Remittance costs as a proportion of the amount remitted in Spain

Spain: Remittance costs as a proportion of the amount remitted was 5.4% in 2025. ▼ Falling

Latest (2025)
5.4%
Change on year
up 4.3%
World rank
25th
of 47 countries
All-time high
6.6%
in 2011
All-time low
4.8%
in 2023
Years of data
11
2011–2025

Remittance costs as a proportion of the amount remitted in Spain, 2011–2025

02462011201820252011: 6.6 %2015: 6.1 %2017: 5.6 %2018: 5.6 %2019: 5.3 %2020: 5 %2021: 5.2 %2022: 5.5 %2023: 4.8 %2024: 5.2 %2025: 5.4 %

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

Analysis

The most recent figure for remittance costs as a proportion of the amount remitted in Spain is 5.4%, measured in 2025.

The figure is up 4.3% on the previous year and down 11.4% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in Spain peaked at 6.6% in 2011 and was at its lowest, 4.8%, in 2023.

That places Spain 25th out of 47 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 11 years of available data.

Remittance costs as a proportion of the amount remitted in Spain, year by year

Annual values for Remittance costs as a proportion of the amount remitted in Spain, 2011 to 2025.
Year % Change
2011 6.6%
2015 6.1% -8.6%
2017 5.6% -7.1%
2018 5.6% +0.2%
2019 5.3% -5.1%
2020 5.0% -6.0%
2021 5.2% +2.6%
2022 5.5% +6.4%
2023 4.8% -12.9%
2024 5.2% +7.7%
2025 5.4% +4.3%

Spain compared with similar countries

  • Spain's 5.4% is above the median for high income countries, which is 5.1%, 1.0× the median. (30 countries reporting)
  • Spain's 5.4% is above the median for Europe & Central Asia, which is 5.2%, 1.0× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.9% 5.3% 6.6% 5
2020s 5.2% 4.8% 5.5% 6

Countries ranked near Spain

  1. 22 Netherlands 5.5% compare
  2. 22 Saudi Arabia 5.5% compare
  3. 24 South Korea 5.5% compare
  4. 26 Canada 5.3% compare
  5. 27 Australia 5.2% compare
  6. 27 France 5.2% compare

See the full ranking of 47 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Spain?
Remittance costs as a proportion of the amount remitted in Spain was 5.4% in 2025, according to World Bank – processed by Our World in Data.
What is the highest remittance costs as a proportion of the amount remitted recorded in Spain?
The highest recorded value was 6.6% in 2011.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Spain?
The lowest recorded value was 4.8% in 2023.
How does Spain rank for remittance costs as a proportion of the amount remitted?
Spain ranks 25th out of 47 countries with data for 2025.
Is remittance costs as a proportion of the amount remitted rising or falling in Spain?
Over the last ten years it is down 11.4%. The long-run trend across the full record is falling.
Where does this Spain data come from?
The figures come from World Bank – 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.

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Remittance costs as a proportion of the amount remitted in Spain. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/spain/

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About this data

Indicator
Remittance costs as a proportion of the amount remitted
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 475 data points, 2011–2025
Last refreshed

Average remittance costs of sending $200 for a sending country as a proportion of the amount remitted (%).