Costa Rica vs Ecuador: Average transaction cost of sending remittances to a specific country
Costa Rica
2.3%
in 2023
Ecuador
2.3%
in 2023
Costa Rica rank
66th
Ecuador rank
65th
Average transaction cost of sending remittances to a specific country over time
- Costa Rica
- Ecuador
How they compare
Ecuador currently reports 2.3% against 2.3% in Costa Rica, a difference of 0.0%.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Costa Rica ahead.
Costa Rica ranks 66th and Ecuador ranks 65th of 100 countries.
Costa Rica has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Costa Rica | Ecuador | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | 3.5% | 1.6% | Costa Rica |
| 2020s | 2.9% | 1.9% | 1.0% | Costa Rica |
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, Costa Rica or Ecuador?
- Ecuador, at 2.3% against 2.3% in Costa Rica as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Costa Rica and Ecuador?
- 0.0%, with Ecuador ahead.
- How many years of comparable data are there for Costa Rica and Ecuador?
- 8 years are reported by both, from 2016 to 2023.
- How do Costa Rica and Ecuador rank globally for average transaction cost of sending remittances to a specific country?
- Costa Rica ranks 66th and Ecuador ranks 65th 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.