 2021 [Graph], International Organization for Migration, May 1, 2022. [Online]. Available: https://www.statista.com/statistics/1269158/cost-of-sending-remittances-from-ghana/
