Gambia vs Rwanda: Average transaction cost of sending remittances to a specific country
Gambia
6.8%
in 2023
Rwanda
5.8%
in 2023
Gambia rank
14th
Rwanda rank
17th
Average transaction cost of sending remittances to a specific country over time
- Gambia
- Rwanda
How they compare
Gambia currently reports 6.8% against 5.8% in Rwanda, a difference of 1.0%.
That makes Gambia's figure about 1.2 times Rwanda's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Gambia ahead.
Gambia ranks 14th and Rwanda ranks 17th of 100 countries.
Gambia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Gambia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.1% | 7.7% | 0.3% | Gambia |
| 2020s | 5.3% | 5.1% | 0.2% | Gambia |
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 Rwanda?
- Gambia, at 6.8% against 5.8% in Rwanda as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Gambia and Rwanda?
- 1.0%, with Gambia ahead.
- How many years of comparable data are there for Gambia and Rwanda?
- 8 years are reported by both, from 2016 to 2023.
- How do Gambia and Rwanda rank globally for average transaction cost of sending remittances to a specific country?
- Gambia ranks 14th and Rwanda ranks 17th 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.