Paraguay vs Zimbabwe: Average transaction cost of sending remittances to a specific country
Paraguay
4.7%
in 2023
Zimbabwe
5.3%
in 2023
Paraguay rank
25th
Zimbabwe rank
22nd
Average transaction cost of sending remittances to a specific country over time
- Paraguay
- Zimbabwe
How they compare
Zimbabwe currently reports 5.3% against 4.7% in Paraguay, a difference of 0.6%.
That makes Zimbabwe's figure about 1.1 times Paraguay's.
The two have swapped places 4 times across 8 shared years of data; in 2016 it was Zimbabwe ahead.
Paraguay ranks 25th and Zimbabwe ranks 22nd of 100 countries.
Across the 2 decades both report, Paraguay averaged higher in 1 and Zimbabwe in 1.
Head to head by decade
| Decade | Paraguay | Zimbabwe | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.6% | 8.2% | 1.5% | Zimbabwe |
| 2020s | 6.0% | 4.9% | 1.0% | Paraguay |
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, Paraguay or Zimbabwe?
- Zimbabwe, at 5.3% against 4.7% in Paraguay as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Paraguay and Zimbabwe?
- 0.6%, with Zimbabwe ahead.
- How many years of comparable data are there for Paraguay and Zimbabwe?
- 8 years are reported by both, from 2016 to 2023.
- How do Paraguay and Zimbabwe rank globally for average transaction cost of sending remittances to a specific country?
- Paraguay ranks 25th and Zimbabwe ranks 22nd 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.