Average remittance costs of sending $200 to a receiving country as a in Cuba
Cuba: Average remittance costs of sending $200 to a receiving country as a was 8.8% in 2025. ▲ Rising
Latest (2025)
8.8%
Change on year
down 17.1%
World rank
25th
of 110 countries
All-time high
17.0%
in 2022
All-time low
8.8%
in 2025
Years of data
9
2017–2025
Average remittance costs of sending $200 to a receiving country as a in Cuba, 2017–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2025, average remittance costs of sending $200 to a receiving country as a in Cuba stood at 8.8%. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 17.1% on the previous year and down 20.5% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Cuba peaked at 17.0% in 2022 and was at its lowest, 8.8%, in 2025.
Cuba ranks 25th of 110 countries on this measure, in the top quarter.
Average remittance costs of sending $200 to a receiving country as a in Cuba, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 11.0% | — |
| 2018 | 10.8% | -1.6% |
| 2019 | 9.6% | -11.1% |
| 2020 | 10.5% | +9.5% |
| 2021 | 9.5% | -10.1% |
| 2022 | 17.0% | +79.9% |
| 2023 | 16.2% | -4.8% |
| 2024 | 10.6% | -34.9% |
| 2025 | 8.8% | -17.1% |
Cuba compared with similar countries
- Cuba's 8.8% is above the median for upper middle income countries, which is 5.5%, 1.6× the median. (39 countries reporting)
- Cuba's 8.8% is above the median for Latin America & Caribbean, which is 5.2%, 1.7× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.5% | 9.6% | 11.0% | 3 |
| 2020s | 12.1% | 8.8% | 17.0% | 6 |
Countries ranked near Cuba
- 22 South Sudan 9.8% compare
- 23 Suriname 8.9% compare
- 24 Afghanistan 8.8% compare
- 26 Lebanon 8.5% compare
- 27 Zimbabwe 8.4% compare
- 28 Mozambique 8.3% compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Cuba?
- Average remittance costs of sending $200 to a receiving country as a in Cuba was 8.8% in 2025, 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 Cuba?
- The highest recorded value was 17.0% in 2022.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Cuba?
- The lowest recorded value was 8.8% in 2025.
- How does Cuba rank for average remittance costs of sending $200 to a receiving country as a?
- Cuba ranks 25th out of 110 countries with data for 2025.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Cuba?
- Over the last ten years it is down 20.5%. The long-run trend across the full record is rising.
- Where does this Cuba 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.
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