Remittances in Zambia
Zambia: Remittances was 1.32 in 2024. ◆ Volatile
Latest (2024)
1.32
Change on year
up 48.3%
World rank
119th
of 194 countries
All-time high
1.32
in 2024
All-time low
0.1835
in 2016
Years of data
22
2003–2024
Remittances in Zambia, 2003–2024
Source: Our World in Data.
Analysis
In 2024, remittances in Zambia stood at 1.32. That is the highest value across all 22 years on record.
That represents a change of up 48.3% on the previous year and up 515.1% over ten years.
Over the whole period, remittances in Zambia peaked at 1.32 in 2024 and was at its lowest, 0.1835, in 2016.
Zambia ranks 119th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 0.7405 | — |
| 2004 | 0.778 | +5.1% |
| 2005 | 0.6346 | -18.4% |
| 2006 | 0.4521 | -28.7% |
| 2007 | 0.4219 | -6.7% |
| 2008 | 0.3807 | -9.7% |
| 2009 | 0.2692 | -29.3% |
| 2010 | 0.2154 | -20.0% |
| 2011 | 0.1973 | -8.4% |
| 2012 | 0.2857 | +44.8% |
| 2013 | 0.1925 | -32.6% |
| 2014 | 0.2148 | +11.6% |
| 2015 | 0.2214 | +3.1% |
| 2016 | 0.1835 | -17.1% |
| 2017 | 0.3619 | +97.2% |
| 2018 | 0.4065 | +12.3% |
| 2019 | 0.4216 | +3.7% |
| 2020 | 0.7436 | +76.4% |
| 2021 | 1.08 | +45.9% |
| 2022 | 0.8349 | -23.0% |
| 2023 | 0.8909 | +6.7% |
| 2024 | 1.32 | +48.3% |
Zambia compared with similar countries
- Zambia's 1.32 is below the median for lower middle income countries, which is 6.01, 22% of the median. (47 countries reporting)
- Zambia's 1.32 is below the median for Sub-Saharan Africa, which is 2.52, 52% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5253 | 0.2692 | 0.778 | 7 |
| 2010s | 0.2701 | 0.1835 | 0.4216 | 10 |
| 2020s | 0.9751 | 0.7436 | 1.32 | 5 |
Countries ranked near Zambia
More reference data data for Zambia
- Spring temperature anomalies -0.0386 (2026)
- Autumn temperature anomalies 0.0941 (2026)
- Summer temperature anomalies -0.018 (2026)
- Country level monthly temperature anomalies 0.3261 (2026)
- Exchange rate, new LCU per USD extended backward, period average 18.94 (2026)
- Exchange rate, old LCU per USD extended forward, period average 18.94 (2026)
- Official exchange rate, LCU per USD, period average 18.94 (2026)
- Urban area long term, annual growth rate 3.69 % change on previous year (2025)
- Urban area long term, per unit of GDP 0 units per US$ of GDP (2025)
- Urban area long term, per capita 0.0001 units per person (2025)
Frequently asked questions
- What is remittances in Zambia?
- Remittances in Zambia was 1.32 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Zambia?
- The highest recorded value was 1.32 in 2024.
- What is the lowest remittances recorded in Zambia?
- The lowest recorded value was 0.1835 in 2016.
- How does Zambia rank for remittances?
- Zambia ranks 119th out of 194 countries with data for 2024.
- Is remittances 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 Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).