Botswana vs Zambia: Average transaction cost of sending remittances to a specific country

Botswana
8.4%
in 2023
Zambia
8.1%
in 2023
Botswana rank
9th
Zambia rank
10th

Average transaction cost of sending remittances to a specific country over time

  • Botswana
  • Zambia
5101520201620192023

How they compare

Botswana currently reports 8.4% against 8.1% in Zambia, a difference of 0.3%.

Across all 8 years both countries report, Botswana has been ahead every year.

Botswana ranks 9th and Zambia ranks 10th of 100 countries.

Botswana has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Botswana Zambia Difference Ahead
2010s 13.6% 11.4% 2.2% Botswana
2020s 8.8% 7.6% 1.3% 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 Zambia?
Botswana, at 8.4% against 8.1% in Zambia as of 2023.
What is the difference in average transaction cost of sending remittances to a specific country between Botswana and Zambia?
0.3%, with Botswana ahead.
How many years of comparable data are there for Botswana and Zambia?
8 years are reported by both, from 2016 to 2023.
How do Botswana and Zambia rank globally for average transaction cost of sending remittances to a specific country?
Botswana ranks 9th 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.

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Botswana vs Zambia: Average transaction cost of sending remittances to a specific country. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-to-a-specific-country-percent/botswana/zambia/

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About this data

Indicator
Average transaction cost of sending remittances to a specific country (%)
Unit
%
Source
Remittance Prices Worldwide, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
100 places, 776 data points, 2016–2023
Last refreshed

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.