Volume of remittances (in United States dollars) as a proportion of in Zimbabwe
Zimbabwe: Volume of remittances (in United States dollars) as a proportion of was 8.4% in 2024. ▼ Falling
Latest (2024)
8.4%
Change on year
down 8.2%
World rank
40th
of 203 countries
All-time high
13.6%
in 2011
All-time low
3.4%
in 2017
Years of data
16
2009–2024
Volume of remittances (in United States dollars) as a proportion of in Zimbabwe, 2009–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Zimbabwe stood at 8.4%.
Compared with earlier readings it is down 8.2% on the previous year and down 13.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Zimbabwe peaked at 13.6% in 2011 and was at its lowest, 3.4%, in 2017.
That places Zimbabwe 40th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Zimbabwe, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 12.5% | — |
| 2010 | 11.7% | -5.9% |
| 2011 | 13.6% | +16.0% |
| 2012 | 12.3% | -9.3% |
| 2013 | 9.9% | -19.8% |
| 2014 | 9.8% | -1.4% |
| 2015 | 10.2% | +5.0% |
| 2016 | 9.0% | -11.9% |
| 2017 | 3.4% | -62.5% |
| 2018 | 4.2% | +23.4% |
| 2019 | 4.2% | +1.6% |
| 2020 | 5.7% | +34.9% |
| 2021 | 6.2% | +8.8% |
| 2022 | 7.6% | +21.4% |
| 2023 | 9.2% | +21.6% |
| 2024 | 8.4% | -8.2% |
Zimbabwe compared with similar countries
- Zimbabwe's 8.4% is above the median for lower middle income countries, which is 6.1%, 1.4× the median. (43 countries reporting)
- Zimbabwe's 8.4% is above the median for Sub-Saharan Africa, which is 2.9%, 2.9× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.5% | 12.5% | 12.5% | 1 |
| 2010s | 8.8% | 3.4% | 13.6% | 10 |
| 2020s | 7.4% | 5.7% | 9.2% | 5 |
Countries ranked near Zimbabwe
More economy & growth data for Zimbabwe
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.02 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 131.30 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0032 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.89 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 465.43 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -22.97 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 27.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 319.78 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Zimbabwe?
- Volume of remittances (in united states dollars) as a proportion of in Zimbabwe was 8.4% 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 Zimbabwe?
- The highest recorded value was 13.6% in 2011.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Zimbabwe?
- The lowest recorded value was 3.4% in 2017.
- How does Zimbabwe rank for volume of remittances (in united states dollars) as a proportion of?
- Zimbabwe ranks 40th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Zimbabwe?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is falling.
- Where does this Zimbabwe 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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