Qatar vs Switzerland: Average transaction cost of sending remittances from a specific
Qatar
4.3%
in 2023
Switzerland
4.1%
in 2023
Qatar rank
14th
Switzerland rank
16th
Average transaction cost of sending remittances from a specific over time
- Qatar
- Switzerland
How they compare
Qatar currently reports 4.3% against 4.1% in Switzerland, a difference of 0.2%.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Switzerland ahead.
Qatar ranks 14th and Switzerland ranks 16th of 44 countries.
Switzerland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Qatar | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.3% | 8.3% | 4.0% | Switzerland |
| 2020s | 3.6% | 4.0% | 0.4% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Qatar or Switzerland?
- Qatar, at 4.3% against 4.1% in Switzerland as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Qatar and Switzerland?
- 0.2%, with Qatar ahead.
- How many years of comparable data are there for Qatar and Switzerland?
- 8 years are reported by both, from 2016 to 2023.
- How do Qatar and Switzerland rank globally for average transaction cost of sending remittances from a specific?
- Qatar ranks 14th 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.