Latin America and the Caribbean vs Namibia: Average remittance costs of sending $200 to a receiving country as a
Latin America and the Caribbean
5.6%
in 2025
Namibia
13.3%
in 2025
Latin America and the Caribbean rank
6th
Namibia rank
8th
Average remittance costs of sending $200 to a receiving country as a over time
- Latin America and the Caribbean
- Namibia
How they compare
Namibia currently reports 13.3% against 5.6% in Latin America and the Caribbean, a difference of 7.7%.
That makes Namibia's figure about 2.4 times Latin America and the Caribbean's.
Across all 9 years both countries report, Namibia has been ahead every year.
Latin America and the Caribbean ranks 6th and Namibia ranks 8th of 8 groups.
Namibia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.8% | 23.5% | 17.7% | Namibia |
| 2020s | 5.8% | 16.2% | 10.4% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average remittance costs of sending $200 to a receiving country as a, Latin America and the Caribbean or Namibia?
- Namibia, at 13.3% against 5.6% in Latin America and the Caribbean as of 2025.
- What is the difference in average remittance costs of sending $200 to a receiving country as a between Latin America and the Caribbean and Namibia?
- 7.7%, with Namibia ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Namibia?
- 9 years are reported by both, from 2017 to 2025.
- How do Latin America and the Caribbean and Namibia rank globally for average remittance costs of sending $200 to a receiving country as a?
- Latin America and the Caribbean ranks 6th and Namibia ranks 8th of 8 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.