How many years of comparable data are there for Norway and Russia?

6 years are reported by both, from 2016 to 2021.

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.

Norway vs Russia: Average transaction cost of sending remittances from a specific

Norway

1.2%

in 2023

Russia

1.7%

in 2021

Norway rank

44th

Russia rank

42nd

Average transaction cost of sending remittances from a specific over time

Norway
Russia

How they compare

Russia currently reports 1.7% against 1.2% in Norway, a difference of 0.5%.

That makes Russia's figure about 1.5 times Norway's.

The two have swapped places 2 times across 6 shared years of data; in 2016 it was Norway ahead.

Norway ranks 44th and Russia ranks 42nd of 44 countries.

Norway has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Norway	Russia	Difference	Ahead
2010s	5.1%	2.3%	2.8%	Norway
2020s	2.4%	1.9%	0.5%	Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average transaction cost of sending remittances from a specific, Norway or Russia?: Russia, at 1.7% against 1.2% in Norway as of 2021.
What is the difference in average transaction cost of sending remittances from a specific between Norway and Russia?: 0.5%, with Russia ahead.
How many years of comparable data are there for Norway and Russia?: 6 years are reported by both, from 2016 to 2021.
How do Norway and Russia rank globally for average transaction cost of sending remittances from a specific?: Norway ranks 44th and Russia ranks 42nd 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.

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Norway vs Russia: Average transaction cost of sending remittances from a specific. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 10 November 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/norway/russian-federation/

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<a href="https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/norway/russian-federation/">Norway vs Russia: Average transaction cost of sending remittances from a specific</a> — Statizoid

About this data

Indicator: Average transaction cost of sending remittances from a specific country (%)
Unit: %
Source: Remittance Prices Worldwide, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 44 places, 344 data points, 2016–2023
Last refreshed: 29 October 2026

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.