Remittance costs as share of amount remitted in Thailand

Thailand: Remittance costs as share of amount remitted was 11.56 in 2021. ▼ Falling

Latest (2021)
11.56
Change on year
down 13.1%
World rank
7th
of 46 countries
All-time high
16.91
in 2017
All-time low
11.56
in 2021
Years of data
5
2017–2021

Remittance costs as share of amount remitted in Thailand, 2017–2021

0510152017201920212017: 16.92018: 15.82019: 12.92020: 13.32021: 11.6

Source: Our World in Data.

Analysis

Thailand recorded 11.56 for remittance costs as share of amount remitted in 2021. That is the lowest value across all 5 years on record.

That represents a change of down 13.1% on the previous year and down 31.6% over five years.

That places Thailand 7th out of 46 countries with data for 2021, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.22 12.9 16.91 3
2020s 12.44 11.56 13.31 2

Countries ranked near Thailand

  1. 4 South Africa 14.81 compare
  2. 5 Israel 13.91 compare
  3. 6 Angola 12.68 compare
  4. 8 Kenya 9.23 compare
  5. 9 Ghana 8.08 compare
  6. 10 Japan 7.95 compare

See the full ranking of 46 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is remittance costs as share of amount remitted in Thailand?
Remittance costs as share of amount remitted in Thailand was 11.56 in 2021, according to Our World in Data.
What is the highest remittance costs as share of amount remitted recorded in Thailand?
The highest recorded value was 16.91 in 2017.
What is the lowest remittance costs as share of amount remitted recorded in Thailand?
The lowest recorded value was 11.56 in 2021.
How does Thailand rank for remittance costs as share of amount remitted?
Thailand ranks 7th out of 46 countries with data for 2021.
Where does this Thailand 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