世界银行：2023年第三季度全球汇款成本_31页_1mb

Summary of Remittance Prices Worldwide Report (September 2023, Issue 47)

Introduction
This report analyzes global remittance prices based on data from September 2023. It monitors 367 corridors across 48 sending and 105 receiving countries, tracking costs for banks, MTOs, mobile operators, and post offices. Key trends include a decrease in global average costs and an increase in digital remittances. Progress toward reducing remittance costs aligns with G20 and UN SDG targets.

Key Findings

• Global average cost decreased from 6.20% in Q2 2023 to 6.18% in Q3 2023.
• International MTO Index fell to 6.29%, while the Global Weighted Average rose to 4.78%.
• Digital remittances index increased to 4.84%, and the SmaRT Average was 3.36%.
• South Asia is the lowest-cost region (5.44%), and Sub-Saharan Africa is the most expensive (7.39%).
• Banks are the most expensive providers (11.48%), and mobile money is the cheapest instrument.
• The proportion of corridors with costs below 5% increased significantly.

Regional and Global Trends

• Global average has dropped from 9.67% in 2009 to 6.18% in 2023.
• Digital services account for 30% of tracked services, with lower costs than non-digital methods.
• Sub-Saharan Africa and Latin America saw cost decreases, while South Asia experienced an increase.
• G20 commitments focus on reducing global average to 5% and ensuring 5% or less in all corridors by 2030.

Cost Structure and Providers

• Fees and FX margins vary; non-digital services are consistently more expensive.
• Banks remain costlier than other providers, while mobile operators offer the lowest costs but with limited coverage.

Progress and Challenges

• Data collection excludes corridors from Russia due to the ongoing war.
• The Prospects Index tracks new services, which may be incorporated based on materiality and diversity.
• Overall, cost reduction efforts show progress, but challenges include data consistency and coverage in high-cost regions.