How many years of comparable data are there for Australia and Canada?

8 years are reported by both, from 2016 to 2023.

Where does this data come from?

Remittance Prices Worldwide, World Bank (WB), published as Average transaction cost of sending remittances from a specific country (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Australia vs Canada: Average transaction cost of sending remittances from a specific

Australia

2.9%

in 2023

Canada

3.0%

in 2023

Australia rank

31st

Canada rank

28th

Average transaction cost of sending remittances from a specific over time

Australia
Canada

How they compare

Canada currently reports 3.0% against 2.9% in Australia, a difference of 0.1%.

The two have swapped places 3 times across 8 shared years of data; in 2016 it was Australia ahead.

Australia ranks 31st and Canada ranks 28th of 44 countries.

Canada has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Australia	Canada	Difference	Ahead
2010s	5.4%	7.1%	1.7%	Canada
2020s	3.5%	3.6%	0.1%	Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average transaction cost of sending remittances from a specific, Australia or Canada?: Canada, at 3.0% against 2.9% in Australia as of 2023.
What is the difference in average transaction cost of sending remittances from a specific between Australia and Canada?: 0.1%, with Canada ahead.
How many years of comparable data are there for Australia and Canada?: 8 years are reported by both, from 2016 to 2023.
How do Australia and Canada rank globally for average transaction cost of sending remittances from a specific?: Australia ranks 31st and Canada ranks 28th of 44 countries.
Where does this data come from?: Remittance Prices Worldwide, World Bank (WB), published as Average transaction cost of sending remittances from a specific country (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Canada: Average transaction cost of sending remittances from a specific. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/australia/canada/

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<a href="https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/australia/canada/">Australia vs Canada: Average transaction cost of sending remittances from a specific</a> — Statizoid

About this data

Indicator: Average transaction cost of sending remittances from a specific country (%)
Unit: %
Source: Remittance Prices Worldwide, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 44 places, 344 data points, 2016–2023
Last refreshed: 03 September 2026

Average transaction cost of sending remittance from a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database from a specific country.