Data type

Data unavailable (Type4)
There are currently no national statistics (Type 1), international statistics (Type 2), or alternative national statistics (Type 3) available. The Data of Type 1, type 2, or type 3 can be also included in case of temporary unavailability.

Indicator name

Remittance costs as a proportion of the amount remitted

Definition

The total cost for migrants to send $200 (or equivalent in local sending currency) expressed as a proportion of the amount remitted. The remittance costs include remittance fees and foreign exchange margins.

Organizations

World Bank (WB)

Metadata https://kostat-sdg-kor.github.io/sdg-indicators/public/data/Metadata-10-0c-01_ENG.pdf opens in a new window

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator name

Remittance costs as a proportion of the amount remitted

Target name

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

Organizations

World Bank (WB)

Metadata https://unstats.un.org/sdgs/metadata/files/Metadata-10-0c-01.pdf opens in a new window