Remittance costs as share of amount remitted in New Zealand

New Zealand: Remittance costs as share of amount remitted was 7.35 in 2021. ▼ Falling

Latest (2021)
7.35
Change on year
down 6.1%
World rank
13th
of 46 countries
All-time high
11.99
in 2011
All-time low
7.35
in 2021
Years of data
7
2011–2021

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

02.557.51012.52011201620212011: 122015: 8.32017: 9.22018: 8.32019: 8.22020: 7.82021: 7.3

Source: Our World in Data.

Analysis

New Zealand recorded 7.35 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 6.1% on the previous year and down 38.7% over ten years.

Over the whole period, remittance costs as share of amount remitted in New Zealand peaked at 11.99 in 2011 and was at its lowest, 7.35, in 2021.

New Zealand ranks 13th of 46 countries on this measure, in the middle of the range.

Remittance costs as share of amount remitted in New Zealand, year by year

Annual values for Remittance costs as share of amount remitted in New Zealand, 2011 to 2021.
Year Value Change
2011 11.99
2015 8.32 -30.6%
2017 9.18 +10.3%
2018 8.28 -9.8%
2019 8.25 -0.4%
2020 7.83 -5.1%
2021 7.35 -6.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.2 8.25 11.99 5
2020s 7.59 7.35 7.83 2

Countries ranked near New Zealand

  1. 10 Japan 7.95 compare
  2. 11 Costa Rica 7.5 compare
  3. 12 Sweden 7.36 compare
  4. 14 Australia 7.25 compare
  5. 15 Czechia 7.07 compare
  6. 16 Belgium 6.9 compare

See the full ranking of 46 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is remittance costs as share of amount remitted in New Zealand?
Remittance costs as share of amount remitted in New Zealand was 7.35 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in New Zealand?
The highest recorded value was 11.99 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in New Zealand?
The lowest recorded value was 7.35 in 2021.
How does New Zealand rank for remittance costs as share of amount remitted?
New Zealand ranks 13th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in New Zealand?
Over the last ten years it is down 38.7%. The long-run trend across the full record is falling.
Where does this New Zealand 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 New Zealand. Statizoid, drawing on Our World in Data. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/new-zealand/

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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