Gambia vs Guyana: Average transaction cost of sending remittances to a specific country
Gambia
6.8%
in 2023
Guyana
7.9%
in 2023
Gambia rank
14th
Guyana rank
11th
Average transaction cost of sending remittances to a specific country over time
- Gambia
- Guyana
How they compare
Guyana currently reports 7.9% against 6.8% in Gambia, a difference of 1.1%.
That makes Guyana's figure about 1.2 times Gambia's.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was Gambia ahead.
Gambia ranks 14th and Guyana ranks 11th of 100 countries.
Guyana has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Gambia | Guyana | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.1% | 8.6% | 0.5% | Guyana |
| 2020s | 5.3% | 7.8% | 2.5% | Guyana |
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, Gambia or Guyana?
- Guyana, at 7.9% against 6.8% in Gambia as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Gambia and Guyana?
- 1.1%, with Guyana ahead.
- How many years of comparable data are there for Gambia and Guyana?
- 8 years are reported by both, from 2016 to 2023.
- How do Gambia and Guyana rank globally for average transaction cost of sending remittances to a specific country?
- Gambia ranks 14th and Guyana ranks 11th 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.