Armenia vs Tonga: Average transaction cost of sending remittances to a specific country
Armenia
4.4%
in 2023
Tonga
4.1%
in 2023
Armenia rank
29th
Tonga rank
32nd
Average transaction cost of sending remittances to a specific country over time
- Armenia
- Tonga
How they compare
Armenia currently reports 4.4% against 4.1% in Tonga, a difference of 0.3%.
That makes Armenia's figure about 1.1 times Tonga's.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Tonga ahead.
Armenia ranks 29th and Tonga ranks 32nd of 100 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.4% | 6.0% | 2.5% | Tonga |
| 2020s | 3.8% | 5.0% | 1.2% | Tonga |
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, Armenia or Tonga?
- Armenia, at 4.4% against 4.1% in Tonga as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Armenia and Tonga?
- 0.3%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Tonga?
- 8 years are reported by both, from 2016 to 2023.
- How do Armenia and Tonga rank globally for average transaction cost of sending remittances to a specific country?
- Armenia ranks 29th and Tonga ranks 32nd 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.