Dominican Republic vs Nepal: Average transaction cost of sending remittances to a specific country
Dominican Republic
2.5%
in 2023
Nepal
2.5%
in 2023
Dominican Republic rank
58th
Nepal rank
57th
Average transaction cost of sending remittances to a specific country over time
- Dominican Republic
- Nepal
How they compare
Nepal currently reports 2.5% against 2.5% in Dominican Republic, a difference of 0.0%.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Dominican Republic ahead.
Dominican Republic ranks 58th and Nepal ranks 57th of 100 countries.
Across the 2 decades both report, Dominican Republic averaged higher in 1 and Nepal in 1.
Head to head by decade
| Decade | Dominican Republic | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | 4.6% | 0.5% | Dominican Republic |
| 2020s | 2.1% | 2.7% | 0.7% | Nepal |
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, Dominican Republic or Nepal?
- Nepal, at 2.5% against 2.5% in Dominican Republic as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Dominican Republic and Nepal?
- 0.0%, with Nepal ahead.
- How many years of comparable data are there for Dominican Republic and Nepal?
- 8 years are reported by both, from 2016 to 2023.
- How do Dominican Republic and Nepal rank globally for average transaction cost of sending remittances to a specific country?
- Dominican Republic ranks 58th and Nepal ranks 57th 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.