Average transaction cost of sending remittances to a specific country in Uzbekistan
Uzbekistan: Average transaction cost of sending remittances to a specific country was 2.1% in 2021. ▲ Rising
Average transaction cost of sending remittances to a specific country in Uzbekistan, 2016–2021
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 Uzbekistan is 2.1%, measured in 2021. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 19.2% on the previous year and up 22.3% over ten years.
Uzbekistan ranks 71st of 100 countries on this measure, in the middle of the range.
Average transaction cost of sending remittances to a specific country in Uzbekistan, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 1.7% | — |
| 2017 | 1.6% | -8.4% |
| 2018 | 1.4% | -7.9% |
| 2019 | 1.8% | +21.6% |
| 2020 | 1.8% | +0.0% |
| 2021 | 2.1% | +19.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.6% | 1.4% | 1.8% | 4 |
| 2020s | 1.9% | 1.8% | 2.1% | 2 |
Countries ranked near Uzbekistan
More financial sector data for Uzbekistan
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0002 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0001 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0002 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 Uzbekistan?
- Average transaction cost of sending remittances to a specific country in Uzbekistan was 2.1% 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 Uzbekistan?
- The highest recorded value was 2.1% in 2021.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in Uzbekistan?
- The lowest recorded value was 1.4% in 2018.
- How does Uzbekistan rank for average transaction cost of sending remittances to a specific country?
- Uzbekistan ranks 71st out of 100 countries with data for 2021.
- Is average transaction cost of sending remittances to a specific country rising or falling in Uzbekistan?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
- Where does this Uzbekistan 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.