Kuwait vs Spain: Average transaction cost of sending remittances from a specific
Kuwait
2.4%
in 2023
Spain
2.2%
in 2023
Kuwait rank
34th
Spain rank
36th
Average transaction cost of sending remittances from a specific over time
- Kuwait
- Spain
How they compare
Kuwait currently reports 2.4% against 2.2% in Spain, a difference of 0.2%.
That makes Kuwait's figure about 1.1 times Spain's.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Spain ahead.
Kuwait ranks 34th and Spain ranks 36th of 44 countries.
Across the 2 decades both report, Kuwait averaged higher in 1 and Spain in 1.
Head to head by decade
| Decade | Kuwait | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.5% | 5.1% | 2.5% | Spain |
| 2020s | 2.5% | 2.2% | 0.3% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Kuwait or Spain?
- Kuwait, at 2.4% against 2.2% in Spain as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Kuwait and Spain?
- 0.2%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Spain?
- 8 years are reported by both, from 2016 to 2023.
- How do Kuwait and Spain rank globally for average transaction cost of sending remittances from a specific?
- Kuwait ranks 34th 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.