Austria vs Russia: Average transaction cost of sending remittances from a specific
Austria
1.8%
in 2023
Russia
1.7%
in 2021
Austria rank
41st
Russia rank
42nd
Average transaction cost of sending remittances from a specific over time
- Austria
- Russia
How they compare
Austria currently reports 1.8% against 1.7% in Russia, a difference of 0.1%.
The two have swapped places 4 times across 6 shared years of data; in 2016 it was Austria ahead.
Austria ranks 41st and Russia ranks 42nd of 44 countries.
Austria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Austria | Russia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.0% | 2.3% | 1.8% | Austria |
| 2020s | 2.0% | 1.9% | 0.0% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Austria or Russia?
- Austria, at 1.8% against 1.7% in Russia as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Austria and Russia?
- 0.1%, with Austria ahead.
- How many years of comparable data are there for Austria and Russia?
- 6 years are reported by both, from 2016 to 2021.
- How do Austria and Russia rank globally for average transaction cost of sending remittances from a specific?
- Austria ranks 41st and Russia ranks 42nd 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.
Individual pages
About this data
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.