Personal remittances, received (current US$), annual growth rate in Zambia
Zambia: Personal remittances, received (current US$), annual growth rate was 36.07 % change on previous year in 2024. ◆ Volatile
Personal remittances, received (current US$), annual growth rate in Zambia, 2004–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, personal remittances, received (current us$), annual growth rate in Zambia stood at 36.07 % change on previous year.
That represents a change of up 3,888.7% on the previous year and up 350.7% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Zambia peaked at 143.46 % change on previous year in 2017 and was at its lowest, -39.49 % change on previous year, in 2009.
That places Zambia 11th out of 192 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Zambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 33.33 % change on previous year | — |
| 2005 | 9.24 % change on previous year | -72.3% |
| 2006 | 9.1 % change on previous year | -1.5% |
| 2007 | 2.81 % change on previous year | -69.1% |
| 2008 | 15 % change on previous year | +434.1% |
| 2009 | -39.49 % change on previous year | -363.3% |
| 2010 | 5.8 % change on previous year | -114.7% |
| 2011 | 6 % change on previous year | +3.5% |
| 2012 | 57.45 % change on previous year | +857.5% |
| 2013 | -25.92 % change on previous year | -145.1% |
| 2014 | 8 % change on previous year | -130.9% |
| 2015 | -19.3 % change on previous year | -341.2% |
| 2016 | -18.24 % change on previous year | -5.5% |
| 2017 | 143.46 % change on previous year | -886.4% |
| 2018 | 14.23 % change on previous year | -90.1% |
| 2019 | -8.14 % change on previous year | -157.2% |
| 2020 | 37.25 % change on previous year | -557.7% |
| 2021 | 77.74 % change on previous year | +108.7% |
| 2022 | 1.58 % change on previous year | -98.0% |
| 2023 | 0.9044 % change on previous year | -42.6% |
| 2024 | 36.07 % change on previous year | +3888.7% |
Zambia compared with similar countries
- Zambia's 36.07 % change on previous year is above the median for lower middle income countries, which is 9.47 % change on previous year, 3.8× the median. (47 countries reporting)
- Zambia's 36.07 % change on previous year is above the median for Sub-Saharan Africa, which is 6.32 % change on previous year, 5.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), annual growth rate in Zambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +3888.7% | 0.9044 % change on previous year | 36.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5 % change on previous year | -39.49 % change on previous year | 33.33 % change on previous year | 6 |
| 2010s | 16.33 % change on previous year | -25.92 % change on previous year | 143.46 % change on previous year | 10 |
| 2020s | 30.71 % change on previous year | 0.9044 % change on previous year | 77.74 % change on previous year | 5 |
Countries ranked near Zambia
- 8 Kiribati 54.27 % change on previous year compare
- 9 Tajikistan 49.72 % change on previous year compare
- 10 Egypt 40.46 % change on previous year compare
- 12 Benin 35.2 % change on previous year compare
- 13 Côte d'Ivoire 35.06 % change on previous year compare
- 14 Paraguay 34.27 % change on previous year compare
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 310.54 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0123 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.57 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.36 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 268.02 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0932 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 110.69 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 28.89 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received (current us$), annual growth rate in Zambia?
- Personal remittances, received (current us$), annual growth rate in Zambia was 36.07 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Zambia?
- The highest recorded value was 143.46 % change on previous year in 2017.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Zambia?
- The lowest recorded value was -39.49 % change on previous year in 2009.
- How does Zambia rank for personal remittances, received (current us$), annual growth rate?
- Zambia ranks 11th out of 192 countries with data for 2024.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Zambia?
- Over the last ten years it is up 350.7%. The long-run trend across the full record is volatile.
- Where does this Zambia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.