Average transaction cost of sending remittances to a specific country in South Sudan
South Sudan: Average transaction cost of sending remittances to a specific country was 6.5% in 2023. ◆ Volatile
Average transaction cost of sending remittances to a specific country in South Sudan, 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 South Sudan stood at 6.5%.
The figure is up 151.8% on the previous year and down 15.1% over ten years.
That places South Sudan 15th 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 South Sudan, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 7.6% | — |
| 2017 | 16.0% | +110.4% |
| 2020 | 5.0% | -68.9% |
| 2021 | 5.3% | +6.2% |
| 2022 | 2.6% | -51.4% |
| 2023 | 6.5% | +151.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.8% | 7.6% | 16.0% | 2 |
| 2020s | 4.8% | 2.6% | 6.5% | 4 |
Countries ranked near South Sudan
More financial sector data for South Sudan
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -77.05 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0136 SDR per US$ of GDP (2015)
- Reserves excluding gold, foreign exchange (SDR), per capita 0.803 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -77.47 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 1.02 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -77.47 % change on previous year (2024)
Frequently asked questions
- What is average transaction cost of sending remittances to a specific country in South Sudan?
- Average transaction cost of sending remittances to a specific country in South Sudan was 6.5% 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 South Sudan?
- The highest recorded value was 16.0% in 2017.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in South Sudan?
- The lowest recorded value was 2.6% in 2022.
- How does South Sudan rank for average transaction cost of sending remittances to a specific country?
- South Sudan ranks 15th out of 100 countries with data for 2023.
- Is average transaction cost of sending remittances to a specific country rising or falling in South Sudan?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is volatile.
- Where does this South Sudan 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.