Remittance Costs Statistics in Honduras (2026)
Honduras recorded the average cost of sending remittances of 2.6% of the amount sent in 2023, World Bank World Development Indicators data show. Down from 2.8% in 2022 to 2.6% in 2023 (−0.2 percentage points). Honduras ranks #10 of 18 economies in Latin America & Caribbean on this measure, and #45 of 101 globally.
Key Statistics
- Latest value (2023)
- 2.6% (2023)
- Remittance Costs in Honduras as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −0.2 pp (2023)
- Down from 2.8% in 2022 to 2.6% in 2023 (−0.2 percentage points).
- Earliest value in this dataset (2016)
- 6.1% (2016)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6.1% in 2016 to 2.6% in 2023.
- Peak value (2016)
- 6.1% (2016)
- Highest value in the available series; the 2023 value is 2.6%.
- Rank in Latin America & Caribbean (lower is better; rank 1 = lowest)
- #10 of 18 (2023)
- Honduras ranks 10 of 18 countries in Latin America & Caribbean 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)
- #45 of 101 (2023)
- Honduras ranks 45 of 101 countries with data globally. Ranked ascending because lower values are better for this metric.
- Latin America & Caribbean average
- 4.1% (2023)
- Honduras (2.6%) is below the average of 4.1% across the 18 countries in Latin America & Caribbean with data.
- Personal remittances, received (current US$) (2024)
- $9.5 billion (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Honduras (2024)
- 58.6% (2024)
- 58.6% of the population in Honduras used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 10.8 million (2024)
- Honduras had a population of 10.8 million in 2024 (World Bank); shown for scale only.
Trend, 2016–2023
| Year | % of amount sent | Change |
|---|---|---|
| 2023 | 2.6% | −0.2 pp |
| 2022 | 2.8% | +0.7 pp |
| 2021 | 2.1% | −0.1 pp |
| 2020 | 2.2% | −0.4 pp |
| 2019 | 2.6% | +0.0 pp |
| 2018 | 2.6% | −2.1 pp |
| 2017 | 4.7% | −1.4 pp |
| 2016 | 6.1% | — |
Frequently asked questions
What is the latest figure for average cost of sending remittances in Honduras?
The average cost of sending remittances in Honduras stood at 2.6% of the amount sent in 2023, according to World Bank World Development Indicators data.
How recent is the remittance costs data for Honduras?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Honduras.
Where does the remittance costs data for Honduras come from?
The data comes from the World Bank World Development Indicators (indicator SI.RMT.COST.IB.ZS). The latest observation for Honduras is from 2023; the snapshot was retrieved on 2026-06-10.
How has remittance costs in Honduras changed over time?
World Bank World Development Indicators data show a decline from 6.1% in 2016 to 2.6% in 2023.
How does Honduras compare with other countries in Latin America & Caribbean?
Honduras ranks 10 of 18 countries in Latin America & Caribbean with data (ranked ascending; lower is better), with 2.6% versus a regional average of 4.1% (latest values per country).
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 .