Rwanda vs Tanzania, United Republic of: Average transaction cost of sending remittances to a specific country
Average transaction cost of sending remittances to a specific country over time
- Rwanda
- Tanzania, United Republic of
How they compare
Rwanda currently reports 5.8% against 5.3% in Tanzania, United Republic of, a difference of 0.5%.
That makes Rwanda's figure about 1.1 times Tanzania, United Republic of's.
The two have swapped places 3 times across 8 shared years of data; in 2016 it was Tanzania, United Republic of ahead.
Rwanda ranks 17th and Tanzania, United Republic of ranks 20th of 100 countries.
Across the 2 decades both report, Rwanda averaged higher in 1 and Tanzania, United Republic of in 1.
Head to head by decade
| Decade | Rwanda | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.7% | 9.0% | 1.2% | Tanzania, United Republic of |
| 2020s | 5.1% | 4.9% | 0.2% | Rwanda |
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, Rwanda or Tanzania, United Republic of?
- Rwanda, at 5.8% against 5.3% in Tanzania, United Republic of as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Rwanda and Tanzania, United Republic of?
- 0.5%, with Rwanda ahead.
- How many years of comparable data are there for Rwanda and Tanzania, United Republic of?
- 8 years are reported by both, from 2016 to 2023.
- How do Rwanda and Tanzania, United Republic of rank globally for average transaction cost of sending remittances to a specific country?
- Rwanda ranks 17th and Tanzania, United Republic of ranks 20th 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.