Remittance costs as share of amount remitted in Portugal

Portugal: Remittance costs as share of amount remitted was 6.03 in 2021. ▼ Falling

Latest (2021)
6.03
Change on year
down 15.8%
World rank
25th
of 46 countries
All-time high
7.9
in 2017
All-time low
5.74
in 2018
Years of data
5
2017–2021

Remittance costs as share of amount remitted in Portugal, 2017–2021

024682017201920212017: 7.92018: 5.72019: 7.72020: 7.22021: 6

Source: Our World in Data.

Analysis

In 2021, remittance costs as share of amount remitted in Portugal stood at 6.03.

That represents a change of down 15.8% on the previous year and down 23.7% over five years.

That places Portugal 25th out of 46 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.11 5.74 7.9 3
2020s 6.6 6.03 7.16 2

Countries ranked near Portugal

  1. 22 Switzerland 6.28 compare
  2. 23 France 6.21 compare
  3. 24 United Kingdom 6.06 compare
  4. 26 United States 5.61 compare
  5. 27 Chile 5.26 compare
  6. 28 Rwanda 5.21 compare

See the full ranking of 46 places →

More reference data data for Portugal

All data for Portugal →

Frequently asked questions

What is remittance costs as share of amount remitted in Portugal?
Remittance costs as share of amount remitted in Portugal was 6.03 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Portugal?
The highest recorded value was 7.9 in 2017.
What is the lowest remittance costs as share of amount remitted recorded in Portugal?
The lowest recorded value was 5.74 in 2018.
How does Portugal rank for remittance costs as share of amount remitted?
Portugal ranks 25th out of 46 countries with data for 2021.
Where does this Portugal 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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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