Dominican Republic vs Türkiye: Average transaction cost of sending remittances from a specific
Average transaction cost of sending remittances from a specific over time
- Dominican Republic
- Türkiye
How they compare
Türkiye currently reports 10.0% against 7.4% in Dominican Republic, a difference of 2.6%.
That makes Türkiye's figure about 1.3 times Dominican Republic's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Türkiye ahead.
Dominican Republic ranks 7th and Türkiye ranks 4th of 44 countries.
Türkiye has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Dominican Republic | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.6% | 10.7% | 4.2% | Türkiye |
| 2020s | 8.1% | 11.6% | 3.5% | Türkiye |
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 Türkiye?
- Türkiye, at 10.0% 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 Türkiye?
- 2.6%, with Türkiye ahead.
- How many years of comparable data are there for Dominican Republic and Türkiye?
- 8 years are reported by both, from 2016 to 2023.
- How do Dominican Republic and Türkiye rank globally for average transaction cost of sending remittances from a specific?
- Dominican Republic ranks 7th and Türkiye ranks 4th 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.