Average remittance costs of sending $200 to a receiving country as a in Azerbaijan
Azerbaijan: Average remittance costs of sending $200 to a receiving country as a was 1.6% in 2021. ▼ Falling
Latest (2021)
1.6%
Change on year
up 61.0%
World rank
107th
of 110 countries
All-time high
2.3%
in 2011
All-time low
1.0%
in 2019
Years of data
7
2011–2021
Average remittance costs of sending $200 to a receiving country as a in Azerbaijan, 2011–2021
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Azerbaijan recorded 1.6% for average remittance costs of sending $200 to a receiving country as a in 2021.
That represents a change of up 61.0% on the previous year and down 31.2% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Azerbaijan peaked at 2.3% in 2011 and was at its lowest, 1.0%, in 2019.
Azerbaijan ranks 107th of 110 countries on this measure, in the bottom quarter.
Average remittance costs of sending $200 to a receiving country as a in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 2.3% | — |
| 2015 | 1.1% | -51.7% |
| 2017 | 1.0% | -8.0% |
| 2018 | 1.3% | +26.9% |
| 2019 | 1.0% | -24.2% |
| 2020 | 1.0% | +0.0% |
| 2021 | 1.6% | +61.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 1.6% is below the median for upper middle income countries, which is 5.5%, 29% of the median. (39 countries reporting)
- Azerbaijan's 1.6% is below the median for Europe & Central Asia, which is 5.1%, 32% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.4% | 1.0% | 2.3% | 5 |
| 2020s | 1.3% | 1.0% | 1.6% | 2 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Azerbaijan?
- Average remittance costs of sending $200 to a receiving country as a in Azerbaijan was 1.6% in 2021, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 to a receiving country as a recorded in Azerbaijan?
- The highest recorded value was 2.3% in 2011.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Azerbaijan?
- The lowest recorded value was 1.0% in 2019.
- How does Azerbaijan rank for average remittance costs of sending $200 to a receiving country as a?
- Azerbaijan ranks 107th out of 110 countries with data for 2021.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Azerbaijan?
- Over the last ten years it is down 31.2%. The long-run trend across the full record is falling.
- Where does this Azerbaijan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under UN SDG Global Database (open, attribution requested).