Remitting from the United States incurred an average cost of 5.6 percent over the course of 2023, an slight increase when compared to the previous year. The cost of sending money from the North American country was at its highest in late 2012, and generally declined since. The source adds that outgoing remittances from the United States was slightly cheaper than the average for the G20 countries, which was estimated at 6.39 percent for sending money worth 200 U.S. dollars.
Total average cost of sending 200 U.S. dollars worth of remittances from the United States to the rest of the world from 1st quarter of 2011 to 1st quarter of 2023
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Average costs of sending 200 U.S. dollars
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Statista. (July 11, 2023). Total average cost of sending 200 U.S. dollars worth of remittances from the United States to the rest of the world from 1st quarter of 2011 to 1st quarter of 2023 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/962747/average-cost-of-sending-remittances-from-usa/
Statista. "Total average cost of sending 200 U.S. dollars worth of remittances from the United States to the rest of the world from 1st quarter of 2011 to 1st quarter of 2023." Chart. July 11, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/962747/average-cost-of-sending-remittances-from-usa/
Statista. (2023). Total average cost of sending 200 U.S. dollars worth of remittances from the United States to the rest of the world from 1st quarter of 2011 to 1st quarter of 2023. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/962747/average-cost-of-sending-remittances-from-usa/
Statista. "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances from The United States to The Rest of The World from 1st Quarter of 2011 to 1st Quarter of 2023." Statista, Statista Inc., 11 Jul 2023, https://www.statista.com/statistics/962747/average-cost-of-sending-remittances-from-usa/
Statista, Total average cost of sending 200 U.S. dollars worth of remittances from the United States to the rest of the world from 1st quarter of 2011 to 1st quarter of 2023 Statista, https://www.statista.com/statistics/962747/average-cost-of-sending-remittances-from-usa/ (last visited July 27, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances from the United States to the rest of the world from 1st quarter of 2011 to 1st quarter of 2023 [Graph], Statista, July 11, 2023. [Online]. Available: https://www.statista.com/statistics/962747/average-cost-of-sending-remittances-from-usa/