Average transaction cost of sending remittances from a specific in France
France: Average transaction cost of sending remittances from a specific was 2.9% in 2023. ▼ Falling
Average transaction cost of sending remittances from a specific in France, 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
France recorded 2.9% for average transaction cost of sending remittances from a specific in 2023. That is the lowest value across all 8 years on record.
The figure is down 1.8% on the previous year and down 63.2% over ten years.
France ranks 29th of 44 countries on this measure, in the middle of the range.
Average transaction cost of sending remittances from a specific in France, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 7.9% | — |
| 2017 | 7.1% | -9.6% |
| 2018 | 6.1% | -14.7% |
| 2019 | 5.3% | -11.9% |
| 2020 | 5.1% | -5.5% |
| 2021 | 4.4% | -12.8% |
| 2022 | 2.9% | -33.1% |
| 2023 | 2.9% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.6% | 5.3% | 7.9% | 4 |
| 2020s | 3.8% | 2.9% | 5.1% | 4 |
Countries ranked near France
More financial sector data for France
- Reserve position in the IMF, US dollar, annual growth rate 12.73 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.69 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.35 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.44 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 12.73 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.69 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.35 % change on previous year (2025)
Frequently asked questions
- What is average transaction cost of sending remittances from a specific in France?
- Average transaction cost of sending remittances from a specific in France was 2.9% 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 France?
- The highest recorded value was 7.9% in 2016.
- What is the lowest average transaction cost of sending remittances from a specific recorded in France?
- The lowest recorded value was 2.9% in 2023.
- How does France rank for average transaction cost of sending remittances from a specific?
- France ranks 29th out of 44 countries with data for 2023.
- Is average transaction cost of sending remittances from a specific rising or falling in France?
- Over the last ten years it is down 63.2%. The long-run trend across the full record is falling.
- Where does this France 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.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.