Average transaction cost of sending remittances to a specific country in Kazakhstan
Kazakhstan: Average transaction cost of sending remittances to a specific country was 1.2% in 2021. ▼ Falling
Average transaction cost of sending remittances to a specific country in Kazakhstan, 2016–2021
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
Kazakhstan recorded 1.2% for average transaction cost of sending remittances to a specific country in 2021.
Compared with earlier readings it is up 17.1% on the previous year and down 13.9% over ten years.
That places Kazakhstan 91st out of 100 countries with data for 2021, putting it in the bottom quarter.
Average transaction cost of sending remittances to a specific country in Kazakhstan, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 1.4% | — |
| 2017 | 1.0% | -23.1% |
| 2018 | 1.3% | +22.8% |
| 2019 | 1.0% | -21.8% |
| 2020 | 1.0% | -0.3% |
| 2021 | 1.2% | +17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.2% | 1.0% | 1.4% | 4 |
| 2020s | 1.1% | 1.0% | 1.2% | 2 |
Countries ranked near Kazakhstan
More financial sector data for Kazakhstan
- 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 13.02 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 9.51 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 13.02 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 Kazakhstan?
- Average transaction cost of sending remittances to a specific country in Kazakhstan was 1.2% in 2021, according to Remittance Prices Worldwide, World Bank (WB).
- What is the highest average transaction cost of sending remittances to a specific country recorded in Kazakhstan?
- The highest recorded value was 1.4% in 2016.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in Kazakhstan?
- The lowest recorded value was 1.0% in 2020.
- How does Kazakhstan rank for average transaction cost of sending remittances to a specific country?
- Kazakhstan ranks 91st out of 100 countries with data for 2021.
- Is average transaction cost of sending remittances to a specific country rising or falling in Kazakhstan?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is falling.
- Where does this Kazakhstan 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.