Remittance costs as a proportion of the amount remitted in India

India: Remittance costs as a proportion of the amount remitted was 4.2% in 2025. ▲ Rising

Latest (2025)
4.2%
Change on year
up 4.5%
World rank
40th
of 47 countries
All-time high
6.7%
in 2021
All-time low
3.0%
in 2017
Years of data
7
2017–2025

Remittance costs as a proportion of the amount remitted in India, 2017–2025

02462017202120252017: 3 %2020: 4 %2021: 6.7 %2022: 6.7 %2023: 5.5 %2024: 4 %2025: 4.2 %

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

Analysis

India recorded 4.2% for remittance costs as a proportion of the amount remitted in 2025.

Compared with earlier readings it is up 4.5% on the previous year and up 37.3% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in India peaked at 6.7% in 2021 and was at its lowest, 3.0%, in 2017.

That places India 40th out of 47 countries with data for 2025, putting it in the bottom quarter.

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

Annual values for Remittance costs as a proportion of the amount remitted in India, 2017 to 2025.
Year % Change
2017 3.0%
2020 4.0% +30.4%
2021 6.7% +68.6%
2022 6.7% +0.0%
2023 5.5% -17.1%
2024 4.0% -27.9%
2025 4.2% +4.5%

India compared with similar countries

  • India's 4.2% is below the median for lower middle income countries, which is 12.4%, 34% of the median. (9 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.0% 3.0% 3.0% 1
2020s 5.2% 4.0% 6.7% 6

Countries ranked near India

  1. 37 Cameroon 4.4% compare
  2. 38 United Arab Emirates 4.4% compare
  3. 39 Oman 4.2% compare
  4. 41 Jordan 4.1% compare
  5. 42 Singapore 4.0% compare
  6. 43 Belgium 3.6% compare

See the full ranking of 47 places →

More reference data data for India

All data for India →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in India?
Remittance costs as a proportion of the amount remitted in India was 4.2% 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 India?
The highest recorded value was 6.7% in 2021.
What is the lowest remittance costs as a proportion of the amount remitted recorded in India?
The lowest recorded value was 3.0% in 2017.
How does India rank for remittance costs as a proportion of the amount remitted?
India ranks 40th out of 47 countries with data for 2025.
Is remittance costs as a proportion of the amount remitted rising or falling in India?
Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
Where does this India 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 India. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/india/

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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 (%).