Cape Verde vs Vietnam: Average transaction cost of sending remittances to a specific country
Cape Verde
3.4%
in 2023
Vietnam
3.5%
in 2023
Cape Verde rank
42nd
Vietnam rank
40th
Average transaction cost of sending remittances to a specific country over time
- Cape Verde
- Vietnam
How they compare
Vietnam 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 Vietnam ahead.
Cape Verde ranks 42nd and Vietnam ranks 40th 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 | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.4% | 6.1% | 1.4% | Cape Verde |
| 2020s | 5.5% | 3.7% | 1.7% | 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 Vietnam?
- Vietnam, 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 Cape Verde and Vietnam?
- 0.1%, with Vietnam ahead.
- How many years of comparable data are there for Cape Verde and Vietnam?
- 8 years are reported by both, from 2016 to 2023.
- How do Cape Verde and Vietnam rank globally for average transaction cost of sending remittances to a specific country?
- Cape Verde ranks 42nd and Vietnam ranks 40th 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.