Average transaction cost of sending remittances to a specific country in Haiti
Haiti: Average transaction cost of sending remittances to a specific country was 4.7% in 2023. ▼ Falling
Average transaction cost of sending remittances to a specific country in Haiti, 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
Haiti recorded 4.7% for average transaction cost of sending remittances to a specific country in 2023.
That represents a change of down 10.8% on the previous year and down 38.1% over ten years.
That places Haiti 24th out of 100 countries with data for 2023, putting it in the top quarter.
Average transaction cost of sending remittances to a specific country in Haiti, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 7.6% | — |
| 2017 | 7.9% | +4.6% |
| 2018 | 6.4% | -19.0% |
| 2019 | 5.4% | -15.7% |
| 2020 | 6.3% | +16.6% |
| 2021 | 4.0% | -37.0% |
| 2022 | 5.3% | +32.1% |
| 2023 | 4.7% | -10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.8% | 5.4% | 7.9% | 4 |
| 2020s | 5.1% | 4.0% | 6.3% | 4 |
Countries ranked near Haiti
More financial sector data for Haiti
- 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 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.36 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.73 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 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.36 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 to a specific country in Haiti?
- Average transaction cost of sending remittances to a specific country in Haiti was 4.7% in 2023, according to Remittance Prices Worldwide, World Bank (WB).
- What is the highest average transaction cost of sending remittances to a specific country recorded in Haiti?
- The highest recorded value was 7.9% in 2017.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in Haiti?
- The lowest recorded value was 4.0% in 2021.
- How does Haiti rank for average transaction cost of sending remittances to a specific country?
- Haiti ranks 24th out of 100 countries with data for 2023.
- Is average transaction cost of sending remittances to a specific country rising or falling in Haiti?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is falling.
- Where does this Haiti data come from?
- The figures come from Remittance Prices Worldwide, World Bank (WB), published as part of Average transaction cost of sending remittances to a specific country (%). Statizoid updates them automatically from the source API.
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About this data
Average transaction cost of sending remittance to 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 to a specific country.