Hungary vs Philippines: Average transaction cost of sending remittances to a specific country
Hungary
1.6%
in 2023
Philippines
1.7%
in 2023
Hungary rank
87th
Philippines rank
86th
Average transaction cost of sending remittances to a specific country over time
- Hungary
- Philippines
How they compare
Philippines currently reports 1.7% against 1.6% in Hungary, a difference of 0.1%.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Hungary ahead.
Hungary ranks 87th and Philippines ranks 86th of 100 countries.
Philippines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hungary | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.5% | 3.9% | 0.4% | Philippines |
| 2020s | 1.9% | 2.0% | 0.1% | Philippines |
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 Philippines?
- Philippines, at 1.7% against 1.6% in Hungary as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Hungary and Philippines?
- 0.1%, with Philippines ahead.
- How many years of comparable data are there for Hungary and Philippines?
- 8 years are reported by both, from 2016 to 2023.
- How do Hungary and Philippines rank globally for average transaction cost of sending remittances to a specific country?
- Hungary ranks 87th and Philippines ranks 86th 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.