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
12345201620192023

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.

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Russia vs Senegal: 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/russian-federation/senegal/

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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

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.