Remittance costs as share of amount remitted in Norway

Norway: Remittance costs as share of amount remitted was 5.07 in 2021. ▼ Falling

Latest (2021)
5.07
Change on year
up 24.3%
World rank
30th
of 46 countries
All-time high
13.08
in 2011
All-time low
4.08
in 2020
Years of data
7
2011–2021

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

4681012142011201620212011: 13.12015: 8.82017: 6.22018: 6.22019: 6.22020: 4.12021: 5.1

Source: Our World in Data.

Analysis

Norway recorded 5.07 for remittance costs as share of amount remitted in 2021.

That represents a change of up 24.3% on the previous year and down 61.2% over ten years.

Over the whole period, remittance costs as share of amount remitted in Norway peaked at 13.08 in 2011 and was at its lowest, 4.08, in 2020.

That places Norway 30th out of 46 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.11 6.21 13.08 5
2020s 4.58 4.08 5.07 2

Countries ranked near Norway

  1. 27 Chile 5.26 compare
  2. 28 Rwanda 5.21 compare
  3. 29 Spain 5.16 compare
  4. 31 Saudi Arabia 4.87 compare
  5. 32 Brazil 4.81 compare
  6. 33 Italy 4.76 compare

See the full ranking of 46 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is remittance costs as share of amount remitted in Norway?
Remittance costs as share of amount remitted in Norway was 5.07 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Norway?
The highest recorded value was 13.08 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in Norway?
The lowest recorded value was 4.08 in 2020.
How does Norway rank for remittance costs as share of amount remitted?
Norway ranks 30th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Norway?
Over the last ten years it is down 61.2%. The long-run trend across the full record is falling.
Where does this Norway 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

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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