Remittance Costs Statistics in Estonia (2026)
According to World Bank World Development Indicators data, the average cost of sending remittances in Estonia came to 2.8% of the amount sent in 2021. Down from 5.5% in 2020 to 2.8% in 2021 (−2.7 percentage points). Estonia ranks #17 of 24 economies in Europe & Central Asia on this measure, and #47 of 101 globally.
Key Statistics
- Latest value (2021)
- 2.8% (2021)
- Remittance Costs in Estonia as of 2021, the most recent observation in World Bank World Development Indicators data.
- Change since 2020
- −2.7 pp (2021)
- Down from 5.5% in 2020 to 2.8% in 2021 (−2.7 percentage points).
- Earliest value in this dataset (2016)
- 6.3% (2016)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6.3% in 2016 to 2.8% in 2021.
- Peak value (2017)
- 6.5% (2017)
- Highest value in the available series; the 2021 value is 2.8%.
- Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
- #17 of 24 (2021)
- Estonia ranks 17 of 24 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #47 of 101 (2021)
- Estonia ranks 47 of 101 countries with data globally. Ranked ascending because lower values are better for this metric.
- Europe & Central Asia average
- 2.5% (2021)
- Estonia (2.8%) is above the average of 2.5% across the 24 countries in Europe & Central Asia with data.
- Personal remittances, received (current US$) (2024)
- $496.3 million (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Estonia (2024)
- 92.2% (2024)
- 92.2% of the population in Estonia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Estonia had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 2016–2021
| Year | % of amount sent | Change |
|---|---|---|
| 2021 | 2.8% | −2.8 pp |
| 2020 | 5.5% | +3.8 pp |
| 2019 | 1.8% | −3.8 pp |
| 2018 | 5.5% | −1.0 pp |
| 2017 | 6.5% | +0.2 pp |
| 2016 | 6.3% | — |
Frequently asked questions
What is the latest figure for average cost of sending remittances in Estonia?
The average cost of sending remittances in Estonia stood at 2.8% of the amount sent in 2021, according to World Bank World Development Indicators data.
Where does the remittance costs data for Estonia come from?
The data comes from the World Bank World Development Indicators (indicator SI.RMT.COST.IB.ZS). The latest observation for Estonia is from 2021; the snapshot was retrieved on 2026-06-10.
How has remittance costs in Estonia changed over time?
World Bank World Development Indicators data show a decline from 6.3% in 2016 to 2.8% in 2021.
Source & methodology
Source: World Bank, World Development Indicators, indicator
SI.RMT.COST.IB.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .