Chile vs Dominican Republic: Average transaction cost of sending remittances from a specific
Average transaction cost of sending remittances from a specific over time
- Chile
- Dominican Republic
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.
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.