Remittance costs as a proportion of the amount remitted in Bahrain

Bahrain: Remittance costs as a proportion of the amount remitted was 2.5% in 2021. β–Ό Falling

Latest (2021)
2.5%
Change on year
down 25.8%
World rank
46th
of 46 countries
All-time high
3.7%
in 2019
All-time low
2.5%
in 2021
Years of data
5
2017–2021

Remittance costs as a proportion of the amount remitted in Bahrain, 2017–2021

012342017201920212017: 3.2 %2018: 3.3 %2019: 3.7 %2020: 3.3 %2021: 2.5 %

Source: World Bank (2023) – processed by Our World in Data. Measured in %.

Analysis

Bahrain recorded 2.5% for remittance costs as a proportion of the amount remitted in 2021. That is the lowest value across all 5 years on record.

That represents a change of down 25.8% on the previous year and down 22.1% over five years.

That places Bahrain 46th out of 46 countries with data for 2021, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.4% 3.2% 3.7% 3
2020s 2.9% 2.5% 3.3% 2

Countries ranked near Bahrain

  1. 43 Kuwait 3.0% compare
  2. 44 Russian Federation 2.9% compare
  3. 45 Cote d'Ivoire 2.6% compare

See the full ranking of 46 places β†’

More reference data data for Bahrain

All data for Bahrain β†’

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Bahrain?
Remittance costs as a proportion of the amount remitted in Bahrain was 2.5% in 2021, according to World Bank (2023) – processed by Our World in Data.
What is the highest remittance costs as a proportion of the amount remitted recorded in Bahrain?
The highest recorded value was 3.7% in 2019.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Bahrain?
The lowest recorded value was 2.5% in 2021.
How does Bahrain rank for remittance costs as a proportion of the amount remitted?
Bahrain ranks 46th out of 46 countries with data for 2021.
Where does this Bahrain data come from?
The figures come from World Bank (2023) – processed by Our World in Data, published as part of Remittance costs as a proportion of the amount remitted. Statizoid updates them automatically from the source API.

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About this data

Indicator
Remittance costs as a proportion of the amount remitted
Unit
%
Source
World Bank (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
46 places, 291 data points, 2011–2021
Last refreshed

The average remittance cost of sending $200 (or equivalent in local sending currency) from each country, expressed as a percentage.