Zambia - Transaction costs
Average transaction cost of sending remittances to a specific country (%)
Average transaction cost of sending remittances to a specific country (%) in Zambia was 13.57 as of 2020. Its highest value over the past 9 years was 17.10 in 2013, while its lowest value was 12.97 in 2019.
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:
| Year | Value |
|---|---|
| 2011 | 14.22 |
| 2012 | 15.04 |
| 2013 | 17.10 |
| 2014 | 16.36 |
| 2015 | 15.74 |
| 2016 | 15.72 |
| 2017 | 15.17 |
| 2018 | 14.68 |
| 2019 | 12.97 |
| 2020 | 13.57 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Access
