United Kingdom of Great Britain and Northern Ireland vs United States of America: Average transaction cost of sending remittances from a specific
Average transaction cost of sending remittances from a specific over time
- United Kingdom of Great Britain and Northern Ireland
- United States of America
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 3.6% against 3.5% in United States of America, a difference of 0.1%.
The two have swapped places 6 times across 8 shared years of data; in 2016 it was United Kingdom of Great Britain and Northern Ireland ahead.
United Kingdom of Great Britain and Northern Ireland ranks 22nd and United States of America ranks 23rd of 44 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | United Kingdom of Great Britain and Northern Ireland | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.9% | 5.2% | 0.6% | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 3.3% | 3.2% | 0.1% | United Kingdom of Great Britain and Northern Ireland |
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 of Great Britain and Northern Ireland or United States of America?
- United Kingdom of Great Britain and Northern Ireland, at 3.6% against 3.5% in United States of America as of 2023.
- What is the difference in average transaction cost of sending remittances from a specific between United Kingdom of Great Britain and Northern Ireland and United States of America?
- 0.1%, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for United Kingdom of Great Britain and Northern Ireland and United States of America?
- 8 years are reported by both, from 2016 to 2023.
- How do United Kingdom of Great Britain and Northern Ireland and United States of America rank globally for average transaction cost of sending remittances from a specific?
- United Kingdom of Great Britain and Northern Ireland ranks 22nd and United States of America 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.
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.