Remittances in Mozambique

Mozambique: Remittances was 1.17 in 2024. ▼ Falling

Latest (2024)
1.17
Change on year
down 3.6%
World rank
125th
of 194 countries
All-time high
2.78
in 2018
All-time low
0.6046
in 1999
Years of data
34
1991–2024

Remittances in Mozambique, 1991–2024

0.511.522.531991200720241991: 1.41992: 2.11993: 2.11994: 1.91995: 1.91996: 1.51997: 1.31998: 0.8341999: 0.6052000: 0.6212001: 0.742002: 0.8832003: 1.12004: 0.7252005: 0.6642006: 0.8422007: 0.9192008: 0.8962009: 0.9062010: 12011: 0.8872012: 12013: 0.8862014: 0.8652015: 0.8812016: 0.7742017: 1.92018: 2.82019: 1.22020: 1.12021: 1.22022: 0.882023: 1.22024: 1.2

Source: Our World in Data.

Analysis

The most recent figure for remittances in Mozambique is 1.17, measured in 2024.

Compared with earlier readings it is down 3.6% on the previous year and up 35.7% over ten years.

Over the whole period, remittances in Mozambique peaked at 2.78 in 2018 and was at its lowest, 0.6046, in 1999.

Mozambique ranks 125th of 194 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 34 years of available data.

Remittances in Mozambique, year by year

Annual values for Remittances in Mozambique, 1991 to 2024.
Year Value Change
1991 1.44 —
1992 2.07 +43.7%
1993 2.07 -0.3%
1994 1.85 -10.4%
1995 1.93 +4.2%
1996 1.51 -21.6%
1997 1.3 -13.8%
1998 0.8341 -36.1%
1999 0.6046 -27.5%
2000 0.6205 +2.6%
2001 0.7401 +19.3%
2002 0.8832 +19.3%
2003 1.06 +19.5%
2004 0.7247 -31.3%
2005 0.6641 -8.4%
2006 0.8416 +26.7%
2007 0.9193 +9.2%
2008 0.8958 -2.5%
2009 0.9061 +1.1%
2010 1.01 +12.0%
2011 0.887 -12.6%
2012 1.04 +17.6%
2013 0.8862 -15.1%
2014 0.8647 -2.4%
2015 0.8815 +1.9%
2016 0.7737 -12.2%
2017 1.94 +151.3%
2018 2.78 +43.0%
2019 1.17 -57.9%
2020 1.14 -2.8%
2021 1.25 +9.7%
2022 0.8801 -29.5%
2023 1.22 +38.3%
2024 1.17 -3.6%

Mozambique compared with similar countries

  • Mozambique's 1.17 is below the median for low income countries, which is 3.36, 35% of the median. (22 countries reporting)
  • Mozambique's 1.17 is below the median for Sub-Saharan Africa, which is 2.52, 47% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Remittances 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.

YearChange FromTo
2017 +151.3% 0.7737 1.94

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.51 0.6046 2.07 9
2000s 0.8251 0.6205 1.06 10
2010s 1.22 0.7737 2.78 10
2020s 1.13 0.8801 1.25 5

Countries ranked near Mozambique

  1. 122 Czechia 1.26 compare
  2. 123 Indonesia 1.22 compare
  3. 124 France 1.2 compare
  4. 126 Estonia 1.14 compare
  5. 127 San Marino 1.1 compare
  6. 128 Aruba 1.04 compare

See the full ranking of 194 places →

More reference data data for Mozambique

All data for Mozambique →

Frequently asked questions

What is remittances in Mozambique?
Remittances in Mozambique was 1.17 in 2024, according to Our World in Data.
What is the highest remittances recorded in Mozambique?
The highest recorded value was 2.78 in 2018.
What is the lowest remittances recorded in Mozambique?
The lowest recorded value was 0.6046 in 1999.
How does Mozambique rank for remittances?
Mozambique ranks 125th out of 194 countries with data for 2024.
Is remittances 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 Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Mozambique. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/mozambique/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed