Remittance costs as a proportion of the amount remitted in Switzerland

Switzerland: Remittance costs as a proportion of the amount remitted was 6.7% in 2025. ▼ Falling

Latest (2025)
6.7%
Change on year
down 14.5%
World rank
18th
of 47 countries
All-time high
15.4%
in 2015
All-time low
6.3%
in 2021
Years of data
11
2011–2025

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

0510152011201820252011: 11.7 %2015: 15.4 %2017: 9.9 %2018: 9.1 %2019: 8.4 %2020: 8.2 %2021: 6.3 %2022: 7.2 %2023: 7.5 %2024: 7.8 %2025: 6.7 %

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

Analysis

Switzerland recorded 6.7% for remittance costs as a proportion of the amount remitted in 2025.

Compared with earlier readings it is down 14.5% on the previous year and down 56.5% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in Switzerland peaked at 15.4% in 2015 and was at its lowest, 6.3%, in 2021.

That places Switzerland 18th 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 Switzerland, year by year

Annual values for Remittance costs as a proportion of the amount remitted in Switzerland, 2011 to 2025.
Year % Change
2011 11.7% —
2015 15.4% +32.0%
2017 9.9% -35.7%
2018 9.1% -8.4%
2019 8.4% -6.7%
2020 8.2% -2.4%
2021 6.3% -23.9%
2022 7.2% +15.0%
2023 7.5% +4.3%
2024 7.8% +3.9%
2025 6.7% -14.5%

Switzerland compared with similar countries

  • Switzerland's 6.7% is above the median for high income countries, which is 5.1%, 1.3× the median. (30 countries reporting)
  • Switzerland's 6.7% is above the median for Europe & Central Asia, which is 5.2%, 1.3× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.9% 8.4% 15.4% 5
2020s 7.3% 6.3% 8.2% 6

Countries ranked near Switzerland

  1. 15 Italy 7.4% compare
  2. 16 Sweden 6.9% compare
  3. 17 Costa Rica 6.9% compare
  4. 19 Czechia 6.3% compare
  5. 20 Cote d'Ivoire 6.2% compare
  6. 21 New Zealand 6.0% compare

See the full ranking of 47 places →

More reference data data for Switzerland

All data for Switzerland →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in Switzerland?
Remittance costs as a proportion of the amount remitted in Switzerland was 6.7% 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 Switzerland?
The highest recorded value was 15.4% in 2015.
What is the lowest remittance costs as a proportion of the amount remitted recorded in Switzerland?
The lowest recorded value was 6.3% in 2021.
How does Switzerland rank for remittance costs as a proportion of the amount remitted?
Switzerland ranks 18th out of 47 countries with data for 2025.
Is remittance costs as a proportion of the amount remitted rising or falling in Switzerland?
Over the last ten years it is down 56.5%. The long-run trend across the full record is falling.
Where does this Switzerland 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 Switzerland. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/switzerland/

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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 (%).