Dominican Republic vs Sweden: Average transaction cost of sending remittances from a specific
Average transaction cost of sending remittances from a specific over time
- Dominican Republic
- Sweden
How they compare
Dominican Republic currently reports 7.4% against 4.9% in Sweden, a difference of 2.5%.
That makes Dominican Republic's figure about 1.5 times Sweden's.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Sweden ahead.
Dominican Republic ranks 7th and Sweden ranks 10th of 44 countries.
Dominican Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Dominican Republic | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.6% | 6.0% | 0.5% | Dominican Republic |
| 2020s | 8.1% | 4.4% | 3.7% | 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 Sweden?
- Dominican Republic, at 7.4% against 4.9% in Sweden as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Dominican Republic and Sweden?
- 2.5%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Sweden?
- 8 years are reported by both, from 2016 to 2023.
- How do Dominican Republic and Sweden rank globally for average transaction cost of sending remittances from a specific?
- Dominican Republic ranks 7th and Sweden ranks 10th 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.