What is the difference in average transaction cost of sending remittances to a specific country between Lao People's Democratic Republic and Paraguay?

0.2%, with Lao People's Democratic Republic ahead.

How many years of comparable data are there for Lao People's Democratic Republic and Paraguay?

8 years are reported by both, from 2016 to 2023.

Lao People's Democratic Republic vs Paraguay: Average transaction cost of sending remittances to a specific country

Lao People's Democratic Republic

4.9%

in 2023

Paraguay

4.7%

in 2023

Lao People's Democratic Republic rank

23rd

Paraguay rank

25th

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

Lao People's Democratic Republic
Paraguay

How they compare

Lao People's Democratic Republic currently reports 4.9% against 4.7% in Paraguay, a difference of 0.2%.

The two have swapped places 2 times across 8 shared years of data; in 2016 it was Lao People's Democratic Republic ahead.

Lao People's Democratic Republic ranks 23rd and Paraguay ranks 25th of 100 countries.

Paraguay has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Lao People's Democratic Republic	Paraguay	Difference	Ahead
2010s	6.2%	6.6%	0.5%	Paraguay
2020s	4.3%	6.0%	1.7%	Paraguay

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, Lao People's Democratic Republic or Paraguay?: Lao People's Democratic Republic, at 4.9% against 4.7% in Paraguay as of 2023.
What is the difference in average transaction cost of sending remittances to a specific country between Lao People's Democratic Republic and Paraguay?: 0.2%, with Lao People's Democratic Republic ahead.
How many years of comparable data are there for Lao People's Democratic Republic and Paraguay?: 8 years are reported by both, from 2016 to 2023.
How do Lao People's Democratic Republic and Paraguay rank globally for average transaction cost of sending remittances to a specific country?: Lao People's Democratic Republic ranks 23rd and Paraguay ranks 25th 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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Lao People's Democratic Republic vs Paraguay: Average transaction cost of sending remittances to a specific country. Statizoid, drawing on Remittance Prices Worldwide, World Bank (WB). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-to-a-specific-country-percent/lao-pdr/paraguay/

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<a href="https://financial-sector.statizoid.com/compare/average-transaction-cost-of-sending-remittances-to-a-specific-country-percent/lao-pdr/paraguay/">Lao People's Democratic Republic vs Paraguay: Average transaction cost of sending remittances to a specific country</a> — Statizoid

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: 03 September 2026

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.