Average remittance costs of sending $200 to a receiving country as a in Somalia
Somalia: Average remittance costs of sending $200 to a receiving country as a was 5.8% in 2025. ▼ Falling
Average remittance costs of sending $200 to a receiving country as a in Somalia, 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 Somalia stood at 5.8%. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 9.0% on the previous year and down 10.4% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Somalia peaked at 9.0% in 2011 and was at its lowest, 5.8%, in 2025.
That places Somalia 54th out of 110 countries with data for 2025, putting it 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 $200 to a receiving country as a in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 9.0% | — |
| 2015 | 6.5% | -27.4% |
| 2017 | 8.4% | +29.3% |
| 2018 | 7.3% | -13.1% |
| 2019 | 8.1% | +10.5% |
| 2020 | 8.5% | +5.1% |
| 2021 | 8.1% | -4.7% |
| 2022 | 7.1% | -12.6% |
| 2023 | 6.7% | -5.1% |
| 2024 | 6.4% | -4.6% |
| 2025 | 5.8% | -9.0% |
Somalia compared with similar countries
- Somalia's 5.8% is below the median for low income countries, which is 8.3%, 70% of the median. (17 countries reporting)
- Somalia's 5.8% is below the median for Sub-Saharan Africa, which is 8.3%, 70% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.9% | 6.5% | 9.0% | 5 |
| 2020s | 7.1% | 5.8% | 8.5% | 6 |
Countries ranked near Somalia
- 51 Costa Rica 6.0% compare
- 52 South Africa 6.0% compare
- 53 Latvia 5.8% compare
- 55 Thailand 5.8% compare
- 56 Senegal 5.8% compare
- 57 Bosnia and Herzegovina 5.7% compare
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Somalia?
- Average remittance costs of sending $200 to a receiving country as a in Somalia 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 Somalia?
- The highest recorded value was 9.0% in 2011.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Somalia?
- The lowest recorded value was 5.8% in 2025.
- How does Somalia rank for average remittance costs of sending $200 to a receiving country as a?
- Somalia ranks 54th 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 Somalia?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is falling.
- Where does this Somalia 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 — 11 observations, free to reuse under UN SDG Global Database (open, attribution requested).