Cameroon vs Rwanda: Average transaction cost of sending remittances from a specific
Cameroon
11.7%
in 2023
Rwanda
7.6%
in 2023
Cameroon rank
3rd
Rwanda rank
6th
Average transaction cost of sending remittances from a specific over time
- Cameroon
- Rwanda
How they compare
Cameroon currently reports 11.7% against 7.6% in Rwanda, a difference of 4.1%.
That makes Cameroon's figure about 1.5 times Rwanda's.
The two have swapped places 1 time across 7 shared years of data; in 2016 it was Rwanda ahead.
Cameroon ranks 3rd and Rwanda ranks 6th of 44 countries.
Cameroon has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cameroon | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.4% | 8.8% | 1.6% | Cameroon |
| 2020s | 13.1% | 7.7% | 5.4% | Cameroon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Cameroon or Rwanda?
- Cameroon, at 11.7% against 7.6% in Rwanda as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Cameroon and Rwanda?
- 4.1%, with Cameroon ahead.
- How many years of comparable data are there for Cameroon and Rwanda?
- 7 years are reported by both, from 2016 to 2023.
- How do Cameroon and Rwanda rank globally for average transaction cost of sending remittances from a specific?
- Cameroon ranks 3rd and Rwanda ranks 6th 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.