Japan vs Spain: Average transaction cost of sending remittances from a specific
Japan
2.6%
in 2023
Spain
2.2%
in 2023
Japan rank
33rd
Spain rank
36th
Average transaction cost of sending remittances from a specific over time
- Japan
- Spain
How they compare
Japan currently reports 2.6% against 2.2% in Spain, a difference of 0.4%.
That makes Japan's figure about 1.2 times Spain's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Japan ahead.
Japan ranks 33rd and Spain ranks 36th of 44 countries.
Japan has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Japan | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | 5.1% | 0.1% | Japan |
| 2020s | 2.8% | 2.2% | 0.7% | 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 Spain?
- Japan, at 2.6% against 2.2% in Spain as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Japan and Spain?
- 0.4%, with Japan ahead.
- How many years of comparable data are there for Japan and Spain?
- 8 years are reported by both, from 2016 to 2023.
- How do Japan and Spain rank globally for average transaction cost of sending remittances from a specific?
- Japan ranks 33rd and Spain ranks 36th 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.