Average remittance costs of sending $200 to a receiving country as a in Latin America and the Caribbean
Latin America and the Caribbean: Average remittance costs of sending $200 to a receiving country as a was 5.6% in 2025. ▼ Falling
Average remittance costs of sending $200 to a receiving country as a in Latin America and the Caribbean, 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 Latin America and the Caribbean is 5.6%, measured in 2025. That is the lowest value across all 11 years on record.
That represents a change of down 8.9% on the previous year and down 10.3% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Latin America and the Caribbean peaked at 7.7% in 2011 and was at its lowest, 5.6%, in 2022.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 to a receiving country as a in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 7.7% | — |
| 2015 | 6.3% | -18.1% |
| 2017 | 5.7% | -10.0% |
| 2018 | 5.9% | +3.7% |
| 2019 | 5.9% | +0.9% |
| 2020 | 5.8% | -1.5% |
| 2021 | 5.7% | -1.9% |
| 2022 | 5.6% | -1.4% |
| 2023 | 5.8% | +3.4% |
| 2024 | 6.2% | +6.2% |
| 2025 | 5.6% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.3% | 5.7% | 7.7% | 5 |
| 2020s | 5.8% | 5.6% | 6.2% | 6 |
Countries ranked near Latin America and the Caribbean
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Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Latin America and the Caribbean?
- Average remittance costs of sending $200 to a receiving country as a in Latin America and the Caribbean was 5.6% 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 Latin America and the Caribbean?
- The highest recorded value was 7.7% in 2011.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Latin America and the Caribbean?
- The lowest recorded value was 5.6% in 2022.
- How does Latin America and the Caribbean rank for average remittance costs of sending $200 to a receiving country as a?
- Latin America and the Caribbean ranks 6th out of 8 groups with data for 2025.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is falling.
- Where does this Latin America and the Caribbean 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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