Remittance costs as share of amount remitted in Dominican Republic

Dominican Republic: Remittance costs as share of amount remitted was 3.55 in 2021. β–Ό Falling

Latest (2021)
3.55
Change on year
down 66.8%
World rank
40th
of 46 countries
All-time high
13.41
in 2015
All-time low
3.55
in 2021
Years of data
7
2011–2021

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

4681012142011201620212011: 132015: 13.42017: 7.32018: 7.32019: 8.82020: 10.72021: 3.5

Source: Our World in Data.

Analysis

Dominican Republic recorded 3.55 for remittance costs as share of amount remitted in 2021. That is the lowest value across all 7 years on record.

Compared with earlier readings it is down 66.8% on the previous year and down 72.8% over ten years.

Over the whole period, remittance costs as share of amount remitted in Dominican Republic peaked at 13.41 in 2015 and was at its lowest, 3.55, in 2021.

Dominican Republic ranks 40th of 46 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.98 7.33 13.41 5
2020s 7.12 3.55 10.68 2

Countries ranked near Dominican Republic

  1. 37 United Arab Emirates 3.89 compare
  2. 38 Malaysia 3.82 compare
  3. 39 Singapore 3.68 compare
  4. 41 Qatar 3.49 compare
  5. 42 Senegal 3.45 compare
  6. 43 Kuwait 2.96 compare

See the full ranking of 46 places β†’

More reference data data for Dominican Republic

All data for Dominican Republic β†’

Frequently asked questions

What is remittance costs as share of amount remitted in Dominican Republic?
Remittance costs as share of amount remitted in Dominican Republic was 3.55 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Dominican Republic?
The highest recorded value was 13.41 in 2015.
What is the lowest remittance costs as share of amount remitted recorded in Dominican Republic?
The lowest recorded value was 3.55 in 2021.
How does Dominican Republic rank for remittance costs as share of amount remitted?
Dominican Republic ranks 40th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Dominican Republic?
Over the last ten years it is down 72.8%. The long-run trend across the full record is falling.
Where does this Dominican Republic 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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Remittance costs as share of amount remitted in Dominican Republic. Statizoid, drawing on Our World in Data. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/dominican-republic/

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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