Botswana vs Eritrea: Average transaction cost of sending remittances to a specific country
Botswana
8.4%
in 2023
Eritrea
9.2%
in 2023
Botswana rank
9th
Eritrea rank
6th
Average transaction cost of sending remittances to a specific country over time
- Botswana
- Eritrea
How they compare
Eritrea currently reports 9.2% against 8.4% in Botswana, a difference of 0.8%.
That makes Eritrea's figure about 1.1 times Botswana's.
The two have swapped places 3 times across 7 shared years of data; in 2016 it was Botswana ahead.
Botswana ranks 9th and Eritrea ranks 6th of 100 countries.
Botswana has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Botswana | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 14.6% | 10.9% | 3.7% | Botswana |
| 2020s | 8.8% | 7.7% | 1.1% | Botswana |
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, Botswana or Eritrea?
- Eritrea, at 9.2% against 8.4% in Botswana as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Botswana and Eritrea?
- 0.8%, with Eritrea ahead.
- How many years of comparable data are there for Botswana and Eritrea?
- 7 years are reported by both, from 2016 to 2023.
- How do Botswana and Eritrea rank globally for average transaction cost of sending remittances to a specific country?
- Botswana ranks 9th and Eritrea ranks 6th 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.