Average transaction cost of sending remittances to a specific country in Kosovo (UNSCR 1244)
Kosovo (UNSCR 1244): Average transaction cost of sending remittances to a specific country was 3.4% in 2023. ▼ Falling
Average transaction cost of sending remittances to a specific country in Kosovo (UNSCR 1244), 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
The most recent figure for average transaction cost of sending remittances to a specific country in Kosovo (UNSCR 1244) is 3.4%, measured in 2023. That is the lowest value across all 8 years on record.
That represents a change of down 10.2% on the previous year and down 66.1% over ten years.
That places Kosovo (UNSCR 1244) 43rd out of 100 countries with data for 2023, putting it in the middle of the range.
Average transaction cost of sending remittances to a specific country in Kosovo (UNSCR 1244), year by year
| Year | % | Change |
|---|---|---|
| 2016 | 10.1% | — |
| 2017 | 5.5% | -45.6% |
| 2018 | 5.1% | -7.6% |
| 2019 | 4.6% | -9.0% |
| 2020 | 4.1% | -11.9% |
| 2021 | 4.2% | +1.9% |
| 2022 | 3.8% | -8.2% |
| 2023 | 3.4% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.3% | 4.6% | 10.1% | 4 |
| 2020s | 3.9% | 3.4% | 4.2% | 4 |
Countries ranked near Kosovo (UNSCR 1244)
More financial sector data for Kosovo (UNSCR 1244)
- Net migration -18,380 (2025)
- Official exchange rate 0.8871 LCU per US$, period average (2025)
- Domestic credit to private sector 65.6% (2025)
- Claims on central government, etc. 3.3% (2025)
- Broad money 59.6% (2024)
- Monetary Sector credit to private sector 55.7% (2024)
- Net foreign assets 2.40 billion current LCU (2024)
- Net domestic credit 5.61 billion current LCU (2024)
- Total reserves in months of imports 1.82 (2025)
- Domestic credit to private sector by banks 59.9% (2025)
Frequently asked questions
- What is average transaction cost of sending remittances to a specific country in Kosovo (UNSCR 1244)?
- Average transaction cost of sending remittances to a specific country in Kosovo (UNSCR 1244) was 3.4% 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 Kosovo (UNSCR 1244)?
- The highest recorded value was 10.1% in 2016.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in Kosovo (UNSCR 1244)?
- The lowest recorded value was 3.4% in 2023.
- How does Kosovo (UNSCR 1244) rank for average transaction cost of sending remittances to a specific country?
- Kosovo (UNSCR 1244) ranks 43rd out of 100 countries with data for 2023.
- Is average transaction cost of sending remittances to a specific country rising or falling in Kosovo (UNSCR 1244)?
- Over the last ten years it is down 66.1%. The long-run trend across the full record is falling.
- Where does this Kosovo (UNSCR 1244) 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.