Average transaction cost of sending remittances to a specific country in Samoa
Samoa: Average transaction cost of sending remittances to a specific country was 4.6% in 2023. ▼ Falling
Average transaction cost of sending remittances to a specific country in Samoa, 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
In 2023, average transaction cost of sending remittances to a specific country in Samoa stood at 4.6%.
Compared with earlier readings it is up 44.6% on the previous year and down 50.2% over ten years.
That places Samoa 27th 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 Samoa, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 9.2% | — |
| 2017 | 4.8% | -48.3% |
| 2018 | 5.2% | +8.6% |
| 2019 | 6.2% | +19.1% |
| 2020 | 5.4% | -12.3% |
| 2021 | 5.2% | -3.2% |
| 2022 | 3.2% | -39.4% |
| 2023 | 4.6% | +44.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.3% | 4.8% | 9.2% | 4 |
| 2020s | 4.6% | 3.2% | 5.4% | 4 |
Countries ranked near Samoa
More financial sector data for Samoa
- Net domestic credit (current LCU), per capita 3,160 current LCU per person (2009)
- Net domestic credit (current LCU), per unit of GDP 0.9636 current LCU per US$ of GDP (2009)
- Net domestic credit (current LCU), annual growth rate -0.0979 % change on previous year (2009)
- Reserves excluding gold, foreign exchange 400.96 million SDR (2025)
- Reserves excluding gold 433.07 million SDR (2025)
- Total reserves (gold at market value) 436.90 million SDR (2025)
- Total reserves (gold at national valuation) 436.93 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,992 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.23 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,992 SDR per person (2025)
Frequently asked questions
- What is average transaction cost of sending remittances to a specific country in Samoa?
- Average transaction cost of sending remittances to a specific country in Samoa was 4.6% 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 Samoa?
- The highest recorded value was 9.2% in 2016.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in Samoa?
- The lowest recorded value was 3.2% in 2022.
- How does Samoa rank for average transaction cost of sending remittances to a specific country?
- Samoa ranks 27th out of 100 countries with data for 2023.
- Is average transaction cost of sending remittances to a specific country rising or falling in Samoa?
- Over the last ten years it is down 50.2%. The long-run trend across the full record is falling.
- Where does this Samoa 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.
Download this data
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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.