Italy vs Portugal: Average transaction cost of sending remittances from a specific
Italy
2.2%
in 2023
Portugal
2.1%
in 2023
Italy rank
37th
Portugal rank
38th
Average transaction cost of sending remittances from a specific over time
- Italy
- Portugal
How they compare
Italy currently reports 2.2% against 2.1% in Portugal, a difference of 0.1%.
That makes Italy's figure about 1.1 times Portugal's.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was Italy ahead.
Italy ranks 37th and Portugal ranks 38th of 44 countries.
Across the 2 decades both report, Italy averaged higher in 1 and Portugal in 1.
Head to head by decade
| Decade | Italy | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.8% | 5.7% | 0.1% | Italy |
| 2020s | 4.4% | 4.9% | 0.5% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Italy or Portugal?
- Italy, at 2.2% against 2.1% in Portugal as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Italy and Portugal?
- 0.1%, with Italy ahead.
- How many years of comparable data are there for Italy and Portugal?
- 8 years are reported by both, from 2016 to 2023.
- How do Italy and Portugal rank globally for average transaction cost of sending remittances from a specific?
- Italy ranks 37th and Portugal ranks 38th 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.