Kazakhstan vs Malaysia: Average transaction cost of sending remittances to a specific country
Kazakhstan
1.2%
in 2021
Malaysia
1.0%
in 2023
Kazakhstan rank
91st
Malaysia rank
92nd
Average transaction cost of sending remittances to a specific country over time
- Kazakhstan
- Malaysia
How they compare
Kazakhstan currently reports 1.2% against 1.0% in Malaysia, a difference of 0.2%.
That makes Kazakhstan's figure about 1.2 times Malaysia's.
The two have swapped places 3 times across 6 shared years of data; in 2016 it was Malaysia ahead.
Kazakhstan ranks 91st and Malaysia ranks 92nd of 100 countries.
Malaysia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kazakhstan | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.2% | 3.5% | 2.4% | Malaysia |
| 2020s | 1.1% | 1.1% | 0.0% | Malaysia |
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, Kazakhstan or Malaysia?
- Kazakhstan, at 1.2% against 1.0% in Malaysia as of 2021.
- What is the difference in average transaction cost of sending remittances to a specific country between Kazakhstan and Malaysia?
- 0.2%, with Kazakhstan ahead.
- How many years of comparable data are there for Kazakhstan and Malaysia?
- 6 years are reported by both, from 2016 to 2021.
- How do Kazakhstan and Malaysia rank globally for average transaction cost of sending remittances to a specific country?
- Kazakhstan ranks 91st and Malaysia ranks 92nd 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.