Remittance costs as share of amount remitted in Brazil

Brazil: Remittance costs as share of amount remitted was 4.81 in 2021. ▼ Falling

Latest (2021)
4.81
Change on year
down 50.8%
World rank
32nd
of 46 countries
All-time high
11.12
in 2011
All-time low
4.64
in 2017
Years of data
7
2011–2021

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

02.557.5102011201620212011: 11.12015: 7.42017: 4.62018: 6.52019: 6.62020: 9.82021: 4.8

Source: Our World in Data.

Analysis

In 2021, remittance costs as share of amount remitted in Brazil stood at 4.81.

That represents a change of down 50.8% on the previous year and down 56.7% over ten years.

Over the whole period, remittance costs as share of amount remitted in Brazil peaked at 11.12 in 2011 and was at its lowest, 4.64, in 2017.

Brazil ranks 32nd of 46 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.24 4.64 11.12 5
2020s 7.29 4.81 9.77 2

Countries ranked near Brazil

  1. 29 Spain 5.16 compare
  2. 30 Norway 5.07 compare
  3. 31 Saudi Arabia 4.87 compare
  4. 33 Italy 4.76 compare
  5. 34 Pakistan 4.7 compare
  6. 35 Oman 4.31 compare

See the full ranking of 46 places →

More reference data data for Brazil

All data for Brazil →

Frequently asked questions

What is remittance costs as share of amount remitted in Brazil?
Remittance costs as share of amount remitted in Brazil was 4.81 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Brazil?
The highest recorded value was 11.12 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in Brazil?
The lowest recorded value was 4.64 in 2017.
How does Brazil rank for remittance costs as share of amount remitted?
Brazil ranks 32nd out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Brazil?
Over the last ten years it is down 56.7%. The long-run trend across the full record is falling.
Where does this Brazil 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.

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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