Chile vs Dominican Republic: Average transaction cost of sending remittances from a specific

Chile
5.1%
in 2023
Dominican Republic
7.4%
in 2023
Chile rank
9th
Dominican Republic rank
7th

Average transaction cost of sending remittances from a specific over time

  • Chile
  • Dominican Republic
246810201620192023

How they compare

Dominican Republic currently reports 7.4% against 5.1% in Chile, a difference of 2.3%.

That makes Dominican Republic's figure about 1.4 times Chile's.

The two have swapped places 3 times across 8 shared years of data; in 2016 it was Chile ahead.

Chile ranks 9th and Dominican Republic ranks 7th of 44 countries.

Dominican Republic has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Chile Dominican Republic Difference Ahead
2010s 4.6% 6.6% 2.0% Dominican Republic
2020s 5.7% 8.1% 2.4% Dominican Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average transaction cost of sending remittances from a specific, Chile or Dominican Republic?
Dominican Republic, at 7.4% against 5.1% in Chile as of 2023.
What is the difference in average transaction cost of sending remittances from a specific between Chile and Dominican Republic?
2.3%, with Dominican Republic ahead.
How many years of comparable data are there for Chile and Dominican Republic?
8 years are reported by both, from 2016 to 2023.
How do Chile and Dominican Republic rank globally for average transaction cost of sending remittances from a specific?
Chile ranks 9th and Dominican Republic ranks 7th 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.

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Chile vs Dominican Republic: Average transaction cost of sending remittances from a specific. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/chile/dominican-republic/

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About this data

Indicator
Average transaction cost of sending remittances from a specific country (%)
Unit
%
Source
Remittance Prices Worldwide, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
44 places, 344 data points, 2016–2023
Last refreshed

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.