Remittance costs as share of amount remitted in Czechia

Czechia: Remittance costs as share of amount remitted was 7.07 in 2021. ▼ Falling

Latest (2021)
7.07
Change on year
down 18.8%
World rank
15th
of 46 countries
All-time high
11.47
in 2011
All-time low
7.07
in 2021
Years of data
7
2011–2021

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

02.557.51012.52011201620212011: 11.52015: 9.12017: 9.82018: 8.92019: 92020: 8.72021: 7.1

Source: Our World in Data.

Analysis

Czechia recorded 7.07 for remittance costs as share of amount remitted in 2021. That is the lowest value across all 7 years on record.

That represents a change of down 18.8% on the previous year and down 38.4% over ten years.

Over the whole period, remittance costs as share of amount remitted in Czechia peaked at 11.47 in 2011 and was at its lowest, 7.07, in 2021.

Czechia ranks 15th of 46 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.65 8.88 11.47 5
2020s 7.89 7.07 8.71 2

Countries ranked near Czechia

  1. 12 Sweden 7.36 compare
  2. 13 New Zealand 7.35 compare
  3. 14 Australia 7.25 compare
  4. 16 Belgium 6.9 compare
  5. 17 Jordan 6.88 compare
  6. 18 Canada 6.6 compare

See the full ranking of 46 places →

More reference data data for Czechia

All data for Czechia →

Frequently asked questions

What is remittance costs as share of amount remitted in Czechia?
Remittance costs as share of amount remitted in Czechia was 7.07 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Czechia?
The highest recorded value was 11.47 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in Czechia?
The lowest recorded value was 7.07 in 2021.
How does Czechia rank for remittance costs as share of amount remitted?
Czechia ranks 15th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Czechia?
Over the last ten years it is down 38.4%. The long-run trend across the full record is falling.
Where does this Czechia 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