Volume of remittances (in United States dollars) as a proportion of in Mozambique
Mozambique: Volume of remittances (in United States dollars) as a proportion of was 1.2% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Mozambique, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Mozambique recorded 1.2% for volume of remittances (in united states dollars) as a proportion of in 2024.
The figure is down 3.6% on the previous year and up 35.7% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Mozambique peaked at 2.8% in 2018 and was at its lowest, 0.6%, in 2000.
Mozambique ranks 134th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Mozambique, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.6% | — |
| 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% |
Mozambique compared with similar countries
- Mozambique's 1.2% is below the median for low income countries, which is 3.8%, 31% of the median. (18 countries reporting)
- Mozambique's 1.2% is below the median for Sub-Saharan Africa, which is 2.9%, 40% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Mozambique 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 |
|---|---|---|---|
| 2017 | +151.3% | 0.8% | 1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -44.11 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0019 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.27 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.51 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1542 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 101.31 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.66 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Mozambique?
- Volume of remittances (in united states dollars) as a proportion of in Mozambique was 1.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Mozambique?
- The highest recorded value was 2.8% in 2018.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Mozambique?
- The lowest recorded value was 0.6% in 2000.
- How does Mozambique rank for volume of remittances (in united states dollars) as a proportion of?
- Mozambique ranks 134th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Mozambique?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is rising.
- Where does this Mozambique data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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