Sierra Leone vs Vanuatu: Average transaction cost of sending remittances to a specific country
Sierra Leone
10.3%
in 2023
Vanuatu
9.5%
in 2023
Sierra Leone rank
3rd
Vanuatu rank
5th
Average transaction cost of sending remittances to a specific country over time
- Sierra Leone
- Vanuatu
How they compare
Sierra Leone currently reports 10.3% against 9.5% in Vanuatu, a difference of 0.8%.
That makes Sierra Leone's figure about 1.1 times Vanuatu's.
The two have swapped places 2 times across 8 shared years of data; in 2016 it was Sierra Leone ahead.
Sierra Leone ranks 3rd and Vanuatu ranks 5th of 100 countries.
Sierra Leone has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Sierra Leone | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.6% | 8.9% | 1.7% | Sierra Leone |
| 2020s | 10.3% | 8.5% | 1.7% | Sierra Leone |
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, Sierra Leone or Vanuatu?
- Sierra Leone, at 10.3% against 9.5% in Vanuatu as of 2023.
- What is the difference in average transaction cost of sending remittances to a specific country between Sierra Leone and Vanuatu?
- 0.8%, with Sierra Leone ahead.
- How many years of comparable data are there for Sierra Leone and Vanuatu?
- 8 years are reported by both, from 2016 to 2023.
- How do Sierra Leone and Vanuatu rank globally for average transaction cost of sending remittances to a specific country?
- Sierra Leone ranks 3rd and Vanuatu ranks 5th 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.