North Macedonia vs Sri Lanka: Average transaction cost of sending remittances to a specific country
North Macedonia
2.1%
in 2023
Sri Lanka
2.2%
in 2023
North Macedonia rank
70th
Sri Lanka rank
67th
Average transaction cost of sending remittances to a specific country over time
- North Macedonia
- Sri Lanka
How they compare
Sri Lanka currently reports 2.2% against 2.1% in North Macedonia, a difference of 0.1%.
The two have swapped places 1 time across 8 shared years of data; in 2016 it was North Macedonia ahead.
North Macedonia ranks 70th and Sri Lanka ranks 67th of 100 countries.
North Macedonia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | North Macedonia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.6% | 3.8% | 4.8% | North Macedonia |
| 2020s | 2.8% | 2.2% | 0.6% | North Macedonia |
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, North Macedonia or Sri Lanka?
- Sri Lanka, at 2.2% against 2.1% in North Macedonia as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between North Macedonia and Sri Lanka?
- 0.1%, with Sri Lanka ahead.
- How many years of comparable data are there for North Macedonia and Sri Lanka?
- 8 years are reported by both, from 2016 to 2023.
- How do North Macedonia and Sri Lanka rank globally for average transaction cost of sending remittances to a specific country?
- North Macedonia ranks 70th and Sri Lanka ranks 67th 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.