Average transaction cost of sending remittances from a specific in Cote d'Ivoire
Cote d'Ivoire: Average transaction cost of sending remittances from a specific was 3.1% in 2023. ▬ Flat
Average transaction cost of sending remittances from a specific in Cote d'Ivoire, 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
The most recent figure for average transaction cost of sending remittances from a specific in Cote d'Ivoire is 3.1%, measured in 2023.
The figure is up 52.7% on the previous year and down 4.9% over ten years.
That places Cote d'Ivoire 25th out of 44 countries with data for 2023, putting it in the middle of the range.
Average transaction cost of sending remittances from a specific in Cote d'Ivoire, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 3.2% | — |
| 2017 | 1.1% | -66.5% |
| 2018 | 3.1% | +188.7% |
| 2019 | 2.6% | -17.1% |
| 2020 | 2.5% | -2.4% |
| 2021 | 2.4% | -4.6% |
| 2022 | 2.0% | -16.6% |
| 2023 | 3.1% | +52.7% |
Cote d'Ivoire compared with similar countries
- Cote d'Ivoire's 3.1% is below the median for lower middle income countries, which is 6.5%, 47% of the median. (6 countries reporting)
- Cote d'Ivoire's 3.1% is below the median for Sub-Saharan Africa, which is 5.3%, 58% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.5% | 1.1% | 3.2% | 4 |
| 2020s | 2.5% | 2.0% | 3.1% | 4 |
Countries ranked near Cote d'Ivoire
- 22 United Kingdom 3.6% compare
- 23 United States 3.5% compare
- 24 United Arab Emirates 3.1% compare
- 26 Netherlands 3.0% compare
- 27 Germany 3.0% compare
- 28 Canada 3.0% compare
More financial sector data for Cote d'Ivoire
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.49 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.49 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is average transaction cost of sending remittances from a specific in Cote d'Ivoire?
- Average transaction cost of sending remittances from a specific in Cote d'Ivoire was 3.1% in 2023, according to Remittance Prices Worldwide, World Bank (WB).
- What is the highest average transaction cost of sending remittances from a specific recorded in Cote d'Ivoire?
- The highest recorded value was 3.2% in 2016.
- What is the lowest average transaction cost of sending remittances from a specific recorded in Cote d'Ivoire?
- The lowest recorded value was 1.1% in 2017.
- How does Cote d'Ivoire rank for average transaction cost of sending remittances from a specific?
- Cote d'Ivoire ranks 25th out of 44 countries with data for 2023.
- Is average transaction cost of sending remittances from a specific rising or falling in Cote d'Ivoire?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is flat.
- Where does this Cote d'Ivoire data come from?
- The figures come from Remittance Prices Worldwide, World Bank (WB), published as part of Average transaction cost of sending remittances from a specific country (%). Statizoid updates them automatically from the source API.
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About this data
Average transaction cost of sending remittance from a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database from a specific country.