Workers' remittances, net in Zambia

Zambia: Workers' remittances, net was 4.80 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
4.80 million BoP, current US$
Change on year
up 6.7%
World rank
30th
of 39 countries
All-time high
4.80 million BoP, current US$
in 2011
All-time low
-42.09 million BoP, current US$
in 2008
Years of data
7
2005–2011

Workers' remittances, net in Zambia, 2005–2011

-40.0M-30.0M-20.0M-10.0M02005200820112005: -24.1M BoP, current US$2006: -35.0M BoP, current US$2007: -36.6M BoP, current US$2008: -42.1M BoP, current US$2009: 4.2M BoP, current US$2010: 4.5M BoP, current US$2011: 4.8M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Zambia recorded 4.80 million BoP, current US$ for workers' remittances, net in 2011. That is the highest value across all 7 years on record.

The figure is up 6.7% on the previous year and up 119.9% over ten years.

That places Zambia 30th out of 39 countries with data for 2011, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s -26.71 million BoP, current US$ -42.09 million BoP, current US$ 4.24 million BoP, current US$ 5
2010s 4.65 million BoP, current US$ 4.50 million BoP, current US$ 4.80 million BoP, current US$ 2

Countries ranked near Zambia

  1. 27 Sao Tome and Principe 6.88 million BoP, current US$ compare
  2. 28 Lesotho 6.43 million BoP, current US$ compare
  3. 29 Malawi 5.58 million BoP, current US$ compare
  4. 31 Namibia 2.21 million BoP, current US$ compare
  5. 32 Eswatini 764,900 BoP, current US$ compare
  6. 33 Mozambique -3.02 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Zambia

All data for Zambia →

Frequently asked questions

What is workers' remittances, net in Zambia?
Workers' remittances, net in Zambia was 4.80 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, net recorded in Zambia?
The highest recorded value was 4.80 million BoP, current US$ in 2011.
What is the lowest workers' remittances, net recorded in Zambia?
The lowest recorded value was -42.09 million BoP, current US$ in 2008.
How does Zambia rank for workers' remittances, net?
Zambia ranks 30th out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Zambia?
Over the last ten years it is up 119.9%. The long-run trend across the full record is volatile.
Where does this Zambia data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 262 data points, 2005–2011
Last refreshed

Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.