Corridor Comparison

Side-by-side metrics for two remittance corridors · World Bank RPW data

Metric Spain → Bolivia Spain → Nigeria
Corridor Spain → Bolivia Spain → Nigeria
Average cost 15.80% 2.88%
Cheapest cost 3.76% 0.71%
Cheapest provider Ria WorldRemit
Providers tracked 7 6
Annual volume - -
Latest quarter 2025Q3 2025Q3

What the Comparison Shows

The Spain → Bolivia corridor currently averages 15.80%, while the Spain → Nigeria corridor averages 2.88%. That makes the Spain → Nigeria corridor roughly 12.9 percentage points cheaper on average. Cheapest-provider floors tell a similar story: Ria delivers Bolivia at 3.76%, against WorldRemit on the Nigeria route at 0.71%.

Comparing corridors is most useful when a sender is choosing between destinations where the recipient has multiple payout options, or when an employer evaluates payroll routes for remote staff. For personal transfers, the practical takeaway is the same on every corridor, shop the cheapest provider, account for both fees and FX margin, and prefer mobile-wallet or bank-deposit payouts where available.

Data source: Source: World Bank Remittance Prices Worldwide (RPW) Database, quarterly release. Costs represent percentage of a $200 transfer amount.

Methodology reference: Source: UN Sustainable Development Goal 10.c target. Its objective is to reduce remittance transaction costs to below 3% by 2030.