Remittance costs as share of amount remitted in Senegal

Senegal: Remittance costs as share of amount remitted was 3.45 in 2021. ▼ Falling

Latest (2021)
3.45
Change on year
up 5.8%
World rank
42nd
of 46 countries
All-time high
6.21
in 2011
All-time low
3.26
in 2020
Years of data
7
2011–2021

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

02462011201620212011: 6.22015: 4.82017: 4.12018: 3.52019: 3.62020: 3.32021: 3.5

Source: Our World in Data.

Analysis

The most recent figure for remittance costs as share of amount remitted in Senegal is 3.45, measured in 2021.

The figure is up 5.8% on the previous year and down 44.4% over ten years.

Over the whole period, remittance costs as share of amount remitted in Senegal peaked at 6.21 in 2011 and was at its lowest, 3.26, in 2020.

That places Senegal 42nd out of 46 countries with data for 2021, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.42 3.47 6.21 5
2020s 3.35 3.26 3.45 2

Countries ranked near Senegal

  1. 39 Singapore 3.68 compare
  2. 40 Dominican Republic 3.55 compare
  3. 41 Qatar 3.49 compare
  4. 43 Kuwait 2.96 compare
  5. 44 Russia 2.93 compare
  6. 45 Cote d'Ivoire 2.64 compare

See the full ranking of 46 places →

More reference data data for Senegal

All data for Senegal →

Frequently asked questions

What is remittance costs as share of amount remitted in Senegal?
Remittance costs as share of amount remitted in Senegal was 3.45 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Senegal?
The highest recorded value was 6.21 in 2011.
What is the lowest remittance costs as share of amount remitted recorded in Senegal?
The lowest recorded value was 3.26 in 2020.
How does Senegal rank for remittance costs as share of amount remitted?
Senegal ranks 42nd out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Senegal?
Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
Where does this Senegal 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