Remittance costs as a proportion of the amount remitted in Oman

Oman: Remittance costs as a proportion of the amount remitted was 4.3% in 2021. ▲ Rising

Latest (2021)
4.3%
Change on year
up 1.9%
World rank
35th
of 46 countries
All-time high
4.3%
in 2021
All-time low
3.9%
in 2017
Years of data
5
2017–2021

Remittance costs as a proportion of the amount remitted in Oman, 2017–2021

012342017201920212017: 3.9 %2018: 4.3 %2019: 4.2 %2020: 4.2 %2021: 4.3 %

Source: World Bank (2023) – processed by Our World in Data. Measured in %.

Analysis

Oman recorded 4.3% for remittance costs as a proportion of the amount remitted in 2021. That is the highest value across all 5 years on record.

The figure is up 1.9% on the previous year and up 11.4% over five years.

Oman ranks 35th of 46 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.1% 3.9% 4.3% 3
2020s 4.3% 4.2% 4.3% 2

Countries ranked near Oman

  1. 32 Brazil 4.8% compare
  2. 33 Italy 4.8% compare
  3. 34 Pakistan 4.7% compare
  4. 36 South Korea 4.2% compare
  5. 37 United Arab Emirates 3.9% compare
  6. 38 Malaysia 3.8% compare

See the full ranking of 46 places →

More reference data data for Oman

All data for Oman →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Oman?
Remittance costs as a proportion of the amount remitted in Oman was 4.3% in 2021, according to World Bank (2023) – processed by Our World in Data.
What is the highest remittance costs as a proportion of the amount remitted recorded in Oman?
The highest recorded value was 4.3% in 2021.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Oman?
The lowest recorded value was 3.9% in 2017.
How does Oman rank for remittance costs as a proportion of the amount remitted?
Oman ranks 35th out of 46 countries with data for 2021.
Where does this Oman data come from?
The figures come from World Bank (2023) – 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.

Download this data

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About this data

Indicator
Remittance costs as a proportion of the amount remitted
Unit
%
Source
World Bank (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
46 places, 291 data points, 2011–2021
Last refreshed

The average remittance cost of sending $200 (or equivalent in local sending currency) from each country, expressed as a percentage.