Remittance costs as share of amount remitted in Switzerland

Switzerland: Remittance costs as share of amount remitted was 6.28 in 2021. ▼ Falling

Latest (2021)
6.28
Change on year
down 23.9%
World rank
22nd
of 46 countries
All-time high
15.38
in 2015
All-time low
6.28
in 2021
Years of data
7
2011–2021

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

0510152011201620212011: 11.72015: 15.42017: 9.92018: 9.12019: 8.42020: 8.22021: 6.3

Source: Our World in Data.

Analysis

Switzerland recorded 6.28 for remittance costs as share of amount remitted in 2021. That is the lowest value across all 7 years on record.

Compared with earlier readings it is down 23.9% on the previous year and down 46.1% over ten years.

Over the whole period, remittance costs as share of amount remitted in Switzerland peaked at 15.38 in 2015 and was at its lowest, 6.28, in 2021.

That places Switzerland 22nd out of 46 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.89 8.45 15.38 5
2020s 7.27 6.28 8.25 2

Countries ranked near Switzerland

  1. 19 Netherlands 6.55 compare
  2. 20 Austria 6.39 compare
  3. 21 Germany 6.37 compare
  4. 23 France 6.21 compare
  5. 24 United Kingdom 6.06 compare
  6. 25 Portugal 6.03 compare

See the full ranking of 46 places →

More reference data data for Switzerland

All data for Switzerland →

Frequently asked questions

What is remittance costs as share of amount remitted in Switzerland?
Remittance costs as share of amount remitted in Switzerland was 6.28 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Switzerland?
The highest recorded value was 15.38 in 2015.
What is the lowest remittance costs as share of amount remitted recorded in Switzerland?
The lowest recorded value was 6.28 in 2021.
How does Switzerland rank for remittance costs as share of amount remitted?
Switzerland ranks 22nd out of 46 countries with data for 2021.
Is remittance costs as share of amount remitted rising or falling in Switzerland?
Over the last ten years it is down 46.1%. The long-run trend across the full record is falling.
Where does this Switzerland 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