Latvia vs Republic of Moldova: Average transaction cost of sending remittances to a specific country
Latvia
2.1%
in 2021
Republic of Moldova
2.0%
in 2023
Latvia rank
72nd
Republic of Moldova rank
75th
Average transaction cost of sending remittances to a specific country over time
- Latvia
- Republic of Moldova
How they compare
Latvia currently reports 2.1% against 2.0% in Republic of Moldova, a difference of 0.1%.
The two have swapped places 2 times across 6 shared years of data; in 2016 it was Republic of Moldova ahead.
Latvia ranks 72nd and Republic of Moldova ranks 75th of 100 countries.
Republic of Moldova has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Republic of Moldova | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.3% | 4.3% | 0.0% | Republic of Moldova |
| 2020s | 2.9% | 3.6% | 0.7% | Republic of Moldova |
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, Latvia or Republic of Moldova?
- Latvia, at 2.1% against 2.0% in Republic of Moldova as of 2021.
- What is the difference in average transaction cost of sending remittances to a specific country between Latvia and Republic of Moldova?
- 0.1%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Republic of Moldova?
- 6 years are reported by both, from 2016 to 2021.
- How do Latvia and Republic of Moldova rank globally for average transaction cost of sending remittances to a specific country?
- Latvia ranks 72nd and Republic of Moldova ranks 75th 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.