Saudi Arabia vs Sweden: Average transaction cost of sending remittances from a specific
Saudi Arabia
4.5%
in 2023
Sweden
4.9%
in 2023
Saudi Arabia rank
12th
Sweden rank
10th
Average transaction cost of sending remittances from a specific over time
- Saudi Arabia
- Sweden
How they compare
Sweden currently reports 4.9% against 4.5% in Saudi Arabia, a difference of 0.4%.
That makes Sweden's figure about 1.1 times Saudi Arabia's.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was Sweden ahead.
Saudi Arabia ranks 12th and Sweden ranks 10th of 44 countries.
Sweden has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.0% | 6.0% | 1.1% | Sweden |
| 2020s | 3.7% | 4.4% | 0.7% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, Saudi Arabia or Sweden?
- Sweden, at 4.9% against 4.5% in Saudi Arabia as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between Saudi Arabia and Sweden?
- 0.4%, with Sweden ahead.
- How many years of comparable data are there for Saudi Arabia and Sweden?
- 8 years are reported by both, from 2016 to 2023.
- How do Saudi Arabia and Sweden rank globally for average transaction cost of sending remittances from a specific?
- Saudi Arabia ranks 12th and Sweden ranks 10th 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.