This table provides metadata for the actual indicator available from %country_name statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from %country_adjective statistics, this table should be consulted for information on national methodology and other %country_adjective-specific metadata information.
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 |
Indicator 10.c.1: Remittance costs as a proportion of the amount remitted |
|---|---|
| Target |
Target 10.c: 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 |
| Metadata update |
2022-03-31 |
| International organisations(s) responsible for global monitoring |
World Bank |
| Related indicators |
G20 5x5 target – Remittance cost reduction for development. In 2009, the G8 set a target, later adopted by the G20, to reduce the cost of international remittances from 10 percent to 5 percent within five years. The target was dubbed the “5x5 Objective.” |