Remittance costs as a proportion of the amount remitted in Qatar

Qatar: Remittance costs as a proportion of the amount remitted was 3.5% in 2021. β–Ό Falling

Latest (2021)
3.5%
Change on year
down 28.3%
World rank
41st
of 46 countries
All-time high
6.0%
in 2015
All-time low
3.5%
in 2021
Years of data
7
2011–2021

Remittance costs as a proportion of the amount remitted in Qatar, 2011–2021

02462011201620212011: 5 %2015: 6 %2017: 5.3 %2018: 5.2 %2019: 5.1 %2020: 4.9 %2021: 3.5 %

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

Analysis

Qatar recorded 3.5% for remittance costs as a proportion of the amount remitted in 2021. That is the lowest value across all 7 years on record.

That represents a change of down 28.3% on the previous year and down 30.9% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in Qatar peaked at 6.0% in 2015 and was at its lowest, 3.5%, in 2021.

That places Qatar 41st out of 46 countries with data for 2021, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.3% 5.0% 6.0% 5
2020s 4.2% 3.5% 4.9% 2

Countries ranked near Qatar

  1. 38 Malaysia 3.8% compare
  2. 39 Singapore 3.7% compare
  3. 40 Dominican Republic 3.5% compare
  4. 42 Senegal 3.5% compare
  5. 43 Kuwait 3.0% compare
  6. 44 Russia 2.9% compare

See the full ranking of 46 places β†’

More reference data data for Qatar

All data for Qatar β†’

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Qatar?
Remittance costs as a proportion of the amount remitted in Qatar was 3.5% 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 Qatar?
The highest recorded value was 6.0% in 2015.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Qatar?
The lowest recorded value was 3.5% in 2021.
How does Qatar rank for remittance costs as a proportion of the amount remitted?
Qatar ranks 41st out of 46 countries with data for 2021.
Is remittance costs as a proportion of the amount remitted rising or falling in Qatar?
Over the last ten years it is down 30.9%. The long-run trend across the full record is falling.
Where does this Qatar 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

CSV Β· JSON β€” 7 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.