Volume of remittances (in United States dollars) as a proportion of in Zambia
Zambia: Volume of remittances (in United States dollars) as a proportion of 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.
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 126th out of 203 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) as a proportion of in Zambia, year by year
| Year | Value | 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
- 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 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 126th out of 203 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.
Download this data
CSV · JSON — 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).