Zimbabwe - Transaction costs

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

Average transaction cost of sending remittances to a specific country (%) in Zimbabwe was 9.93 as of 2020. Its highest value over the past 9 years was 13.91 in 2014, while its lowest value was 9.93 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:

Year Value
2011 13.71
2012 13.20
2013 12.20
2014 13.91
2015 11.89
2016 11.36
2017 11.23
2018 10.57
2019 10.62
2020 9.93

Classification

Topic: Financial Sector Indicators

Sub-Topic: Access