Average remittance costs of sending $200 to a receiving country as a in Senegal
Senegal: Average remittance costs of sending $200 to a receiving country as a was 5.8% in 2025. ▼ Falling
Latest (2025)
5.8%
Change on year
up 0.5%
World rank
56th
of 110 countries
All-time high
9.9%
in 2011
All-time low
4.0%
in 2022
Years of data
11
2011–2025
Average remittance costs of sending $200 to a receiving country as a in Senegal, 2011–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2025, average remittance costs of sending $200 to a receiving country as a in Senegal stood at 5.8%.
The figure is up 0.5% on the previous year and up 3.6% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Senegal peaked at 9.9% in 2011 and was at its lowest, 4.0%, in 2022.
Senegal ranks 56th of 110 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 to a receiving country as a in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 9.9% | — |
| 2015 | 5.6% | -43.6% |
| 2017 | 5.1% | -8.8% |
| 2018 | 5.2% | +1.8% |
| 2019 | 5.4% | +3.9% |
| 2020 | 4.5% | -16.2% |
| 2021 | 4.5% | -0.4% |
| 2022 | 4.0% | -11.6% |
| 2023 | 4.0% | +0.0% |
| 2024 | 5.8% | +44.8% |
| 2025 | 5.8% | +0.5% |
Senegal compared with similar countries
- Senegal's 5.8% is above the median for lower middle income countries, which is 5.6%, 1.0× the median. (32 countries reporting)
- Senegal's 5.8% is below the median for Sub-Saharan Africa, which is 8.3%, 69% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.2% | 5.1% | 9.9% | 5 |
| 2020s | 4.7% | 4.0% | 5.8% | 6 |
Countries ranked near Senegal
More economy & growth data for Senegal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.03 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 48.08 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.6 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -57.9 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0627 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.98 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Senegal?
- Average remittance costs of sending $200 to a receiving country as a in Senegal was 5.8% 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 Senegal?
- The highest recorded value was 9.9% in 2011.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Senegal?
- The lowest recorded value was 4.0% in 2022.
- How does Senegal rank for average remittance costs of sending $200 to a receiving country as a?
- Senegal ranks 56th 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 Senegal?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is falling.
- Where does this Senegal 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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