Dominican Republic vs Rwanda: Average transaction cost of sending remittances from a specific
Dominican Republic
7.4%
in 2023
Rwanda
7.6%
in 2023
Dominican Republic rank
7th
Rwanda rank
6th
Average transaction cost of sending remittances from a specific over time
- Dominican Republic
- Rwanda
How they compare
Rwanda currently reports 7.6% against 7.4% in Dominican Republic, a difference of 0.2%.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was Rwanda ahead.
Dominican Republic ranks 7th and Rwanda ranks 6th of 44 countries.
Across the 2 decades both report, Dominican Republic averaged higher in 1 and Rwanda in 1.
Head to head by decade
| Decade | Dominican Republic | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.6% | 9.1% | 2.6% | Rwanda |
| 2020s | 8.1% | 7.7% | 0.4% | 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, Dominican Republic or Rwanda?
- Rwanda, at 7.6% against 7.4% in Dominican Republic as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Dominican Republic and Rwanda?
- 0.2%, with Rwanda ahead.
- How many years of comparable data are there for Dominican Republic and Rwanda?
- 8 years are reported by both, from 2016 to 2023.
- How do Dominican Republic and Rwanda rank globally for average transaction cost of sending remittances from a specific?
- Dominican Republic ranks 7th and Rwanda ranks 6th 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.