Average transaction cost of sending remittances to a specific country in Eswatini
Eswatini: Average transaction cost of sending remittances to a specific country was 1.8% in 2023. ◆ Volatile
Average transaction cost of sending remittances to a specific country in Eswatini, 2016–2023
Source: Remittance Prices Worldwide, World Bank (WB). Measured in %.
Analysis
In 2023, average transaction cost of sending remittances to a specific country in Eswatini stood at 1.8%.
The figure is down 89.1% over ten years.
Eswatini ranks 81st of 100 countries on this measure, in the bottom quarter.
Average transaction cost of sending remittances to a specific country in Eswatini, year by year
| Year | % | Change |
|---|---|---|
| 2016 | 16.7% | — |
| 2017 | 10.2% | -38.6% |
| 2018 | 10.8% | +5.3% |
| 2020 | 1.5% | -86.5% |
| 2021 | 0.7% | -50.0% |
| 2022 | 1.8% | +149.3% |
| 2023 | 1.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.6% | 10.2% | 16.7% | 3 |
| 2020s | 1.5% | 0.7% | 1.8% | 4 |
Countries ranked near Eswatini
More financial sector data for Eswatini
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.15 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.15 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is average transaction cost of sending remittances to a specific country in Eswatini?
- Average transaction cost of sending remittances to a specific country in Eswatini was 1.8% in 2023, according to Remittance Prices Worldwide, World Bank (WB).
- What is the highest average transaction cost of sending remittances to a specific country recorded in Eswatini?
- The highest recorded value was 16.7% in 2016.
- What is the lowest average transaction cost of sending remittances to a specific country recorded in Eswatini?
- The lowest recorded value was 0.7% in 2021.
- How does Eswatini rank for average transaction cost of sending remittances to a specific country?
- Eswatini ranks 81st out of 100 countries with data for 2023.
- Is average transaction cost of sending remittances to a specific country rising or falling in Eswatini?
- Over the last ten years it is down 89.1%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from Remittance Prices Worldwide, World Bank (WB), published as part of Average transaction cost of sending remittances to a specific country (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.