Belgium vs United Kingdom of Great Britain and Northern Ireland: Average transaction cost of sending remittances from a specific
Average transaction cost of sending remittances from a specific over time
- Belgium
- United Kingdom of Great Britain and Northern Ireland
How they compare
Belgium currently reports 3.8% against 3.6% in United Kingdom of Great Britain and Northern Ireland, a difference of 0.2%.
That makes Belgium's figure about 1.1 times United Kingdom of Great Britain and Northern Ireland's.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was United Kingdom of Great Britain and Northern Ireland ahead.
Belgium ranks 19th and United Kingdom of Great Britain and Northern Ireland ranks 22nd of 44 countries.
Belgium has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belgium | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.7% | 5.9% | 0.9% | Belgium |
| 2020s | 5.4% | 3.3% | 2.1% | 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 United Kingdom of Great Britain and Northern Ireland?
- Belgium, at 3.8% against 3.6% in United Kingdom of Great Britain and Northern Ireland as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Belgium and United Kingdom of Great Britain and Northern Ireland?
- 0.2%, with Belgium ahead.
- How many years of comparable data are there for Belgium and United Kingdom of Great Britain and Northern Ireland?
- 8 years are reported by both, from 2016 to 2023.
- How do Belgium and United Kingdom of Great Britain and Northern Ireland rank globally for average transaction cost of sending remittances from a specific?
- Belgium ranks 19th and United Kingdom of Great Britain and Northern Ireland ranks 22nd 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.