Remittance costs as a proportion of the amount remitted in Ghana

Ghana: Remittance costs as a proportion of the amount remitted was 13.3% in 2025. ◆ Volatile

Latest (2025)
13.3%
Change on year
up 33.2%
World rank
6th
of 47 countries
All-time high
16.4%
in 2019
All-time low
-4.0%
in 2022
Years of data
9
2011–2025

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

-50510152011201820252011: 15.8 %2015: 8.7 %2019: 16.4 %2020: 8.2 %2021: 8.1 %2022: -4 %2023: 9.4 %2024: 10 %2025: 13.3 %

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

Analysis

In 2025, remittance costs as a proportion of the amount remitted in Ghana stood at 13.3%.

The figure is up 33.2% on the previous year and up 53.5% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in Ghana peaked at 16.4% in 2019 and was at its lowest, -4.0%, in 2022.

That places Ghana 6th out of 47 countries with data for 2025, putting it in the top quarter.

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

Annual values for Remittance costs as a proportion of the amount remitted in Ghana, 2011 to 2025.
Year % Change
2011 15.8% —
2015 8.7% -45.1%
2019 16.4% +89.4%
2020 8.2% -50.2%
2021 8.1% -1.0%
2022 -4.0% -150.0%
2023 9.4% -332.7%
2024 10.0% +6.2%
2025 13.3% +33.2%

Ghana compared with similar countries

  • Ghana's 13.3% is above the median for lower middle income countries, which is 12.4%, 1.1× the median. (9 countries reporting)
  • Ghana's 13.3% is above the median for Sub-Saharan Africa, which is 13.3%, 1.0× the median. (9 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 13.6% 8.7% 16.4% 3
2020s 7.5% -4.0% 13.3% 6

Countries ranked near Ghana

  1. 3 Senegal 25.7% compare
  2. 4 Rwanda 22.6% compare
  3. 5 South Africa 15.7% compare
  4. 6 Angola 13.3% compare
  5. 8 Israel 13.1% compare
  6. 9 Kenya 12.4% compare

See the full ranking of 47 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Ghana?
Remittance costs as a proportion of the amount remitted in Ghana was 13.3% 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 Ghana?
The highest recorded value was 16.4% in 2019.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Ghana?
The lowest recorded value was -4.0% in 2022.
How does Ghana rank for remittance costs as a proportion of the amount remitted?
Ghana ranks 6th out of 47 countries with data for 2025.
Is remittance costs as a proportion of the amount remitted rising or falling in Ghana?
Over the last ten years it is up 53.5%. The long-run trend across the full record is volatile.
Where does this Ghana 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 Ghana. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/ghana/

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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 (%).