Rwanda - Transaction costs

Average transaction cost of sending remittances to a specific country (%)

Average transaction cost of sending remittances to a specific country (%) in Rwanda was 9.89 as of 2020. Its highest value over the past 9 years was 16.59 in 2011, while its lowest value was 9.89 in 2020.

Definition: 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.

Source: World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
2011	16.59
2012	14.87
2013	15.03
2014	12.92
2015	13.84
2016	13.35
2017	11.54
2018	12.95
2019	11.38
2020	9.89

Average transaction cost of sending remittances from a specific country (%)

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:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
2016	7.04
2017	6.23
2018	6.75
2019	5.37
2020	8.54

Classification

Topic: Financial Sector Indicators

Sub-Topic: Access