Norway vs Senegal: Average transaction cost of sending remittances from a specific
Norway
1.2%
in 2023
Senegal
1.4%
in 2023
Norway rank
44th
Senegal rank
43rd
Average transaction cost of sending remittances from a specific over time
- Norway
- Senegal
How they compare
Senegal currently reports 1.4% against 1.2% in Norway, a difference of 0.2%.
That makes Senegal's figure about 1.2 times Norway's.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Norway ahead.
Norway ranks 44th and Senegal ranks 43rd of 44 countries.
Across the 2 decades both report, Norway averaged higher in 1 and Senegal in 1.
Head to head by decade
| Decade | Norway | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | 4.0% | 1.1% | Norway |
| 2020s | 1.7% | 2.9% | 1.2% | Senegal |
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 Senegal?
- Senegal, at 1.4% against 1.2% in Norway as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Norway and Senegal?
- 0.2%, with Senegal ahead.
- How many years of comparable data are there for Norway and Senegal?
- 8 years are reported by both, from 2016 to 2023.
- How do Norway and Senegal rank globally for average transaction cost of sending remittances from a specific?
- Norway ranks 44th and Senegal ranks 43rd 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.