Cameroon vs Tanzania: Average transaction cost of sending remittances from a specific
Cameroon
11.7%
in 2023
Tanzania
12.8%
in 2023
Cameroon rank
3rd
Tanzania rank
2nd
Average transaction cost of sending remittances from a specific over time
- Cameroon
- Tanzania
How they compare
Tanzania currently reports 12.8% against 11.7% in Cameroon, a difference of 1.1%.
That makes Tanzania's figure about 1.1 times Cameroon's.
The two have swapped places 1 time across 7 shared years of data; in 2016 it was Cameroon ahead.
Cameroon ranks 3rd and Tanzania ranks 2nd of 44 countries.
Cameroon has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cameroon | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.4% | 5.8% | 4.6% | Cameroon |
| 2020s | 13.1% | 10.0% | 3.1% | 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 Tanzania?
- Tanzania, at 12.8% against 11.7% in Cameroon as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Cameroon and Tanzania?
- 1.1%, with Tanzania ahead.
- How many years of comparable data are there for Cameroon and Tanzania?
- 7 years are reported by both, from 2016 to 2023.
- How do Cameroon and Tanzania rank globally for average transaction cost of sending remittances from a specific?
- Cameroon ranks 3rd and Tanzania ranks 2nd 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.