Volume of remittances (in United States dollars) … total in Zambia
Zambia: Volume of remittances (in United States dollars) … total was 1.3% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Zambia, 2003–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Zambia recorded 1.3% for volume of remittances (in united states dollars) as a proportion of in 2024. That is the highest value across all 22 years on record.
The figure is up 48.3% on the previous year and up 515.1% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Zambia peaked at 1.3% in 2024 and was at its lowest, 0.2%, in 2016.
That places Zambia 128th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) … total in Zambia, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 0.7% | — |
| 2004 | 0.8% | +5.1% |
| 2005 | 0.6% | -18.4% |
| 2006 | 0.5% | -28.7% |
| 2007 | 0.4% | -6.7% |
| 2008 | 0.4% | -9.7% |
| 2009 | 0.3% | -29.3% |
| 2010 | 0.2% | -20.0% |
| 2011 | 0.2% | -8.4% |
| 2012 | 0.3% | +44.8% |
| 2013 | 0.2% | -32.6% |
| 2014 | 0.2% | +11.6% |
| 2015 | 0.2% | +3.1% |
| 2016 | 0.2% | -17.1% |
| 2017 | 0.4% | +97.2% |
| 2018 | 0.4% | +12.3% |
| 2019 | 0.4% | +3.7% |
| 2020 | 0.7% | +76.4% |
| 2021 | 1.1% | +45.9% |
| 2022 | 0.8% | -23.0% |
| 2023 | 0.9% | +6.7% |
| 2024 | 1.3% | +48.3% |
Zambia compared with similar countries
- Zambia's 1.3% is below the median for lower middle income countries, which is 6.1%, 22% of the median. (43 countries reporting)
- Zambia's 1.3% is below the median for Sub-Saharan Africa, which is 2.9%, 46% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.3% | 0.8% | 7 |
| 2010s | 0.3% | 0.2% | 0.4% | 10 |
| 2020s | 1.0% | 0.7% | 1.3% | 5 |
Countries ranked near Zambia
More economy & growth data for Zambia
- Real gdp growth, annual growth rate -28.84 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 13.19 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.1053 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 138.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 7.79 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0769 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 101.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Zambia?
- Volume of remittances (in united states dollars) as a proportion of in Zambia was 1.3% 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 Zambia?
- The highest recorded value was 1.3% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Zambia?
- The lowest recorded value was 0.2% in 2016.
- How does Zambia rank for volume of remittances (in united states dollars) as a proportion of?
- Zambia ranks 128th out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Zambia?
- Over the last ten years it is up 515.1%. The long-run trend across the full record is volatile.
- Where does this Zambia 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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