Egypt vs Ethiopia: Average transaction cost of sending remittances to a specific country
Egypt
3.3%
in 2023
Ethiopia
3.4%
in 2023
Egypt rank
47th
Ethiopia rank
45th
Average transaction cost of sending remittances to a specific country over time
- Egypt
- Ethiopia
How they compare
Ethiopia currently reports 3.4% against 3.3% in Egypt, a difference of 0.1%.
Across all 8 years both countries report, Ethiopia has been ahead every year.
Egypt ranks 47th and Ethiopia ranks 45th of 100 countries.
Ethiopia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Egypt | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.2% | 6.6% | 1.4% | Ethiopia |
| 2020s | 4.2% | 5.0% | 0.8% | Ethiopia |
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, Egypt or Ethiopia?
- Ethiopia, at 3.4% against 3.3% in Egypt as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Egypt and Ethiopia?
- 0.1%, with Ethiopia ahead.
- How many years of comparable data are there for Egypt and Ethiopia?
- 8 years are reported by both, from 2016 to 2023.
- How do Egypt and Ethiopia rank globally for average transaction cost of sending remittances to a specific country?
- Egypt ranks 47th and Ethiopia ranks 45th 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.