Chile vs Saudi Arabia: Average transaction cost of sending remittances from a specific
Chile
5.1%
in 2023
Saudi Arabia
4.5%
in 2023
Chile rank
9th
Saudi Arabia rank
12th
Average transaction cost of sending remittances from a specific over time
- Chile
- Saudi Arabia
How they compare
Chile currently reports 5.1% against 4.5% in Saudi Arabia, a difference of 0.6%.
That makes Chile's figure about 1.1 times Saudi Arabia's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Chile ahead.
Chile ranks 9th and Saudi Arabia ranks 12th of 44 countries.
Across the 2 decades both report, Chile averaged higher in 1 and Saudi Arabia in 1.
Head to head by decade
| Decade | Chile | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.6% | 5.0% | 0.4% | Saudi Arabia |
| 2020s | 5.7% | 3.7% | 2.0% | Chile |
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 Saudi Arabia?
- Chile, at 5.1% against 4.5% in Saudi Arabia as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Chile and Saudi Arabia?
- 0.6%, with Chile ahead.
- How many years of comparable data are there for Chile and Saudi Arabia?
- 8 years are reported by both, from 2016 to 2023.
- How do Chile and Saudi Arabia rank globally for average transaction cost of sending remittances from a specific?
- Chile ranks 9th and Saudi Arabia ranks 12th 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.