Average remittance costs of sending $200 for a sending country as a in South Africa
South Africa: Average remittance costs of sending $200 for a sending country as a was 15.7% in 2025. ▼ Falling
Latest (2025)
15.7%
Change on year
up 30.1%
World rank
6th
of 52 countries
All-time high
17.7%
in 2011
All-time low
11.6%
in 2023
Years of data
11
2011–2025
Average remittance costs of sending $200 for a sending country as a in South Africa, 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 South Africa is 15.7%, measured in 2025.
Compared with earlier readings it is up 30.1% on the previous year and up 3.0% over ten years.
Over the whole period, average remittance costs of sending $200 for a sending country as a in South Africa peaked at 17.7% in 2011 and was at its lowest, 11.6%, in 2023.
South Africa ranks 6th of 52 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 for a sending country as a in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 17.7% | — |
| 2015 | 15.2% | -14.3% |
| 2017 | 16.6% | +9.1% |
| 2018 | 15.8% | -4.5% |
| 2019 | 16.0% | +0.9% |
| 2020 | 15.1% | -5.7% |
| 2021 | 14.8% | -1.6% |
| 2022 | 15.0% | +1.4% |
| 2023 | 11.6% | -22.6% |
| 2024 | 12.0% | +3.5% |
| 2025 | 15.7% | +30.1% |
South Africa compared with similar countries
- South Africa's 15.7% is above the median for upper middle income countries, which is 11.6%, 1.4× the median. (7 countries reporting)
- South Africa's 15.7% is above the median for Sub-Saharan Africa, which is 13.3%, 1.2× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.3% | 15.2% | 17.7% | 5 |
| 2020s | 14.0% | 11.6% | 15.7% | 6 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 for a sending country as a in South Africa?
- Average remittance costs of sending $200 for a sending country as a in South Africa was 15.7% 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 South Africa?
- The highest recorded value was 17.7% in 2011.
- What is the lowest average remittance costs of sending $200 for a sending country as a recorded in South Africa?
- The lowest recorded value was 11.6% in 2023.
- How does South Africa rank for average remittance costs of sending $200 for a sending country as a?
- South Africa ranks 6th 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 South Africa?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is falling.
- Where does this South Africa 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
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