Cape Verde vs Ethiopia: Average transaction cost of sending remittances to a specific country
Cape Verde
3.4%
in 2023
Ethiopia
3.4%
in 2023
Cape Verde rank
42nd
Ethiopia rank
45th
Average transaction cost of sending remittances to a specific country over time
- Cape Verde
- Ethiopia
How they compare
Cape Verde currently reports 3.4% against 3.4% in Ethiopia, a difference of 0.0%.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Ethiopia ahead.
Cape Verde ranks 42nd and Ethiopia ranks 45th of 100 countries.
Cape Verde has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.4% | 6.6% | 0.8% | Cape Verde |
| 2020s | 5.5% | 5.0% | 0.4% | 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, Cape Verde or Ethiopia?
- Cape Verde, at 3.4% against 3.4% in Ethiopia as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Cape Verde and Ethiopia?
- 0.0%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Ethiopia?
- 8 years are reported by both, from 2016 to 2023.
- How do Cape Verde and Ethiopia rank globally for average transaction cost of sending remittances to a specific country?
- Cape Verde ranks 42nd and Ethiopia ranks 45th 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.