Haiti vs Lao People's Democratic Republic: Average transaction cost of sending remittances to a specific country
Haiti
4.7%
in 2023
Lao People's Democratic Republic
4.9%
in 2023
Haiti rank
24th
Lao People's Democratic Republic rank
23rd
Average transaction cost of sending remittances to a specific country over time
- Haiti
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 4.9% against 4.7% in Haiti, a difference of 0.2%.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Lao People's Democratic Republic ahead.
Haiti ranks 24th and Lao People's Democratic Republic ranks 23rd of 100 countries.
Haiti has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Haiti | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.8% | 6.2% | 0.7% | Haiti |
| 2020s | 5.1% | 4.3% | 0.8% | Haiti |
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, Haiti or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 4.9% against 4.7% in Haiti as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Haiti and Lao People's Democratic Republic?
- 0.2%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Haiti and Lao People's Democratic Republic?
- 8 years are reported by both, from 2016 to 2023.
- How do Haiti and Lao People's Democratic Republic rank globally for average transaction cost of sending remittances to a specific country?
- Haiti ranks 24th and Lao People's Democratic Republic ranks 23rd 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.