Bosnia and Herzegovina vs Jamaica: Average transaction cost of sending remittances to a specific country
Average transaction cost of sending remittances to a specific country over time
- Bosnia and Herzegovina
- Jamaica
How they compare
Bosnia and Herzegovina currently reports 3.9% against 3.6% in Jamaica, a difference of 0.3%.
That makes Bosnia and Herzegovina's figure about 1.1 times Jamaica's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 34th and Jamaica ranks 37th of 100 countries.
Jamaica has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bosnia and Herzegovina | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.5% | 7.6% | 2.1% | Jamaica |
| 2020s | 3.0% | 3.7% | 0.7% | Jamaica |
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, Bosnia and Herzegovina or Jamaica?
- Bosnia and Herzegovina, at 3.9% against 3.6% in Jamaica as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Bosnia and Herzegovina and Jamaica?
- 0.3%, with Bosnia and Herzegovina ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Jamaica?
- 8 years are reported by both, from 2016 to 2023.
- How do Bosnia and Herzegovina and Jamaica rank globally for average transaction cost of sending remittances to a specific country?
- Bosnia and Herzegovina ranks 34th and Jamaica ranks 37th 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.
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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.