Cambodia vs Latvia: Average transaction cost of sending remittances to a specific country

Cambodia
2.1%
in 2023
Latvia
2.1%
in 2021
Cambodia rank
69th
Latvia rank
72nd

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

  • Cambodia
  • Latvia
234567201620192023

How they compare

Cambodia currently reports 2.1% against 2.1% in Latvia, a difference of 0.0%.

The two have swapped places 4 times across 6 shared years of data; in 2016 it was Cambodia ahead.

Cambodia ranks 69th and Latvia ranks 72nd of 100 countries.

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

Head to head by decade

Decade Cambodia Latvia Difference Ahead
2010s 4.7% 4.3% 0.5% Cambodia
2020s 4.0% 2.9% 1.1% Cambodia

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, Cambodia or Latvia?
Cambodia, at 2.1% against 2.1% in Latvia as of 2023.
What is the difference in average transaction cost of sending remittances to a specific country between Cambodia and Latvia?
0.0%, with Cambodia ahead.
How many years of comparable data are there for Cambodia and Latvia?
6 years are reported by both, from 2016 to 2021.
How do Cambodia and Latvia rank globally for average transaction cost of sending remittances to a specific country?
Cambodia ranks 69th and Latvia ranks 72nd 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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Cambodia vs Latvia: Average transaction cost of sending remittances to a specific country. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-to-a-specific-country-percent/cambodia/latvia/

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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.