Eritrea vs Vanuatu: Average transaction cost of sending remittances to a specific country
Eritrea
9.2%
in 2023
Vanuatu
9.5%
in 2023
Eritrea rank
6th
Vanuatu rank
5th
Average transaction cost of sending remittances to a specific country over time
- Eritrea
- Vanuatu
How they compare
Vanuatu currently reports 9.5% against 9.2% in Eritrea, a difference of 0.3%.
The two have swapped places 4 times across 7 shared years of data; in 2016 it was Vanuatu ahead.
Eritrea ranks 6th and Vanuatu ranks 5th of 100 countries.
Across the 2 decades both report, Eritrea averaged higher in 1 and Vanuatu in 1.
Head to head by decade
| Decade | Eritrea | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.9% | 8.7% | 2.1% | Eritrea |
| 2020s | 7.7% | 8.5% | 0.8% | Vanuatu |
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, Eritrea or Vanuatu?
- Vanuatu, at 9.5% against 9.2% in Eritrea as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Eritrea and Vanuatu?
- 0.3%, with Vanuatu ahead.
- How many years of comparable data are there for Eritrea and Vanuatu?
- 7 years are reported by both, from 2016 to 2023.
- How do Eritrea and Vanuatu rank globally for average transaction cost of sending remittances to a specific country?
- Eritrea ranks 6th and Vanuatu ranks 5th 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.