Remittance Costs Statistics in Pakistan (2026)
In 2023, the average cost of sending remittances in Pakistan stood at 2.1% of the amount sent, according to World Bank World Development Indicators data. Essentially no change from 2.1% in 2022 to 2.1% in 2023. Pakistan ranks #2 of 10 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #32 of 101 globally.
Key Statistics
- Latest value (2023)
- 2.1% (2023)
- Remittance Costs in Pakistan as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- 0 pp (2023)
- Essentially no change from 2.1% in 2022 to 2.1% in 2023.
- Earliest value in this dataset (2016)
- 5.7% (2016)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 5.7% in 2016 to 2.1% in 2023.
- Peak value (2017)
- 6.1% (2017)
- Highest value in the available series; the 2023 value is 2.1%.
- Rank in Middle East, North Africa, Afghanistan & Pakistan (lower is better; rank 1 = lowest)
- #2 of 10 (2023)
- Pakistan ranks 2 of 10 countries in Middle East, North Africa, Afghanistan & Pakistan 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)
- #32 of 101 (2023)
- Pakistan ranks 32 of 101 countries with data globally. Ranked ascending because lower values are better for this metric.
- Middle East, North Africa, Afghanistan & Pakistan average
- 4.5% (2023)
- Pakistan (2.1%) is below the average of 4.5% across the 10 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Personal remittances, received (current US$) (2024)
- $34.9 billion (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Pakistan (2024)
- 57.3% (2024)
- 57.3% of the population in Pakistan used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 251.3 million (2024)
- Pakistan had a population of 251.3 million in 2024 (World Bank); shown for scale only.
Trend, 2016–2023
| Year | % of amount sent | Change |
|---|---|---|
| 2023 | 2.1% | +0.0 pp |
| 2022 | 2.1% | −0.8 pp |
| 2021 | 2.9% | +0.2 pp |
| 2020 | 2.7% | −0.5 pp |
| 2019 | 3.2% | −2.0 pp |
| 2018 | 5.3% | −0.8 pp |
| 2017 | 6.1% | +0.4 pp |
| 2016 | 5.7% | — |
Frequently asked questions
What is the latest figure for average cost of sending remittances in Pakistan?
The average cost of sending remittances in Pakistan stood at 2.1% of the amount sent in 2023, according to World Bank World Development Indicators data.
When did remittance costs in Pakistan peak?
The highest value in the available series was 6.1% in 2017; the latest (2023) value is 2.1%.
How recent is the remittance costs data for Pakistan?
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 Pakistan.
Where does the remittance costs data for Pakistan come from?
The data comes from the World Bank World Development Indicators (indicator SI.RMT.COST.IB.ZS). The latest observation for Pakistan is from 2023; the snapshot was retrieved on 2026-06-10.
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 .