Georgia vs Ukraine: Average transaction cost of sending remittances to a specific country
Georgia
0.8%
in 2021
Ukraine
0.7%
in 2023
Georgia rank
95th
Ukraine rank
98th
Average transaction cost of sending remittances to a specific country over time
- Georgia
- Ukraine
How they compare
Georgia currently reports 0.8% against 0.7% in Ukraine, a difference of 0.1%.
That makes Georgia's figure about 1.2 times Ukraine's.
Across all 6 years both countries report, Ukraine has been ahead every year.
Georgia ranks 95th and Ukraine ranks 98th of 100 countries.
Ukraine has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Georgia | Ukraine | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.2% | 4.7% | 3.4% | Ukraine |
| 2020s | 0.8% | 3.0% | 2.2% | Ukraine |
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, Georgia or Ukraine?
- Georgia, at 0.8% against 0.7% in Ukraine as of 2021.
- What is the difference in average transaction cost of sending remittances to a specific country between Georgia and Ukraine?
- 0.1%, with Georgia ahead.
- How many years of comparable data are there for Georgia and Ukraine?
- 6 years are reported by both, from 2016 to 2021.
- How do Georgia and Ukraine rank globally for average transaction cost of sending remittances to a specific country?
- Georgia ranks 95th and Ukraine ranks 98th 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.