Brazil vs Chile: Average transaction cost of sending remittances from a specific
Brazil
4.6%
in 2023
Chile
5.1%
in 2023
Brazil rank
11th
Chile rank
9th
Average transaction cost of sending remittances from a specific over time
- Brazil
- Chile
How they compare
Chile currently reports 5.1% against 4.6% in Brazil, a difference of 0.5%.
That makes Chile's figure about 1.1 times Brazil's.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Brazil ahead.
Brazil ranks 11th and Chile ranks 9th of 44 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Chile | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.7% | 4.6% | 2.1% | Brazil |
| 2020s | 6.1% | 5.7% | 0.5% | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Brazil or Chile?
- Chile, at 5.1% against 4.6% in Brazil as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Brazil and Chile?
- 0.5%, with Chile ahead.
- How many years of comparable data are there for Brazil and Chile?
- 8 years are reported by both, from 2016 to 2023.
- How do Brazil and Chile rank globally for average transaction cost of sending remittances from a specific?
- Brazil ranks 11th and Chile ranks 9th 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.