Canada vs Germany: Average transaction cost of sending remittances from a specific
Canada
3.0%
in 2023
Germany
3.0%
in 2023
Canada rank
28th
Germany rank
27th
Average transaction cost of sending remittances from a specific over time
- Canada
- Germany
How they compare
Germany currently reports 3.0% against 3.0% in Canada, a difference of 0.0%.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was Germany ahead.
Canada ranks 28th and Germany ranks 27th of 44 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Germany | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.1% | 6.2% | 0.9% | Canada |
| 2020s | 3.6% | 3.6% | 0.0% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Canada or Germany?
- Germany, at 3.0% against 3.0% in Canada as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Canada and Germany?
- 0.0%, with Germany ahead.
- How many years of comparable data are there for Canada and Germany?
- 8 years are reported by both, from 2016 to 2023.
- How do Canada and Germany rank globally for average transaction cost of sending remittances from a specific?
- Canada ranks 28th and Germany ranks 27th 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.