Remittance costs as a proportion of the amount remitted in Belgium

Belgium: Remittance costs as a proportion of the amount remitted was 3.6% in 2025. ▼ Falling

Latest (2025)
3.6%
Change on year
down 33.4%
World rank
43rd
of 47 countries
All-time high
9.5%
in 2011
All-time low
3.6%
in 2025
Years of data
11
2011–2025

Remittance costs as a proportion of the amount remitted in Belgium, 2011–2025

02468102011201820252011: 9.5 %2015: 7 %2017: 7.5 %2018: 7.3 %2019: 7.8 %2020: 7.6 %2021: 6.9 %2022: 6.8 %2023: 6 %2024: 5.4 %2025: 3.6 %

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

Analysis

Belgium recorded 3.6% for remittance costs as a proportion of the amount remitted in 2025. That is the lowest value across all 11 years on record.

The figure is down 33.4% on the previous year and down 48.8% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in Belgium peaked at 9.5% in 2011 and was at its lowest, 3.6%, in 2025.

Belgium ranks 43rd of 47 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Remittance costs as a proportion of the amount remitted in Belgium, year by year

Annual values for Remittance costs as a proportion of the amount remitted in Belgium, 2011 to 2025.
Year % Change
2011 9.5% —
2015 7.0% -26.9%
2017 7.5% +7.6%
2018 7.3% -2.5%
2019 7.8% +6.6%
2020 7.6% -2.7%
2021 6.9% -9.0%
2022 6.8% -1.9%
2023 6.0% -11.7%
2024 5.4% -10.4%
2025 3.6% -33.4%

Belgium compared with similar countries

  • Belgium's 3.6% is below the median for high income countries, which is 5.1%, 70% of the median. (30 countries reporting)
  • Belgium's 3.6% is below the median for Europe & Central Asia, which is 5.2%, 68% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.8% 7.0% 9.5% 5
2020s 6.0% 3.6% 7.6% 6

Countries ranked near Belgium

  1. 40 India 4.2% compare
  2. 41 Jordan 4.1% compare
  3. 42 Singapore 4.0% compare
  4. 44 Norway 3.5% compare
  5. 45 Bahrain 3.4% compare
  6. 46 Kuwait 3.3% compare

See the full ranking of 47 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Belgium?
Remittance costs as a proportion of the amount remitted in Belgium was 3.6% in 2025, according to World Bank – processed by Our World in Data.
What is the highest remittance costs as a proportion of the amount remitted recorded in Belgium?
The highest recorded value was 9.5% in 2011.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Belgium?
The lowest recorded value was 3.6% in 2025.
How does Belgium rank for remittance costs as a proportion of the amount remitted?
Belgium ranks 43rd out of 47 countries with data for 2025.
Is remittance costs as a proportion of the amount remitted rising or falling in Belgium?
Over the last ten years it is down 48.8%. The long-run trend across the full record is falling.
Where does this Belgium data come from?
The figures come from World Bank – 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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Remittance costs as a proportion of the amount remitted in Belgium. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 01 October 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/belgium/

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About this data

Indicator
Remittance costs as a proportion of the amount remitted
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 475 data points, 2011–2025
Last refreshed

Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).