Kenya vs Peru: Average transaction cost of sending remittances to a specific country

Kenya
3.9%
in 2023
Peru
3.6%
in 2023
Kenya rank
35th
Peru rank
38th

Average transaction cost of sending remittances to a specific country over time

  • Kenya
  • Peru
246810201620192023

How they compare

Kenya currently reports 3.9% against 3.6% in Peru, a difference of 0.3%.

That makes Kenya's figure about 1.1 times Peru's.

The two have swapped places 4 times across 8 shared years of data; in 2016 it was Kenya ahead.

Kenya ranks 35th and Peru ranks 38th of 100 countries.

Across the 2 decades both report, Kenya averaged higher in 1 and Peru in 1.

Head to head by decade

Decade Kenya Peru Difference Ahead
2010s 7.3% 5.2% 2.1% Kenya
2020s 4.1% 4.4% 0.4% Peru

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, Kenya or Peru?
Kenya, at 3.9% against 3.6% in Peru as of 2023.
What is the difference in average transaction cost of sending remittances to a specific country between Kenya and Peru?
0.3%, with Kenya ahead.
How many years of comparable data are there for Kenya and Peru?
8 years are reported by both, from 2016 to 2023.
How do Kenya and Peru rank globally for average transaction cost of sending remittances to a specific country?
Kenya ranks 35th and Peru ranks 38th 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.

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Kenya vs Peru: Average transaction cost of sending remittances to a specific country. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-to-a-specific-country-percent/kenya/peru/

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About this data

Indicator
Average transaction cost of sending remittances to a specific country (%)
Unit
%
Source
Remittance Prices Worldwide, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
100 places, 776 data points, 2016–2023
Last refreshed

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.