Personal remittances, received in Mozambique
Mozambique: Personal remittances, received was 1.2% in 2024. ▼ Falling
Personal remittances, received in Mozambique, 1991–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2024, personal remittances, received in Mozambique stood at 1.2%.
The figure is down 3.6% on the previous year and up 35.7% over ten years.
Over the whole period, personal remittances, received in Mozambique peaked at 2.8% in 2018 and was at its lowest, 0.6%, in 1999.
That places Mozambique 127th out of 196 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Personal remittances, received in Mozambique, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 1.4% | — |
| 1992 | 2.1% | +43.7% |
| 1993 | 2.1% | -0.3% |
| 1994 | 1.9% | -10.4% |
| 1995 | 1.9% | +4.2% |
| 1996 | 1.5% | -21.6% |
| 1997 | 1.3% | -13.8% |
| 1998 | 0.8% | -36.1% |
| 1999 | 0.6% | -27.5% |
| 2000 | 0.6% | +2.6% |
| 2001 | 0.7% | +19.3% |
| 2002 | 0.9% | +19.3% |
| 2003 | 1.1% | +19.5% |
| 2004 | 0.7% | -31.3% |
| 2005 | 0.7% | -8.4% |
| 2006 | 0.8% | +26.7% |
| 2007 | 0.9% | +9.2% |
| 2008 | 0.9% | -2.5% |
| 2009 | 0.9% | +1.1% |
| 2010 | 1.0% | +12.0% |
| 2011 | 0.9% | -12.6% |
| 2012 | 1.0% | +17.6% |
| 2013 | 0.9% | -15.1% |
| 2014 | 0.9% | -2.4% |
| 2015 | 0.9% | +1.9% |
| 2016 | 0.8% | -12.2% |
| 2017 | 1.9% | +151.3% |
| 2018 | 2.8% | +43.0% |
| 2019 | 1.2% | -57.9% |
| 2020 | 1.1% | -2.8% |
| 2021 | 1.2% | +9.7% |
| 2022 | 0.9% | -29.5% |
| 2023 | 1.2% | +38.3% |
| 2024 | 1.2% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.5% | 0.6% | 2.1% | 9 |
| 2000s | 0.8% | 0.6% | 1.1% | 10 |
| 2010s | 1.2% | 0.8% | 2.8% | 10 |
| 2020s | 1.1% | 0.9% | 1.2% | 5 |
Countries ranked near Mozambique
More economy & growth data for Mozambique
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 8.46 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 15.85 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2165 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 135.74 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 3.6 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5572 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 349.33 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.89 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 35.71 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Mozambique?
- Personal remittances, received in Mozambique was 1.2% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Mozambique?
- The highest recorded value was 2.8% in 2018.
- What is the lowest personal remittances, received recorded in Mozambique?
- The lowest recorded value was 0.6% in 1999.
- How does Mozambique rank for personal remittances, received?
- Mozambique ranks 127th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Mozambique?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is falling.
- Where does this Mozambique data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.