Japan vs Kuwait: Average transaction cost of sending remittances from a specific
Japan
2.6%
in 2023
Kuwait
2.4%
in 2023
Japan rank
33rd
Kuwait rank
34th
Average transaction cost of sending remittances from a specific over time
- Japan
- Kuwait
How they compare
Japan currently reports 2.6% against 2.4% in Kuwait, a difference of 0.2%.
That makes Japan's figure about 1.1 times Kuwait's.
Across all 8 years both countries report, Japan has been ahead every year.
Japan ranks 33rd and Kuwait ranks 34th of 44 countries.
Japan has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Japan | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | 2.5% | 2.6% | Japan |
| 2020s | 2.8% | 2.5% | 0.3% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Japan or Kuwait?
- Japan, at 2.6% against 2.4% in Kuwait as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Japan and Kuwait?
- 0.2%, with Japan ahead.
- How many years of comparable data are there for Japan and Kuwait?
- 8 years are reported by both, from 2016 to 2023.
- How do Japan and Kuwait rank globally for average transaction cost of sending remittances from a specific?
- Japan ranks 33rd and Kuwait ranks 34th 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.