Canada - Transaction costs
Average transaction cost of sending remittances from a specific country (%)
Average transaction cost of sending remittances from a specific country (%) in Canada was 6.27 as of 2020. Its highest value over the past 9 years was 11.87 in 2011, while its lowest value was 6.27 in 2020.
Definition: Average transaction cost of sending remittance from 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 from a specific country.
Source: World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org
See also:
2011
2012
2012
2013
2013
2014
2014
2015
2015
2016
2016
2017
2017
2018
2018
2019
2019
2020
2020
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
| Year | Value |
|---|---|
| 2011 | 11.87 |
| 2012 | 10.06 |
| 2013 | 10.97 |
| 2014 | 9.31 |
| 2015 | 9.08 |
| 2016 | 8.36 |
| 2017 | 7.29 |
| 2018 | 8.02 |
| 2019 | 7.94 |
| 2020 | 6.27 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Access
