Laos LA: Average Transaction Cost of Sending Remittances to a Specific Country

Laos LA: Average Transaction Cost of Sending Remittances to a Specific Country data was reported at 16.322 % in 2017. This records an increase from the previous number of 13.889 % for 2016. Laos LA: Average Transaction Cost of Sending Remittances to a Specific Country data is updated yearly, averaging 15.105 % from Dec 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of 16.322 % in 2017 and a record low of 13.889 % in 2016. Laos LA: Average Transaction Cost of Sending Remittances to a Specific Country data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Payment System. 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.; ; World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org; Unweighted average;

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What was Laos's Laos LA: Average Transaction Cost of Sending Remittances to a Specific Country in 2017?

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