Receiving country · World Bank RPW · BO
Send money to Bolivia
Inbound average cost sits in the upper fleet tercile at 19.2% across 2 source corridors - recipients absorb more than typical RPW-tracked markets.
- 19.2%
- Avg inbound cost
- 3.8%
- Cheapest · from Spain
- $1.3B
- Received per year
- 2
- Source corridors
Inbound-cost tercile vs fleet
Bolivia posts a 19.2% average inbound cost, above the fleet upper tercile (~7.8%) - across 2 source corridors. Cheapest tracked floor: 3.8% from Spain.
- #40 of 53
- WDI inflow corpus rank
- 19.2%
- average inbound cost
- 3.8%
- cheapest source: Spain
- $1.3B
- received annually
Inbound cost bands to Bolivia
2 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 2.
HEAVY Heavy-fee >8% lane · country average 19.2%
Cheapest Ways to Send Money to Bolivia
High inbound cost into Bolivia
World Bank RPW tracks 2 inbound corridors into Bolivia at an average 19.19% - above the fleet upper tercile (~7.8%). Recipients here absorb more than typical RPW markets, 12.8 pp above the ~6.4% global average.
The three cheapest inbound corridors to Bolivia right now are from Spain at 3.76% via Ria, Brazil at 5.79% via Banco Rendimento. These are floor prices on a $200 transfer into Bolivia, fee plus FX margin.
On a high-cost receive market, comparing the cheapest provider on the specific corridor matters more than picking a household brand - within-corridor price dispersion often exceeds the gap between the cheapest and dearest origins.
About Bolivia inbound 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 country'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. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 19.19%; 2 source corridors tracked to Bolivia; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Bolivia each year?
Bolivia receives about $1.3B a year - lower inflow tercile - from 2 RPW source countries at 19.19% average inbound cost.
What is the cheapest way to receive money in Bolivia?
On World Bank RPW $200 sends, the cheapest inbound floors into Bolivia are from Spain, Brazil, as low as 3.76%. Country average inbound cost is 19.19% (upper fleet tercile).
How have remittance costs to Bolivia changed over time?
Bolivia's current average inbound cost is 19.19%, above the fleet upper tercile (~7.8%) and 12.8 pp above the ~6.4% global RPW average. RPW has tracked this receive market since 2011; UN SDG 10.c still targets ≤3% by 2030.
Where does Bolivia sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Bolivia ranks #40 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.