Cameroon vs Turkey: Average transaction cost of sending remittances from a specific
Cameroon
11.7%
in 2023
Turkey
10.0%
in 2023
Cameroon rank
3rd
Turkey rank
4th
Average transaction cost of sending remittances from a specific over time
- Cameroon
- Turkey
How they compare
Cameroon currently reports 11.7% against 10.0% in Turkey, a difference of 1.7%.
That makes Cameroon's figure about 1.2 times Turkey's.
The two have swapped places 5 times across 7 shared years of data; in 2016 it was Turkey ahead.
Cameroon ranks 3rd and Turkey ranks 4th of 44 countries.
Cameroon has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cameroon | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.4% | 10.2% | 0.2% | Cameroon |
| 2020s | 13.1% | 11.6% | 1.5% | 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 Turkey?
- Cameroon, at 11.7% against 10.0% in Turkey as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Cameroon and Turkey?
- 1.7%, with Cameroon ahead.
- How many years of comparable data are there for Cameroon and Turkey?
- 7 years are reported by both, from 2016 to 2023.
- How do Cameroon and Turkey rank globally for average transaction cost of sending remittances from a specific?
- Cameroon ranks 3rd and Turkey ranks 4th 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.