Remittance costs as share of amount remitted in Russia

Russia: Remittance costs as share of amount remitted was 2.93 in 2021. ▼ Falling

Latest (2021)
2.93
Change on year
up 51.0%
World rank
44th
of 46 countries
All-time high
2.93
in 2021
All-time low
1.59
in 2019
Years of data
7
2011–2021

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

01232011201620212011: 2.72015: 1.92017: 2.12018: 1.92019: 1.62020: 1.92021: 2.9

Source: Our World in Data.

Analysis

Russia recorded 2.93 for remittance costs as share of amount remitted in 2021. That is the highest value across all 7 years on record.

The figure is up 51.0% on the previous year and up 9.3% over ten years.

Over the whole period, remittance costs as share of amount remitted in Russia peaked at 2.93 in 2021 and was at its lowest, 1.59, in 2019.

That places Russia 44th out of 46 countries with data for 2021, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.03 1.59 2.68 5
2020s 2.44 1.94 2.93 2

Countries ranked near Russia

  1. 41 Qatar 3.49 compare
  2. 42 Senegal 3.45 compare
  3. 43 Kuwait 2.96 compare
  4. 45 Cote d'Ivoire 2.64 compare
  5. 46 Bahrain 2.47 compare

See the full ranking of 46 places →

More reference data data for Russia

All data for Russia →

Frequently asked questions

What is remittance costs as share of amount remitted in Russia?
Remittance costs as share of amount remitted in Russia was 2.93 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Russia?
The highest recorded value was 2.93 in 2021.
What is the lowest remittance costs as share of amount remitted recorded in Russia?
The lowest recorded value was 1.59 in 2019.
How does Russia rank for remittance costs as share of amount remitted?
Russia ranks 44th out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Russia?
Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.
Where does this Russia 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

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

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