How many years of comparable data are there for United Kingdom and United States?

8 years are reported by both, from 2016 to 2023.

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.

United Kingdom vs United States: Average transaction cost of sending remittances from a specific

United Kingdom

3.6%

in 2023

United States

3.5%

in 2023

United Kingdom rank

22nd

United States rank

23rd

Average transaction cost of sending remittances from a specific over time

United Kingdom
United States

How they compare

United Kingdom currently reports 3.6% against 3.5% in United States, a difference of 0.1%.

The two have swapped places 6 times across 8 shared years of data; in 2016 it was United Kingdom ahead.

United Kingdom ranks 22nd and United States ranks 23rd of 44 countries.

United Kingdom has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	United Kingdom	United States	Difference	Ahead
2010s	5.9%	5.2%	0.6%	United Kingdom
2020s	3.3%	3.2%	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 Kingdom or United States?: United Kingdom, at 3.6% against 3.5% in United States as of 2023.
What is the difference in average transaction cost of sending remittances from a specific between United Kingdom and United States?: 0.1%, with United Kingdom ahead.
How many years of comparable data are there for United Kingdom and United States?: 8 years are reported by both, from 2016 to 2023.
How do United Kingdom and United States rank globally for average transaction cost of sending remittances from a specific?: United Kingdom ranks 22nd and United States ranks 23rd 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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United Kingdom vs United States: 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/united-kingdom/united-states/

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<a href="https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-from-a-specific-country-percent/united-kingdom/united-states/">United Kingdom vs United States: Average transaction cost of sending remittances from a specific</a> — Statizoid

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: 29 October 2026

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.