China vs Liberia: Average transaction cost of sending remittances to a specific country
China
2.8%
in 2023
Liberia
2.8%
in 2023
China rank
52nd
Liberia rank
51st
Average transaction cost of sending remittances to a specific country over time
- China
- Liberia
How they compare
Liberia currently reports 2.8% against 2.8% in China, a difference of 0.0%.
The two have swapped places 1 time across 7 shared years of data; in 2016 it was China ahead.
China ranks 52nd and Liberia ranks 51st of 100 countries.
China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | China | Liberia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.0% | 5.1% | 2.0% | China |
| 2020s | 3.4% | 2.5% | 0.9% | China |
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, China or Liberia?
- Liberia, at 2.8% against 2.8% in China as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between China and Liberia?
- 0.0%, with Liberia ahead.
- How many years of comparable data are there for China and Liberia?
- 7 years are reported by both, from 2016 to 2023.
- How do China and Liberia rank globally for average transaction cost of sending remittances to a specific country?
- China ranks 52nd and Liberia ranks 51st 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.