Remittance costs as share of amount remitted in Belgium

Belgium: Remittance costs as share of amount remitted was 6.9 in 2021. ▼ Falling

Latest (2021)
6.9
Change on year
down 9.0%
World rank
16th
of 46 countries
All-time high
9.54
in 2011
All-time low
6.9
in 2021
Years of data
7
2011–2021

Remittance costs as share of amount remitted in Belgium, 2011–2021

02468102011201620212011: 9.52015: 72017: 7.52018: 7.32019: 7.82020: 7.62021: 6.9

Source: Our World in Data.

Analysis

Belgium recorded 6.9 for remittance costs as share of amount remitted in 2021. That is the lowest value across all 7 years on record.

The figure is down 9.0% on the previous year and down 27.7% over ten years.

Over the whole period, remittance costs as share of amount remitted in Belgium peaked at 9.54 in 2011 and was at its lowest, 6.9, in 2021.

Belgium ranks 16th of 46 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.82 6.97 9.54 5
2020s 7.24 6.9 7.58 2

Countries ranked near Belgium

  1. 13 New Zealand 7.35 compare
  2. 14 Australia 7.25 compare
  3. 15 Czechia 7.07 compare
  4. 17 Jordan 6.88 compare
  5. 18 Canada 6.6 compare
  6. 19 Netherlands 6.55 compare

See the full ranking of 46 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is remittance costs as share of amount remitted in Belgium?
Remittance costs as share of amount remitted in Belgium was 6.9 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Belgium?
The highest recorded value was 9.54 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in Belgium?
The lowest recorded value was 6.9 in 2021.
How does Belgium rank for remittance costs as share of amount remitted?
Belgium ranks 16th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Belgium?
Over the last ten years it is down 27.7%. The long-run trend across the full record is falling.
Where does this Belgium data come from?
The figures come from Our World in Data, published as part of Remittance costs as share of amount remitted. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Remittance costs as share of amount remitted
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
46 places, 291 data points, 2011–2021
Last refreshed