Laos vs Tanzania: Average transaction cost of sending remittances to a specific country
Laos
4.9%
in 2023
Tanzania
5.3%
in 2023
Laos rank
23rd
Tanzania rank
20th
Average transaction cost of sending remittances to a specific country over time
- Laos
- Tanzania
How they compare
Tanzania currently reports 5.3% against 4.9% in Laos, a difference of 0.4%.
That makes Tanzania's figure about 1.1 times Laos's.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Laos ahead.
Laos ranks 23rd and Tanzania ranks 20th of 100 countries.
Tanzania has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.2% | 9.0% | 2.8% | Tanzania |
| 2020s | 4.3% | 4.9% | 0.6% | Tanzania |
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, Laos or Tanzania?
- Tanzania, at 5.3% against 4.9% in Laos as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Laos and Tanzania?
- 0.4%, with Tanzania ahead.
- How many years of comparable data are there for Laos and Tanzania?
- 8 years are reported by both, from 2016 to 2023.
- How do Laos and Tanzania rank globally for average transaction cost of sending remittances to a specific country?
- Laos ranks 23rd and Tanzania ranks 20th 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.