Sending remittances to countries like Jordan or Yemen was cheaper than sending money to Syria or Lebanon, as of the first quarter of 2024. This is according to an average taken from different situation in which consumers send money worth 200 U.S. dollars from one country to the next - including cash, MTOs (money transfer organizations) or cards.
Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in the Middle East and Central Asia in 1st quarter of 2024
Azerbaijan, Bahrain, Armenia, Georgia, Israel, Kazakhstan, Jordan, Kuwait, Kyrgyzstan, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Tajikistan, United Arab Emirates, Uzbekistan, Yemen, Palestinian territories
Survey time period
Q1 2024
Special properties
Includes cash, bank account transfers, credit cards, debit cards, prepaid cards, and mobile money
Supplementary notes
The source states it investigates 105 remittance receiving countries, compared to 48 remittance sending countries. It is therefore likely that not all countries have data for both situations.
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Statista. (July 6, 2024). Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in the Middle East and Central Asia in 1st quarter of 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1388210/cost-sending-money-middle-east-destination/
Statista. "Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in the Middle East and Central Asia in 1st quarter of 2024." Chart. July 6, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1388210/cost-sending-money-middle-east-destination/
Statista. (2024). Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in the Middle East and Central Asia in 1st quarter of 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1388210/cost-sending-money-middle-east-destination/
Statista. "Total Average Cost of Sending And/or Receiving 200 U.S. Dollars worth of Remittances From/to Individual Countries in The Middle East and Central Asia in 1st Quarter of 2024." Statista, Statista Inc., 6 Jul 2024, https://www.statista.com/statistics/1388210/cost-sending-money-middle-east-destination/
Statista, Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in the Middle East and Central Asia in 1st quarter of 2024 Statista, https://www.statista.com/statistics/1388210/cost-sending-money-middle-east-destination/ (last visited November 21, 2024)
Total average cost of sending and/or receiving 200 U.S. dollars worth of remittances from/to individual countries in the Middle East and Central Asia in 1st quarter of 2024 [Graph], Statista, July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1388210/cost-sending-money-middle-east-destination/
