Kenya vs Rwanda: Average transaction cost of sending remittances from a specific
Kenya
5.3%
in 2023
Rwanda
7.6%
in 2023
Kenya rank
8th
Rwanda rank
6th
Average transaction cost of sending remittances from a specific over time
- Kenya
- Rwanda
How they compare
Rwanda currently reports 7.6% against 5.3% in Kenya, a difference of 2.3%.
That makes Rwanda's figure about 1.4 times Kenya's.
Across all 8 years both countries report, Rwanda has been ahead every year.
Kenya ranks 8th and Rwanda ranks 6th of 44 countries.
Rwanda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kenya | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.2% | 9.1% | 2.9% | Rwanda |
| 2020s | 4.9% | 7.7% | 2.8% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Kenya or Rwanda?
- Rwanda, at 7.6% against 5.3% in Kenya as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Kenya and Rwanda?
- 2.3%, with Rwanda ahead.
- How many years of comparable data are there for Kenya and Rwanda?
- 8 years are reported by both, from 2016 to 2023.
- How do Kenya and Rwanda rank globally for average transaction cost of sending remittances from a specific?
- Kenya ranks 8th and Rwanda ranks 6th 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.