Average remittance costs of sending $200 to a receiving country as a in Ecuador
Ecuador: Average remittance costs of sending $200 to a receiving country as a was 6.0% in 2025. ▲ Rising
Average remittance costs of sending $200 to a receiving country as a in Ecuador, 2011–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for average remittance costs of sending $200 to a receiving country as a in Ecuador is 6.0%, measured in 2025.
That represents a change of down 3.8% on the previous year and up 39.2% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Ecuador peaked at 6.3% in 2024 and was at its lowest, 4.0%, in 2017.
Ecuador ranks 49th of 110 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Average remittance costs of sending $200 to a receiving country as a in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 4.6% | — |
| 2015 | 4.3% | -5.7% |
| 2017 | 4.0% | -7.4% |
| 2018 | 4.1% | +2.0% |
| 2019 | 4.5% | +9.0% |
| 2020 | 4.8% | +7.4% |
| 2021 | 4.5% | -6.9% |
| 2022 | 4.4% | -0.7% |
| 2023 | 5.8% | +31.3% |
| 2024 | 6.3% | +7.7% |
| 2025 | 6.0% | -3.8% |
Ecuador compared with similar countries
- Ecuador's 6.0% is above the median for upper middle income countries, which is 5.5%, 1.1× the median. (39 countries reporting)
- Ecuador's 6.0% is above the median for Latin America & Caribbean, which is 5.2%, 1.2× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.3% | 4.0% | 4.6% | 5 |
| 2020s | 5.3% | 4.4% | 6.3% | 6 |
Countries ranked near Ecuador
More economy & growth data for Ecuador
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.51 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.30 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 191.26 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.01 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 71.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Ecuador?
- Average remittance costs of sending $200 to a receiving country as a in Ecuador was 6.0% 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 Ecuador?
- The highest recorded value was 6.3% in 2024.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Ecuador?
- The lowest recorded value was 4.0% in 2017.
- How does Ecuador rank for average remittance costs of sending $200 to a receiving country as a?
- Ecuador ranks 49th 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 Ecuador?
- Over the last ten years it is up 39.2%. The long-run trend across the full record is rising.
- Where does this Ecuador 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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