Average remittance costs of sending $200 to a receiving country as a in South Africa
South Africa: Average remittance costs of sending $200 to a receiving country as a was 6.0% in 2025. ▼ Falling
Average remittance costs of sending $200 to a receiving country as a in South Africa, 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 South Africa is 6.0%, measured in 2025. That is the lowest value across all 11 years on record.
The figure is down 19.5% on the previous year and down 33.6% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in South Africa peaked at 9.0% in 2015 and was at its lowest, 6.0%, in 2025.
South Africa ranks 52nd 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 $200 to a receiving country as a in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 8.0% | — |
| 2015 | 9.0% | +11.8% |
| 2017 | 8.1% | -10.1% |
| 2018 | 8.1% | +0.4% |
| 2019 | 7.5% | -6.9% |
| 2020 | 8.1% | +8.0% |
| 2021 | 8.2% | +0.9% |
| 2022 | 6.7% | -18.6% |
| 2023 | 7.2% | +7.3% |
| 2024 | 7.4% | +3.2% |
| 2025 | 6.0% | -19.5% |
South Africa compared with similar countries
- South Africa's 6.0% is above the median for upper middle income countries, which is 5.5%, 1.1× the median. (39 countries reporting)
- South Africa's 6.0% is below the median for Sub-Saharan Africa, which is 8.3%, 72% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.1% | 7.5% | 9.0% | 5 |
| 2020s | 7.3% | 6.0% | 8.2% | 6 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in South Africa?
- Average remittance costs of sending $200 to a receiving country as a in South Africa 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 South Africa?
- The highest recorded value was 9.0% in 2015.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in South Africa?
- The lowest recorded value was 6.0% in 2025.
- How does South Africa rank for average remittance costs of sending $200 to a receiving country as a?
- South Africa ranks 52nd 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 South Africa?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is falling.
- Where does this South Africa 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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