Average transaction cost of sending remittances from a specific in Jordan
Jordan: Average transaction cost of sending remittances from a specific was 2.3% in 2023. ▼ Falling
Average transaction cost of sending remittances from a specific in Jordan, 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
Jordan recorded 2.3% for average transaction cost of sending remittances from a specific in 2023. That is the lowest value across all 7 years on record.
That represents a change of down 7.5% on the previous year and down 71.0% over ten years.
That places Jordan 35th out of 44 countries with data for 2023, putting it in the bottom quarter.
Average transaction cost of sending remittances from a specific in Jordan, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 7.8% | — |
| 2018 | 4.2% | -46.3% |
| 2019 | 4.2% | +0.6% |
| 2020 | 4.8% | +13.0% |
| 2021 | 2.4% | -49.3% |
| 2022 | 2.4% | +1.5% |
| 2023 | 2.3% | -7.5% |
Jordan compared with similar countries
- Jordan's 2.3% is below the median for upper middle income countries, which is 3.7%, 60% of the median. (7 countries reporting)
- Jordan's 2.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.3%, 53% of the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.4% | 4.2% | 7.8% | 3 |
| 2020s | 3.0% | 2.3% | 4.8% | 4 |
Countries ranked near Jordan
More financial sector data for Jordan
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1387 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1013 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1387 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 Jordan?
- Average transaction cost of sending remittances from a specific in Jordan was 2.3% 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 Jordan?
- The highest recorded value was 7.8% in 2016.
- What is the lowest average transaction cost of sending remittances from a specific recorded in Jordan?
- The lowest recorded value was 2.3% in 2023.
- How does Jordan rank for average transaction cost of sending remittances from a specific?
- Jordan ranks 35th out of 44 countries with data for 2023.
- Is average transaction cost of sending remittances from a specific rising or falling in Jordan?
- Over the last ten years it is down 71.0%. The long-run trend across the full record is falling.
- Where does this Jordan 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 — 7 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.