United Arab Emirates vs United Kingdom: Average transaction cost of sending remittances from a specific
Average transaction cost of sending remittances from a specific over time
- United Arab Emirates
- United Kingdom
How they compare
United Kingdom currently reports 3.6% against 3.1% in United Arab Emirates, a difference of 0.5%.
That makes United Kingdom's figure about 1.2 times United Arab Emirates's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was United Kingdom ahead.
United Arab Emirates ranks 24th and United Kingdom ranks 22nd of 44 countries.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | United Arab Emirates | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.5% | 5.9% | 2.3% | United Kingdom |
| 2020s | 3.2% | 3.3% | 0.1% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances from a specific, United Arab Emirates or United Kingdom?
- United Kingdom, at 3.6% against 3.1% in United Arab Emirates as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between United Arab Emirates and United Kingdom?
- 0.5%, with United Kingdom ahead.
- How many years of comparable data are there for United Arab Emirates and United Kingdom?
- 8 years are reported by both, from 2016 to 2023.
- How do United Arab Emirates and United Kingdom rank globally for average transaction cost of sending remittances from a specific?
- United Arab Emirates ranks 24th and United Kingdom ranks 22nd 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.