Morocco vs South Africa: Average transaction cost of sending remittances to a specific country
Average transaction cost of sending remittances to a specific country over time
- Morocco
- South Africa
How they compare
South Africa currently reports 4.6% against 4.2% in Morocco, a difference of 0.4%.
That makes South Africa's figure about 1.1 times Morocco's.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was South Africa ahead.
Morocco ranks 31st and South Africa ranks 28th of 100 countries.
Across the 2 decades both report, Morocco averaged higher in 1 and South Africa in 1.
Head to head by decade
| Decade | Morocco | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.3% | 6.4% | 0.2% | South Africa |
| 2020s | 4.9% | 3.8% | 1.1% | Morocco |
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, Morocco or South Africa?
- South Africa, at 4.6% against 4.2% in Morocco as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Morocco and South Africa?
- 0.4%, with South Africa ahead.
- How many years of comparable data are there for Morocco and South Africa?
- 8 years are reported by both, from 2016 to 2023.
- How do Morocco and South Africa rank globally for average transaction cost of sending remittances to a specific country?
- Morocco ranks 31st and South Africa ranks 28th 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.