Average transaction cost of sending remittances to a specific country in Kosovo
Kosovo: 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, 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 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.
Kosovo ranks 43rd of 100 countries on this measure, in the middle of the range.
Average transaction cost of sending remittances to a specific country in Kosovo, 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
- 40 Viet Nam 3.5% compare
- 41 Bolivia, Plurinational State of 3.4% compare
- 42 Cape Verde 3.4% compare
- 43 Kosovo (UNSCR 1244) 3.4% compare
- 45 Ethiopia 3.4% compare
- 46 Jordan 3.4% compare
More financial sector data for Kosovo
- Total reserves in months of imports, annual growth rate -3.12 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Net domestic credit (current LCU), annual growth rate 17.34 % change on previous year (2024)
- Net domestic credit (current LCU), per unit of GDP 0.5007 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), per capita 3,518 current LCU per person (2024)
- Net foreign assets (current LCU), annual growth rate -3.14 % change on previous year (2024)
- Net foreign assets (current LCU), per unit of GDP 0.2147 current LCU per US$ of GDP (2024)
- Net foreign assets (current LCU), per capita 1,508 current LCU per person (2024)
- Net migration, annual growth rate 17.13 % change on previous year (2025)
Frequently asked questions
- What is average transaction cost of sending remittances to a specific country in Kosovo?
- Average transaction cost of sending remittances to a specific country in Kosovo 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?
- 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?
- The lowest recorded value was 3.4% in 2023.
- How does Kosovo rank for average transaction cost of sending remittances to a specific country?
- Kosovo 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?
- Over the last ten years it is down 66.1%. The long-run trend across the full record is falling.
- Where does this Kosovo 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.