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