Release-over-release change · World Bank RPW · 2025Q3

Which corridors changed the most

The World Bank refreshes its Remittance Prices Worldwide panel every release. Most corridors barely move, these are the ones that did, ranked by the size of the swing between this release and the prior one.

-6.21 pp
Biggest improvement · Germany→Serbia
+15.21 pp
Biggest increase · Brazil→Bolivia
50
corridors ranked here

The verdict

Germany to Serbia posted this release's biggest improvement, cost down -6.21 pp to 2.5% - while Brazil to Bolivia moved the other way, up +15.21 pp to 22.6%.

-6.21 pp
Germany→Serbia, cheapest mover
+15.21 pp
Brazil→Bolivia, biggest increase
25
improved this release
25
got more expensive

Computed from 17,184 quarterly corridor price observations in the World Bank Remittance Prices Worldwide database, spanning 2011Q1 to 2025Q3. Each corridor's change is its own two most recent releases, 2025Q3 against the one before it, the World Bank panel is irregular, so "prior release" is not always exactly one calendar quarter back. No number here is estimated: a corridor with no second observation simply cannot appear in this ranking, and does not, rather than showing a fabricated zero change.

Most improved corridors

Biggest average-cost decrease since the prior release.

#CorridorChangeNow (2025Q3)Prior release
1Germany → Serbia-6.21 pp2.5%8.7%
2Germany → Ghana-5.43 pp4.4%9.9%
3South Africa → Malawi-4.71 pp38.6%43.3%
4Brazil → Paraguay-3.34 pp8.2%11.5%
5Netherlands → Indonesia-3.33 pp4.3%7.6%
6United Kingdom → Ethiopia-3.23 pp4.3%7.6%
7Italy → Egypt-3.16 pp9.0%12.2%
8United States → Cuba-2.85 pp8.8%11.6%
9Italy → Tunisia-2.54 pp5.7%8.3%
10Belgium → Congo, Rep.-2.48 pp3.2%5.6%
11United Kingdom → Ghana-2.37 pp4.5%6.9%
12United Kingdom → Nigeria-2.36 pp2.0%4.4%
13United Kingdom → Albania-2.32 pp5.8%8.2%
14Italy → Ecuador-2.32 pp8.1%10.4%
15Brazil → Peru-2.30 pp7.1%9.4%
16Italy → Brazil-2.27 pp6.5%8.8%
17Germany → Bosnia and Herzegovina-2.25 pp4.9%7.1%
18Spain → China-2.19 pp5.3%7.5%
19Italy → China-2.19 pp5.9%8.0%
20Germany → Hungary-2.18 pp7.2%9.4%
21Jordan → Syria-2.18 pp7.4%9.6%
22Italy → Ethiopia-1.91 pp5.8%7.7%
23Portugal → Brazil-1.91 pp5.3%7.2%
24Switzerland → Albania-1.83 pp7.1%8.9%
25France → Cameroon-1.77 pp3.1%4.8%

Biggest cost increases

Biggest average-cost increase since the prior release.

#CorridorChangeNow (2025Q3)Prior release
1Brazil → Bolivia+15.21 pp22.6%7.4%
2Turkey → Bulgaria+13.86 pp118.2%104.3%
3Japan → China+9.59 pp18.5%8.9%
4Saudi Arabia → Sudan+9.59 pp13.4%3.8%
5Spain → Bolivia+9.00 pp15.8%6.8%
6Japan → Philippines+6.85 pp12.9%6.0%
7Switzerland → Kosovo+5.45 pp12.9%7.4%
8South Africa → India+5.31 pp16.4%11.1%
9South Africa → Angola+4.99 pp21.4%16.4%
10Rwanda → Kenya+4.85 pp22.6%17.7%
11South Africa → Tanzania+3.40 pp17.3%13.9%
12New Zealand → Vanuatu+2.79 pp11.2%8.4%
13Ghana → Nigeria+2.73 pp13.3%10.6%
14Australia → India+2.49 pp6.4%3.9%
15United Arab Emirates → Yemen+2.37 pp7.5%5.2%
16Australia → Vanuatu+1.95 pp12.8%10.8%
17Tanzania → Kenya+1.82 pp60.0%58.2%
18Sweden → China+1.61 pp7.2%5.6%
19Kenya → Tanzania+1.60 pp13.4%11.8%
20Oman → Bangladesh+1.60 pp8.1%6.5%
21South Africa → Botswana+1.59 pp16.4%14.9%
22Italy → Kosovo+1.56 pp12.6%11.0%
23South Africa → Nigeria+1.52 pp14.7%13.1%
24United Arab Emirates → Bangladesh+1.50 pp7.7%6.2%
25South Africa → Mozambique+1.42 pp10.3%8.9%

Why corridor costs move between releases

A corridor's average cost is the mean of every provider quote the World Bank surveys for that sender-receiver pair. It moves for a handful of concrete reasons: a new low-cost fintech enters or exits the corridor and shifts the average, an incumbent bank or money-transfer operator changes its published fee schedule, exchange-rate margins widen or narrow with currency volatility, or the mix of providers surveyed simply changes release to release. A large single-release swing is usually one of these events, not gradual market drift.

Reading this ranking: "most improved" means senders on that corridor now pay less on average than they did last release, not that the corridor is cheap in absolute terms, a corridor can improve sharply and still cost far more than the UN's 3% target. Conversely a corridor near the top of the cost-increase table may still be inexpensive overall, it just got more expensive relative to itself.

Download the corridor cost extract cited on this page: remittance-corridor-costs.csv (World Bank RPW · CC0).

About this ranking

This ranking is sorted by "change", the difference in average cost (percentage points) between each corridor's two most recent quarterly World Bank Remittance Prices Worldwide (RPW) observations.

Source: World Bank, Remittance Prices Worldwide (RPW) Database, 2025Q3. See our methodology for details.

Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. Change figures are computed directly from consecutive World Bank RPW quarterly releases, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.