Russia vs Senegal: Average transaction cost of sending remittances from a specific
Russia
1.7%
in 2021
Senegal
1.4%
in 2023
Russia rank
42nd
Senegal rank
43rd
Average transaction cost of sending remittances from a specific over time
- Russia
- Senegal
How they compare
Russia currently reports 1.7% against 1.4% in Senegal, a difference of 0.3%.
That makes Russia's figure about 1.3 times Senegal's.
Across all 6 years both countries report, Senegal has been ahead every year.
Russia ranks 42nd and Senegal ranks 43rd of 44 countries.
Senegal has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Russia | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.3% | 4.0% | 1.7% | Senegal |
| 2020s | 1.9% | 3.4% | 1.5% | 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, Russia or Senegal?
- Russia, at 1.7% against 1.4% in Senegal as of 2021.
- What is the difference in average transaction cost of sending remittances from a specific between Russia and Senegal?
- 0.3%, with Russia ahead.
- How many years of comparable data are there for Russia and Senegal?
- 6 years are reported by both, from 2016 to 2021.
- How do Russia and Senegal rank globally for average transaction cost of sending remittances from a specific?
- Russia ranks 42nd 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.