Albania vs Lebanon: Average transaction cost of sending remittances to a specific country
Albania
5.6%
in 2023
Lebanon
5.3%
in 2023
Albania rank
18th
Lebanon rank
21st
Average transaction cost of sending remittances to a specific country over time
- Albania
- Lebanon
How they compare
Albania currently reports 5.6% against 5.3% in Lebanon, a difference of 0.3%.
That makes Albania's figure about 1.1 times Lebanon's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Albania ahead.
Albania ranks 18th and Lebanon ranks 21st of 100 countries.
Albania has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Albania | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.7% | 8.2% | 0.5% | Albania |
| 2020s | 6.3% | 6.2% | 0.1% | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average transaction cost of sending remittances to a specific country, Albania or Lebanon?
- Albania, at 5.6% against 5.3% in Lebanon as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Albania and Lebanon?
- 0.3%, with Albania ahead.
- How many years of comparable data are there for Albania and Lebanon?
- 8 years are reported by both, from 2016 to 2023.
- How do Albania and Lebanon rank globally for average transaction cost of sending remittances to a specific country?
- Albania ranks 18th and Lebanon ranks 21st of 100 countries.
- Where does this data come from?
- Remittance Prices Worldwide, World Bank (WB), published as Average transaction cost of sending remittances to 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 to 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 to a specific country.