Kenya vs Sweden: Average transaction cost of sending remittances from a specific
Kenya
5.3%
in 2023
Sweden
4.9%
in 2023
Kenya rank
8th
Sweden rank
10th
Average transaction cost of sending remittances from a specific over time
- Kenya
- Sweden
How they compare
Kenya currently reports 5.3% against 4.9% in Sweden, a difference of 0.4%.
That makes Kenya's figure about 1.1 times Sweden's.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Sweden ahead.
Kenya ranks 8th and Sweden ranks 10th of 44 countries.
Kenya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kenya | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.2% | 6.0% | 0.2% | Kenya |
| 2020s | 4.9% | 4.4% | 0.5% | Kenya |
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 Sweden?
- Kenya, at 5.3% against 4.9% in Sweden as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Kenya and Sweden?
- 0.4%, with Kenya ahead.
- How many years of comparable data are there for Kenya and Sweden?
- 8 years are reported by both, from 2016 to 2023.
- How do Kenya and Sweden rank globally for average transaction cost of sending remittances from a specific?
- Kenya ranks 8th and Sweden ranks 10th 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.