Remittance costs as a proportion of the amount remitted in Canada
Canada: Remittance costs as a proportion of the amount remitted was 6.6% in 2021. βΌ Falling
Remittance costs as a proportion of the amount remitted in Canada, 2011β2021
Source: World Bank (2023) β processed by Our World in Data. Measured in %.
Analysis
In 2021, remittance costs as a proportion of the amount remitted in Canada stood at 6.6%.
The figure is up 5.3% on the previous year and down 44.4% over ten years.
Over the whole period, remittance costs as a proportion of the amount remitted in Canada peaked at 11.9% in 2011 and was at its lowest, 6.3%, in 2020.
Canada ranks 18th of 46 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.8% | 7.3% | 11.9% | 5 |
| 2020s | 6.4% | 6.3% | 6.6% | 2 |
Countries ranked near Canada
More reference data data for Canada
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
Frequently asked questions
- What is remittance costs as a proportion of the amount remitted in Canada?
- Remittance costs as a proportion of the amount remitted in Canada was 6.6% in 2021, according to World Bank (2023) β processed by Our World in Data.
- What is the highest remittance costs as a proportion of the amount remitted recorded in Canada?
- The highest recorded value was 11.9% in 2011.
- What is the lowest remittance costs as a proportion of the amount remitted recorded in Canada?
- The lowest recorded value was 6.3% in 2020.
- How does Canada rank for remittance costs as a proportion of the amount remitted?
- Canada ranks 18th out of 46 countries with data for 2021.
- Is remittance costs as a proportion of the amount remitted rising or falling in Canada?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from World Bank (2023) β 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.
Download this data
CSV Β· JSON β 7 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The average remittance cost of sending $200 (or equivalent in local sending currency) from each country, expressed as a percentage.