Workers' remittances, payments in Zambia

Zambia: Workers' remittances, payments was 41.50 million BoP, current US$ in 2011. ▼ Falling

Latest (2011)
41.50 million BoP, current US$
Change on year
up 5.9%
World rank
15th
of 34 countries
All-time high
110.29 million BoP, current US$
in 2008
All-time low
37.02 million BoP, current US$
in 2009
Years of data
7
2005–2011

Workers' remittances, payments in Zambia, 2005–2011

40.0M60.0M80.0M100.0M120.0M2005200820112005: 77.0M BoP, current US$2006: 92.7M BoP, current US$2007: 95.9M BoP, current US$2008: 110.3M BoP, current US$2009: 37.0M BoP, current US$2010: 39.2M BoP, current US$2011: 41.5M BoP, current US$

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

Analysis

The most recent figure for workers' remittances, payments in Zambia is 41.50 million BoP, current US$, measured in 2011.

That represents a change of up 5.9% on the previous year and down 46.1% over ten years.

That places Zambia 15th out of 34 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 82.58 million BoP, current US$ 37.02 million BoP, current US$ 110.29 million BoP, current US$ 5
2010s 40.35 million BoP, current US$ 39.20 million BoP, current US$ 41.50 million BoP, current US$ 2

Countries ranked near Zambia

  1. 12 Niger 56.03 million BoP, current US$ compare
  2. 13 Rwanda 56.00 million BoP, current US$ compare
  3. 14 Togo 53.90 million BoP, current US$ compare
  4. 16 Botswana 38.03 million BoP, current US$ compare
  5. 17 Mozambique 36.18 million BoP, current US$ compare
  6. 18 Tanzania 32.70 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Zambia

All data for Zambia →

Frequently asked questions

What is workers' remittances, payments in Zambia?
Workers' remittances, payments in Zambia was 41.50 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, payments recorded in Zambia?
The highest recorded value was 110.29 million BoP, current US$ in 2008.
What is the lowest workers' remittances, payments recorded in Zambia?
The lowest recorded value was 37.02 million BoP, current US$ in 2009.
How does Zambia rank for workers' remittances, payments?
Zambia ranks 15th out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Zambia?
Over the last ten years it is down 46.1%. The long-run trend across the full record is falling.
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, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, payments (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
35 places, 232 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. This item shows payments by the reporting country. Data are in current U.S. dollars.