Migrant remittance outflows in Zambia

Zambia: Migrant remittance outflows was 70.40 million current US$ in 2011. ◆ Volatile

Latest (2011)
70.40 million current US$
Change on year
up 3.4%
World rank
19th
of 49 countries
All-time high
138.89 million current US$
in 2008
All-time low
17.50 million current US$
in 1990
Years of data
29
1978–2011

Migrant remittance outflows in Zambia, 1978–2011

25.0M50.0M75.0M100.0M125.0M150.0M1978199420111978: 70.3M current US$1979: 113.9M current US$1980: 82.4M current US$1981: 69.4M current US$1982: 36.8M current US$1983: 39.0M current US$1984: 25.8M current US$1985: 23.7M current US$1986: 41.9M current US$1987: 19.1M current US$1988: 23.6M current US$1989: 25.7M current US$1990: 17.5M current US$1991: 20.1M current US$1997: 59.0M current US$1998: 39.2M current US$1999: 21.8M current US$2000: 24.1M current US$2001: 28.4M current US$2002: 37.5M current US$2003: 71.5M current US$2004: 76.1M current US$2005: 93.7M current US$2006: 115.4M current US$2007: 123.9M current US$2008: 138.9M current US$2009: 65.6M current US$2010: 68.1M current US$2011: 70.4M current US$

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.

Analysis

In 2011, migrant remittance outflows in Zambia stood at 70.40 million current US$.

That represents a change of up 3.4% on the previous year and up 147.9% over ten years.

Over the whole period, migrant remittance outflows in Zambia peaked at 138.89 million current US$ in 2008 and was at its lowest, 17.50 million current US$, in 1990.

Zambia ranks 19th of 49 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 92.10 million current US$ 70.30 million current US$ 113.90 million current US$ 2
1980s 38.74 million current US$ 19.10 million current US$ 82.40 million current US$ 10
1990s 31.52 million current US$ 17.50 million current US$ 59.00 million current US$ 5
2000s 77.52 million current US$ 24.10 million current US$ 138.89 million current US$ 10
2010s 69.25 million current US$ 68.10 million current US$ 70.40 million current US$ 2

Countries ranked near Zambia

  1. 16 Nigeria 75.51 million current US$ compare
  2. 17 Algeria 71.40 million current US$ compare
  3. 18 Morocco 71.20 million current US$ compare
  4. 20 Togo 62.79 million current US$ compare
  5. 21 Cameroon 54.18 million current US$ compare
  6. 22 Namibia 45.90 million current US$ compare

See the full ranking of 55 places →

More trade data for Zambia

All data for Zambia →

Frequently asked questions

What is migrant remittance outflows in Zambia?
Migrant remittance outflows in Zambia was 70.40 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
What is the highest migrant remittance outflows recorded in Zambia?
The highest recorded value was 138.89 million current US$ in 2008.
What is the lowest migrant remittance outflows recorded in Zambia?
The lowest recorded value was 17.50 million current US$ in 1990.
How does Zambia rank for migrant remittance outflows?
Zambia ranks 19th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Zambia?
Over the last ten years it is up 147.9%. The long-run trend across the full record is volatile.
Where does this Zambia data come from?
The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance outflows (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Migrant remittance outflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 1,636 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,