How many years of comparable data are there for Belgium and Thailand?

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.

Belgium vs Thailand: Average transaction cost of sending remittances from a specific

Belgium

3.8%

in 2023

Thailand

3.6%

in 2023

Belgium rank

19th

Thailand rank

21st

Average transaction cost of sending remittances from a specific over time

Belgium
Thailand

How they compare

Belgium currently reports 3.8% against 3.6% in Thailand, a difference of 0.2%.

That makes Belgium's figure about 1.1 times Thailand's.

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

Belgium ranks 19th and Thailand ranks 21st of 44 countries.

Across the 2 decades both report, Belgium averaged higher in 1 and Thailand in 1.

Head to head by decade

Decade	Belgium	Thailand	Difference	Ahead
2010s	6.7%	8.7%	1.9%	Thailand
2020s	5.4%	5.0%	0.4%	Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average transaction cost of sending remittances from a specific, Belgium or Thailand?: Belgium, at 3.8% against 3.6% in Thailand as of 2023.
What is the difference in average transaction cost of sending remittances from a specific between Belgium and Thailand?: 0.2%, with Belgium ahead.
How many years of comparable data are there for Belgium and Thailand?: 8 years are reported by both, from 2016 to 2023.
How do Belgium and Thailand rank globally for average transaction cost of sending remittances from a specific?: Belgium ranks 19th and Thailand ranks 21st 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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Belgium vs Thailand: Average transaction cost of sending remittances from a specific. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/belgium/thailand/

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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.