Bangladesh vs Zambia: Average transaction cost of sending remittances to a specific country
Bangladesh
7.7%
in 2023
Zambia
8.1%
in 2023
Bangladesh rank
13th
Zambia rank
10th
Average transaction cost of sending remittances to a specific country over time
- Bangladesh
- Zambia
How they compare
Zambia currently reports 8.1% against 7.7% in Bangladesh, a difference of 0.4%.
That makes Zambia's figure about 1.1 times Bangladesh's.
Across all 8 years both countries report, Zambia has been ahead every year.
Bangladesh ranks 13th and Zambia ranks 10th of 100 countries.
Zambia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bangladesh | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.4% | 11.4% | 8.0% | Zambia |
| 2020s | 4.2% | 7.6% | 3.4% | Zambia |
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, Bangladesh or Zambia?
- Zambia, at 8.1% against 7.7% in Bangladesh as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Bangladesh and Zambia?
- 0.4%, with Zambia ahead.
- How many years of comparable data are there for Bangladesh and Zambia?
- 8 years are reported by both, from 2016 to 2023.
- How do Bangladesh and Zambia rank globally for average transaction cost of sending remittances to a specific country?
- Bangladesh ranks 13th and Zambia ranks 10th 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.