Remittance costs as share of amount remitted in Japan

Japan: Remittance costs as share of amount remitted was 7.95 in 2021. ▼ Falling

Latest (2021)
7.95
Change on year
down 24.9%
World rank
10th
of 46 countries
All-time high
16.84
in 2011
All-time low
7.95
in 2021
Years of data
7
2011–2021

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

0510152011201620212011: 16.82015: 132017: 10.82018: 9.62019: 102020: 10.62021: 8

Source: Our World in Data.

Analysis

Japan recorded 7.95 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 24.9% on the previous year and down 52.8% over ten years.

Over the whole period, remittance costs as share of amount remitted in Japan peaked at 16.84 in 2011 and was at its lowest, 7.95, in 2021.

Japan ranks 10th of 46 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 12.05 9.58 16.84 5
2020s 9.27 7.95 10.58 2

Countries ranked near Japan

  1. 7 Thailand 11.56 compare
  2. 8 Kenya 9.23 compare
  3. 9 Ghana 8.08 compare
  4. 11 Costa Rica 7.5 compare
  5. 12 Sweden 7.36 compare
  6. 13 New Zealand 7.35 compare

See the full ranking of 46 places →

More reference data data for Japan

All data for Japan →

Frequently asked questions

What is remittance costs as share of amount remitted in Japan?
Remittance costs as share of amount remitted in Japan was 7.95 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Japan?
The highest recorded value was 16.84 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in Japan?
The lowest recorded value was 7.95 in 2021.
How does Japan rank for remittance costs as share of amount remitted?
Japan ranks 10th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Japan?
Over the last ten years it is down 52.8%. The long-run trend across the full record is falling.
Where does this Japan 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.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).

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