Description

Remittance costs as a percentage of the amount remitted

This indicator is proposed as an indicator for Sustainable Development Target 10.c 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

Value Range

Data

Data already collected through quarterly surveys in 226 migration corridors. Information is compiled in existing remittance price database:
http://remittanceprices.worldbank.org/en, (survey based, mystery shopping

World Bank

Linkages: 10.7; 17.3


Questions, answers and comments

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Sources

The list of indicator proposals (as of 11 August 2015) used for the IAEG-SDG Open Consultation with Civil Society, Academia and Private Sector.