Remittance costs as a proportion of the amount remitted in United Kingdom

United Kingdom: Remittance costs as a proportion of the amount remitted was 4.6% in 2025. ▼ Falling

Latest (2025)
4.6%
Change on year
down 19.8%
World rank
32nd
of 47 countries
All-time high
7.7%
in 2011
All-time low
4.6%
in 2025
Years of data
11
2011–2025

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

024682011201820252011: 7.7 %2015: 7.4 %2017: 7 %2018: 7.1 %2019: 7.3 %2020: 6.6 %2021: 6.1 %2022: 6.3 %2023: 6 %2024: 5.8 %2025: 4.6 %

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 United Kingdom is 4.6%, measured in 2025. That is the lowest value across all 11 years on record.

The figure is down 19.8% on the previous year and down 37.8% over ten years.

Over the whole period, remittance costs as a proportion of the amount remitted in United Kingdom peaked at 7.7% in 2011 and was at its lowest, 4.6%, in 2025.

That places United Kingdom 32nd 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 United Kingdom, year by year

Annual values for Remittance costs as a proportion of the amount remitted in United Kingdom, 2011 to 2025.
Year % Change
2011 7.7% —
2015 7.4% -4.1%
2017 7.0% -5.4%
2018 7.1% +1.0%
2019 7.3% +2.8%
2020 6.6% -9.8%
2021 6.1% -7.8%
2022 6.3% +4.5%
2023 6.0% -5.7%
2024 5.8% -3.7%
2025 4.6% -19.8%

United Kingdom compared with similar countries

  • United Kingdom's 4.6% is below the median for high income countries, which is 5.1%, 90% of the median. (30 countries reporting)
  • United Kingdom's 4.6% is below the median for Europe & Central Asia, which is 5.2%, 88% of the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.3% 7.0% 7.7% 5
2020s 5.9% 4.6% 6.6% 6

Countries ranked near United Kingdom

  1. 29 United States 5.0% compare
  2. 30 Chile 4.9% compare
  3. 31 Qatar 4.7% compare
  4. 33 Portugal 4.5% compare
  5. 34 Germany 4.5% compare
  6. 34 Malaysia 4.5% compare

See the full ranking of 47 places →

More reference data data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is remittance costs as a proportion of the amount remitted in United Kingdom?
Remittance costs as a proportion of the amount remitted in United Kingdom was 4.6% 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 United Kingdom?
The highest recorded value was 7.7% in 2011.
What is the lowest remittance costs as a proportion of the amount remitted recorded in United Kingdom?
The lowest recorded value was 4.6% in 2025.
How does United Kingdom rank for remittance costs as a proportion of the amount remitted?
United Kingdom ranks 32nd out of 47 countries with data for 2025.
Is remittance costs as a proportion of the amount remitted rising or falling in United Kingdom?
Over the last ten years it is down 37.8%. The long-run trend across the full record is falling.
Where does this United Kingdom 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 United Kingdom. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 01 October 2026, from https://reference.statizoid.com/stat/remittance-costs-as-share-of-amount-remitted/united-kingdom/

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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 (%).