Hungary vs Lithuania: Average transaction cost of sending remittances to a specific country
Hungary
1.6%
in 2023
Lithuania
1.4%
in 2023
Hungary rank
87th
Lithuania rank
88th
Average transaction cost of sending remittances to a specific country over time
- Hungary
- Lithuania
How they compare
Hungary currently reports 1.6% against 1.4% in Lithuania, a difference of 0.2%.
That makes Hungary's figure about 1.2 times Lithuania's.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was Hungary ahead.
Hungary ranks 87th and Lithuania ranks 88th of 100 countries.
Lithuania has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hungary | Lithuania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.5% | 4.4% | 0.8% | Lithuania |
| 2020s | 1.9% | 2.1% | 0.2% | Lithuania |
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, Hungary or Lithuania?
- Hungary, at 1.6% against 1.4% in Lithuania as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Hungary and Lithuania?
- 0.2%, with Hungary ahead.
- How many years of comparable data are there for Hungary and Lithuania?
- 8 years are reported by both, from 2016 to 2023.
- How do Hungary and Lithuania rank globally for average transaction cost of sending remittances to a specific country?
- Hungary ranks 87th and Lithuania ranks 88th 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.