Malaysia vs Romania: Average transaction cost of sending remittances to a specific country
Malaysia
1.0%
in 2023
Romania
0.9%
in 2023
Malaysia rank
92nd
Romania rank
94th
Average transaction cost of sending remittances to a specific country over time
- Malaysia
- Romania
How they compare
Malaysia currently reports 1.0% against 0.9% in Romania, a difference of 0.1%.
That makes Malaysia's figure about 1.1 times Romania's.
The two have swapped places 6 times across 8 shared years of data; in 2016 it was Malaysia ahead.
Malaysia ranks 92nd and Romania ranks 94th of 100 countries.
Across the 2 decades both report, Malaysia averaged higher in 1 and Romania in 1.
Head to head by decade
| Decade | Malaysia | Romania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.5% | 2.7% | 0.8% | Malaysia |
| 2020s | 1.0% | 1.3% | 0.3% | Romania |
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, Malaysia or Romania?
- Malaysia, at 1.0% against 0.9% in Romania as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Malaysia and Romania?
- 0.1%, with Malaysia ahead.
- How many years of comparable data are there for Malaysia and Romania?
- 8 years are reported by both, from 2016 to 2023.
- How do Malaysia and Romania rank globally for average transaction cost of sending remittances to a specific country?
- Malaysia ranks 92nd and Romania ranks 94th 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.