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Ratio of the remittance costs to the amount transferred for 200 USD from Germany to a foreign country
Year Value
2010 1Q 11.85
2010 3Q 12.67
2011 1Q 10.95
2011 3Q 12.64
2012 1Q 11.16
2012 3Q 10.94
2013 1Q 10.16
2013 2Q 9.62
2013 3Q 9.01
2013 4Q 9.31
2014 1Q 8.37
2014 2Q 8.03
2014 3Q 7.76
2014 4Q 8.43
2015 1Q 7.43
2015 2Q 7.48
2015 3Q 7.32
2015 4Q 7.64
2016 1Q 8.12
2016 2Q 8.52
2016 3Q 8.56
2016 4Q 7.97
2017 1Q 8.23
2017 2Q 7.73
2017 3Q 7.57
2017 4Q 7.2
2018 1Q 7.47
2018 2Q 7.25
2018 3Q 7.31
2018 4Q 7.95
2019 1Q 7.59
2019 2Q 7.7
2019 3Q 7.64
2019 4Q 7.49
2020 1Q 7.7
2020 2Q 7.1
2020 3Q 7.47
2020 4Q 7.1
2021 1Q 7.26
2021 2Q 6.15
2021 3Q 6.37
2021 4Q 6.22
2022 1Q 6.1
2022 2Q 5.83
2022 3Q 7.02
2022 4Q 5.98
2023 1Q 6.13
2023 2Q 5.84
2023 3Q 5.62
2023 4Q 5.62
2024 1Q 5.8

Data source: World Bank

Geographic coverage: Germany

Unit of measurement: Percentage

Note: Remittance: Part of the income that migrants send back to the home country in the form of money, primarily to support their families.

This overview contains information on the time series shown that are available in Germany and their compliance with the UN metadata. The national metadata contains supplementary methodological and country-specific information.

Time series available

Remittance costs as a proportion of the amount remitted
Compliance with the UN metadata

The time series is compliant with the UN metadata.
National metadata Metadata on the presented time series opens in a new window
Data state

2024/08/12

This overview contains information on the metadata of the SDG indicator shown, as defined by the United Nations Statistical Commission. The complete UN metadata is provided by the United Nations Statistical Division (UNSD).

Target

By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent
Indicator name

Remittance costs as a proportion of the amount remitted
Tier category Tier I opens in a new window
UN custodian agency

World Bank (WB)
Link to UN metadata Metadata on this indicator opens in a new window