Remittance costs as a proportion of the amount remitted in Pakistan
Pakistan: Remittance costs as a proportion of the amount remitted was 7.8% in 2023. ▼ Falling
Latest (2023)
7.8%
Change on year
up 65.3%
World rank
13th
of 47 countries
All-time high
15.5%
in 2020
All-time low
4.7%
in 2021
Years of data
6
2017–2023
Remittance costs as a proportion of the amount remitted in Pakistan, 2017–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, remittance costs as a proportion of the amount remitted in Pakistan stood at 7.8%.
The figure is up 65.3% on the previous year and down 35.6% over ten years.
That places Pakistan 13th out of 47 countries with data for 2023, putting it in the middle of the range.
Remittance costs as a proportion of the amount remitted in Pakistan, year by year
| Year | % | Change |
|---|---|---|
| 2017 | 12.1% | — |
| 2018 | 12.0% | -0.7% |
| 2019 | 13.9% | +16.1% |
| 2020 | 15.5% | +11.4% |
| 2021 | 4.7% | -69.7% |
| 2023 | 7.8% | +65.3% |
Pakistan compared with similar countries
- Pakistan's 7.8% is below the median for lower middle income countries, which is 12.4%, 63% of the median. (9 countries reporting)
- Pakistan's 7.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.4%, 1.8× the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.7% | 12.0% | 13.9% | 3 |
| 2020s | 9.3% | 4.7% | 15.5% | 3 |
Countries ranked near Pakistan
More reference data data for Pakistan
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 6.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 20.96 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 61.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.98 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 61.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 20.3 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.75 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 91.27 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 260 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.79 (2050)
Frequently asked questions
- What is remittance costs as a proportion of the amount remitted in Pakistan?
- Remittance costs as a proportion of the amount remitted in Pakistan was 7.8% in 2023, 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 Pakistan?
- The highest recorded value was 15.5% in 2020.
- What is the lowest remittance costs as a proportion of the amount remitted recorded in Pakistan?
- The lowest recorded value was 4.7% in 2021.
- How does Pakistan rank for remittance costs as a proportion of the amount remitted?
- Pakistan ranks 13th out of 47 countries with data for 2023.
- Is remittance costs as a proportion of the amount remitted rising or falling in Pakistan?
- Over the last ten years it is down 35.6%. The long-run trend across the full record is falling.
- Where does this Pakistan 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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About this data
Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).