Average Total Costs for sending US$200
Updated 17 June 2013
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Source | 1Q2009 | 3Q2009 | 1Q2010 | 3Q2010 | 1Q2011 | 3Q2011 | 1Q2012 | 3Q2012 | 1Q2013 | Notes | ||||||||||||
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Global Average | 9.67 | 9.4 | 8.72 | 8.89 | 9.08 | 9.3 | 9.12 | 8.97 | 9.05 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Global Weighted Average | 8.15 | 7.84 | 7.68 | 7.37 | 7.21 | 7.02 | 7.1 | 7.26 | 6.92 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Canada | 13.28 | 11.07 | 10.18 | 10.9 | 10.31 | 11.87 | 11.08 | 10.06 | 11.03 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
France | 11.5 | 11.15 | 10.01 | 8.95 | 8.76 | 11.63 | 11.78 | 11.68 | 10.72 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Germany | 13.53 | 12.71 | 11.85 | 12.67 | 10.98 | 12.64 | 11.16 | 10.94 | 10.16 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Italy | 7.36 | 8.21 | 8.11 | 7.87 | 7.57 | 8.18 | 7.88 | 7.47 | 7.64 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Japan | 18.24 | 19.06 | 17.34 | 16.16 | 17.54 | 16.84 | 15.7 | 16.32 | 16.66 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Russia | 2.42 | 2.99 | 2.54 | 2.52 | 2.88 | 2.68 | 2.33 | 2.42 | 2.43 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
UK | 10.27 | 9.05 | 8.29 | 8.07 | 8.33 | 7.73 | 7.93 | 7.88 | 7.96 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
US | 7.21 | 7.06 | 7.57 | 7.14 | 6.67 | 6.943 | 6.91 | 6.8 | 6.75 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
G8 Average | 10.32 | 8.8 | 8.37 | 8.4 | 8.36 | 8.53 | 8.49 | 8.31 | 8.53 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
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Spreadsheet title | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Figure 2.1 & 2.2: Average cost of sending US$200 across all remittance service providers for G8 countries (as % of money remitted) | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Source | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | World Bank, Remittance Prices Worldwide | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Note | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Weighted average accounts for the size of the flows in each remittance corridor | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
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Not set | 2008 | 1Q2009 | 3Q2009 | 1Q2010 | 3Q2010 | 1Q2011 | 3Q2011 | 1Q2012 | 3Q2012 | 1Q2013 | Not set | Not set | 2008 | 1Q2009 | 3Q2009 | 1Q2010 | 3Q2010 | 1Q2011 | 3Q2011 | 1Q2012 | 3Q2012 | 1Q2013 |
Canada | 14 | 13.28 | 11.07 | 10.18 | 10.9 | 10.31 | 11.87 | 11.08 | 10.06 | 11.03 | Not set | Global Average | 9.81 | 9.67 | 9.4 | 8.72 | 8.89 | 9.08 | 9.3 | 9.12 | 8.97 | 9.05 |
France | 10.92 | 11.5 | 11.15 | 10.01 | 8.95 | 8.76 | 11.63 | 11.78 | 11.68 | 10.72 | Not set | Global Weighted Average | 8.58 | 8.15 | 7.84 | 7.68 | 7.37 | 7.21 | 7.02 | 7.1 | 7.26 | 6.92 |
Germany | 14.07 | 13.53 | 12.71 | 11.85 | 12.67 | 10.98 | 12.64 | 11.16 | 10.94 | 10.16 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Italy | 10.06 | 7.36 | 8.21 | 8.11 | 7.87 | 7.57 | 8.18 | 7.88 | 7.47 | 7.64 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Japan | 15.33 | 18.24 | 19.06 | 17.34 | 16.16 | 17.54 | 16.84 | 15.7 | 16.32 | 16.66 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
Russia | 3.22 | 2.42 | 2.99 | 2.54 | 2.52 | 2.88 | 2.68 | 2.33 | 2.42 | 2.43 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
UK | 10.26 | 10.27 | 9.05 | 8.29 | 8.07 | 8.33 | 7.73 | 7.93 | 7.88 | 7.96 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
US | 6.9 | 7.21 | 7.06 | 7.57 | 7.14 | 6.67 | 6.943 | 6.91 | 6.8 | 6.75 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |
G8 Average | 10.26 | 10.32 | 8.8 | 8.37 | 8.4 | 8.36 | 8.53 | 8.49 | 8.31 | 8.53 | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set | Not set |