Remittance corridor · World Bank RPW · 2025Q3

Spain → Bolivia

Average cost sits in the upper fleet tercile at 15.8% on this Spain → Bolivia route - senders pay more than typical RPW-tracked corridors.

15.8%
Average cost
3.8%
Cheapest · Ria
7
Providers tracked

How the 15.8% average cost breaks down

World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2025Q3 figures as the detail table below.

Corridor-cost tercile vs fleet

Spain → Bolivia posts 15.8% average cost, above the fleet upper tercile (~6.6%), ranking #330 of 348. Cheapest tracked floor: 3.8% via Ria.

#330 of 348
cheapest-cost corpus rank
15.8%
average cost of a $200 transfer
+8.6pp
vs the 7.3% average of 348 corridors
+12.8pp
gap to the UN 3% target

Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.

F
Corridor Value Score
15/100
Spain to Bolivia

Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.

Cost F
15.80%
Average total cost, sending $200-equivalent
Speed F
Same day
Average delivery time, latest quarter
FX transparency F
11.31%
Exchange-rate margin above the mid-market rate
Competition C-
7 providers
Number of providers actively quoting this corridor
Cost trend F
+9.00pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 6.80% to 15.80% (+9.00 percentage points).
  • Lowest observed transfer cost changed from 3.11% to 3.76% (+0.65 percentage points).
  • Providers recorded by the source changed from 6 to 7 (+1 provider).
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Where this corridor sits by provider panel size

Spain → Bolivia has 7 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Spain → Bolivia vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

7 225th of 377 higher than 152 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Spain → Bolivia compares

Average cost of a $200 transfer, percent, lower is cheaper

Spain → Bolivia15.8%Cheapest provider3.76%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q3

SDG 10.c progress (target: 3%) 0.0%
Cheapest

15.80% average - 12.8pp above target

Cost trend: Spain → Bolivia

Average and cheapest cost of a $200 transfer over time, percent

0%5%10%15%20% 2015Q42017Q12018Q22019Q32020Q42022Q12023Q22024Q32025Q3 15.8%3.76% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q3

Sending Country

Spain
Europe & Central Asia
5.65%
Avg outbound cost
$0.8B
Total remittances sent
All corridors from Spain →

Receiving Country

Bolivia
Latin America & Caribbean
19.19%
Avg inbound cost
$1.3B
Total remittances received
All corridors to Bolivia →

Nearby Corridors from Spain

Spain is one of the most connected sending markets in our data, with 12 tracked outbound corridors. The 5 below span the widest cost range, from the cheapest to send anywhere from Spain through to the most expensive.

#DestinationAvg costCheapest
1Nigeria2.9%0.7%
2Philippines2.9%1.3%
3Peru3.6%1.7%
4Bulgaria4.2%2.4%
5Brazil4.2%0.8%

World Bank RPW fee spread

Release 2025Q3 ES→BO

15.8% avg · 3.8% floor · 12.04pp spread on $200

  • AVG 15.8%
  • CHEAP 3.8%
  • SPREAD 12.04pp
  • SDG +12.8pp
  • RANK #330 of 348
  • REL 2025Q3
  • PANEL 7
Italy→Serbia16.25%South Africa→India16.39%South Africa→Botswana16.45%Spain→Bolivia (this)15.8%
Cross-sender corridors nearest Spain → Bolivia by average RPW cost (2025Q3)

Fee spread manifest for Spain → Bolivia: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

High transfer cost on Spain → Bolivia

World Bank RPW prices Spain → Bolivia at 15.80% (2025Q3) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 9.4 pp above the ~6.4% global average.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 7 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs on this route have risen sharply, up 9.00 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way. Across 39 quarters on record, average cost ranged 3.6%–15.8%, with 0 quarters at or under the UN 3% target. It sits 12.8 pp above the UN SDG 10.c 3% target.

About Spain → Bolivia data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 15.80%; cheapest observed 3.76% via Ria; 7 providers tracked across 39 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from Spain to Bolivia?

Average 15.80% of the transfer amount (World Bank RPW, 2025Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 3.76% via Ria.

What is the cheapest way to send money from Spain to Bolivia?

Lowest RPW survey quote on this corridor: 3.76% (Ria). 7 providers tracked.

Is the Spain to Bolivia corridor meeting the UN SDG cost target?

Not yet: 15.8% is 12.8pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Where does Spain → Bolivia sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Spain → Bolivia ranks #330 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.