Oman vs Switzerland: Average transaction cost of sending remittances from a specific
Oman
4.4%
in 2023
Switzerland
4.1%
in 2023
Oman rank
13th
Switzerland rank
16th
Average transaction cost of sending remittances from a specific over time
- Oman
- Switzerland
How they compare
Oman currently reports 4.4% against 4.1% in Switzerland, a difference of 0.3%.
That makes Oman's figure about 1.1 times Switzerland's.
The two have swapped places 3 times across 7 shared years of data; in 2016 it was Switzerland ahead.
Oman ranks 13th and Switzerland ranks 16th of 44 countries.
Across the 2 decades both report, Oman averaged higher in 1 and Switzerland in 1.
Head to head by decade
| Decade | Oman | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.8% | 8.5% | 4.7% | Switzerland |
| 2020s | 4.3% | 4.0% | 0.3% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Oman or Switzerland?
- Oman, at 4.4% against 4.1% in Switzerland as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Oman and Switzerland?
- 0.3%, with Oman ahead.
- How many years of comparable data are there for Oman and Switzerland?
- 7 years are reported by both, from 2016 to 2023.
- How do Oman and Switzerland rank globally for average transaction cost of sending remittances from a specific?
- Oman ranks 13th and Switzerland ranks 16th 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.