Zimbabwe ZW: Average Transaction Cost of Sending Remittances to a Specific Country

Zimbabwe ZW: Average Transaction Cost of Sending Remittances to a Specific Country data was reported at 11.231 % in 2017. This records a decrease from the previous number of 11.362 % for 2016. Zimbabwe ZW: Average Transaction Cost of Sending Remittances to a Specific Country data is updated yearly, averaging 12.200 % from Dec 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 13.908 % in 2014 and a record low of 11.231 % in 2017. Zimbabwe ZW: 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 Zimbabwe – Table ZW.World Bank.WDI: 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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