Bolivia vs Peru: Average transaction cost of sending remittances to a specific country
Bolivia
3.4%
in 2023
Peru
3.6%
in 2023
Bolivia rank
41st
Peru rank
38th
Average transaction cost of sending remittances to a specific country over time
- Bolivia
- Peru
How they compare
Peru currently reports 3.6% against 3.4% in Bolivia, a difference of 0.2%.
The two have swapped places 5 times across 8 shared years of data; in 2016 it was Bolivia ahead.
Bolivia ranks 41st and Peru ranks 38th of 100 countries.
Across the 2 decades both report, Bolivia averaged higher in 1 and Peru in 1.
Head to head by decade
| Decade | Bolivia | Peru | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.4% | 5.2% | 0.1% | Bolivia |
| 2020s | 4.0% | 4.4% | 0.4% | Peru |
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, Bolivia or Peru?
- Peru, at 3.6% against 3.4% in Bolivia as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Bolivia and Peru?
- 0.2%, with Peru ahead.
- How many years of comparable data are there for Bolivia and Peru?
- 8 years are reported by both, from 2016 to 2023.
- How do Bolivia and Peru rank globally for average transaction cost of sending remittances to a specific country?
- Bolivia ranks 41st and Peru ranks 38th 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.