Remittance costs as share of amount remitted in South Africa
South Africa: Remittance costs as share of amount remitted was 14.81 in 2021. ▼ Falling
Latest (2021)
14.81
Change on year
down 1.6%
World rank
4th
of 46 countries
All-time high
17.73
in 2011
All-time low
14.81
in 2021
Years of data
7
2011–2021
Remittance costs as share of amount remitted in South Africa, 2011–2021
Source: Our World in Data.
Analysis
The most recent figure for remittance costs as share of amount remitted in South Africa is 14.81, measured in 2021. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 1.6% on the previous year and down 16.5% over ten years.
Over the whole period, remittance costs as share of amount remitted in South Africa peaked at 17.73 in 2011 and was at its lowest, 14.81, in 2021.
South Africa ranks 4th of 46 countries on this measure, in the top 10%.
Remittance costs as share of amount remitted in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 17.73 | — |
| 2015 | 15.19 | -14.3% |
| 2017 | 16.57 | +9.1% |
| 2018 | 15.82 | -4.5% |
| 2019 | 15.96 | +0.9% |
| 2020 | 15.05 | -5.7% |
| 2021 | 14.81 | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.25 | 15.19 | 17.73 | 5 |
| 2020s | 14.93 | 14.81 | 15.05 | 2 |
Countries ranked near South Africa
More reference data data for South Africa
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 8.71 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.63 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7468 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.63 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.71 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.49 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 41.1 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 63.65 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.07 (2050)
Frequently asked questions
- What is remittance costs as share of amount remitted in South Africa?
- Remittance costs as share of amount remitted in South Africa was 14.81 in 2021, according to Our World in Data.
- What is the highest remittance costs as share of amount remitted recorded in South Africa?
- The highest recorded value was 17.73 in 2011.
- What is the lowest remittance costs as share of amount remitted recorded in South Africa?
- The lowest recorded value was 14.81 in 2021.
- How does South Africa rank for remittance costs as share of amount remitted?
- South Africa ranks 4th out of 46 countries with data for 2021.
- Is remittance costs as share of amount remitted rising or falling in South Africa?
- Over the last ten years it is down 16.5%. The long-run trend across the full record is falling.
- Where does this South Africa 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).