How many years of comparable data are there for Bahrain and Korea?

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.

Bahrain vs Korea: Average transaction cost of sending remittances from a specific

Bahrain

3.8%

in 2023

Korea

4.2%

in 2023

Bahrain rank

18th

Korea rank

15th

Average transaction cost of sending remittances from a specific over time

Bahrain
Korea

How they compare

Korea currently reports 4.2% against 3.8% in Bahrain, a difference of 0.4%.

That makes Korea's figure about 1.1 times Bahrain's.

The two have swapped places 4 times across 8 shared years of data; in 2016 it was Korea ahead.

Bahrain ranks 18th and Korea ranks 15th of 44 countries.

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

Head to head by decade

Decade	Bahrain	Korea	Difference	Ahead
2010s	3.0%	3.8%	0.9%	Korea
2020s	2.8%	2.9%	0.0%	Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average transaction cost of sending remittances from a specific, Bahrain or Korea?: Korea, at 4.2% against 3.8% in Bahrain as of 2023.
What is the difference in average transaction cost of sending remittances from a specific between Bahrain and Korea?: 0.4%, with Korea ahead.
How many years of comparable data are there for Bahrain and Korea?: 8 years are reported by both, from 2016 to 2023.
How do Bahrain and Korea rank globally for average transaction cost of sending remittances from a specific?: Bahrain ranks 18th and Korea ranks 15th 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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Bahrain vs Korea: Average transaction cost of sending remittances from a specific. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/bahrain/korea-rep/

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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.