Bulgaria vs Cape Verde: Average transaction cost of sending remittances to a specific country
Bulgaria
3.5%
in 2023
Cape Verde
3.4%
in 2023
Bulgaria rank
39th
Cape Verde rank
42nd
Average transaction cost of sending remittances to a specific country over time
- Bulgaria
- Cape Verde
How they compare
Bulgaria currently reports 3.5% against 3.4% in Cape Verde, a difference of 0.1%.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Bulgaria ahead.
Bulgaria ranks 39th and Cape Verde ranks 42nd of 100 countries.
Cape Verde has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bulgaria | Cape Verde | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.6% | 7.4% | 1.8% | Cape Verde |
| 2020s | 4.0% | 5.5% | 1.4% | Cape Verde |
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, Bulgaria or Cape Verde?
- Bulgaria, at 3.5% against 3.4% in Cape Verde as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Bulgaria and Cape Verde?
- 0.1%, with Bulgaria ahead.
- How many years of comparable data are there for Bulgaria and Cape Verde?
- 8 years are reported by both, from 2016 to 2023.
- How do Bulgaria and Cape Verde rank globally for average transaction cost of sending remittances to a specific country?
- Bulgaria ranks 39th and Cape Verde ranks 42nd 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.