Jamaica vs Vietnam: Average transaction cost of sending remittances to a specific country
Jamaica
3.6%
in 2023
Vietnam
3.5%
in 2023
Jamaica rank
37th
Vietnam rank
40th
Average transaction cost of sending remittances to a specific country over time
- Jamaica
- Vietnam
How they compare
Jamaica currently reports 3.6% against 3.5% in Vietnam, a difference of 0.1%.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Jamaica ahead.
Jamaica ranks 37th and Vietnam ranks 40th of 100 countries.
Across the 2 decades both report, Jamaica averaged higher in 1 and Vietnam in 1.
Head to head by decade
| Decade | Jamaica | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.6% | 6.1% | 1.5% | Jamaica |
| 2020s | 3.7% | 3.7% | 0.0% | Vietnam |
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, Jamaica or Vietnam?
- Jamaica, at 3.6% against 3.5% in Vietnam as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Jamaica and Vietnam?
- 0.1%, with Jamaica ahead.
- How many years of comparable data are there for Jamaica and Vietnam?
- 8 years are reported by both, from 2016 to 2023.
- How do Jamaica and Vietnam rank globally for average transaction cost of sending remittances to a specific country?
- Jamaica ranks 37th and Vietnam ranks 40th 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.