Average remittance costs of sending $200 for a sending country as a in Singapore
Singapore: Average remittance costs of sending $200 for a sending country as a was 4.0% in 2025. ▼ Falling
Average remittance costs of sending $200 for a sending country as a in Singapore, 2011–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for average remittance costs of sending $200 for a sending country as a in Singapore is 4.0%, measured in 2025.
Compared with earlier readings it is up 5.2% on the previous year and down 32.3% over ten years.
Over the whole period, average remittance costs of sending $200 for a sending country as a in Singapore peaked at 5.9% in 2015 and was at its lowest, 3.3%, in 2020.
Singapore ranks 46th of 52 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 for a sending country as a in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 4.6% | — |
| 2015 | 5.9% | +28.3% |
| 2017 | 4.5% | -23.4% |
| 2018 | 4.1% | -10.5% |
| 2019 | 4.0% | -0.7% |
| 2020 | 3.3% | -18.1% |
| 2021 | 3.7% | +11.2% |
| 2022 | 4.1% | +10.6% |
| 2023 | 4.1% | +1.2% |
| 2024 | 3.8% | -7.3% |
| 2025 | 4.0% | +5.2% |
Singapore compared with similar countries
- Singapore's 4.0% is below the median for high income countries, which is 5.0%, 80% of the median. (29 countries reporting)
- Singapore's 4.0% is below the median for East Asia & Pacific, which is 5.5%, 73% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.6% | 4.0% | 5.9% | 5 |
| 2020s | 3.8% | 3.3% | 4.1% | 6 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 for a sending country as a in Singapore?
- Average remittance costs of sending $200 for a sending country as a in Singapore was 4.0% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 for a sending country as a recorded in Singapore?
- The highest recorded value was 5.9% in 2015.
- What is the lowest average remittance costs of sending $200 for a sending country as a recorded in Singapore?
- The lowest recorded value was 3.3% in 2020.
- How does Singapore rank for average remittance costs of sending $200 for a sending country as a?
- Singapore ranks 46th out of 52 countries with data for 2025.
- Is average remittance costs of sending $200 for a sending country as a rising or falling in Singapore?
- Over the last ten years it is down 32.3%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under UN SDG Global Database (open, attribution requested).