Remittance inflows to GDP in Mozambique
Mozambique: Remittance inflows to GDP was 2.5% in 2020. βΌ Falling
Remittance inflows to GDP in Mozambique, 1991β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Mozambique recorded 2.5% for remittance inflows to gdp in 2020. That is the highest value across all 30 years on record.
The figure is up 27.7% on the previous year and up 138.5% over ten years.
Over the whole period, remittance inflows to gdp in Mozambique peaked at 2.5% in 2020 and was at its lowest, 0.6%, in 1999.
That places Mozambique 95th out of 196 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.6% | 0.6% | 2.2% | 9 |
| 2000s | 0.9% | 0.7% | 1.1% | 10 |
| 2010s | 1.2% | 0.8% | 2.0% | 10 |
| 2020s | 2.5% | 2.5% | 2.5% | 1 |
Countries ranked near Mozambique
More financial sector data for Mozambique
- Domestic credit to private sector by banks 17.7% (2025)
- Total reserves in months of imports 3.44 (2024)
- Net domestic credit 594.88 billion current LCU (2025)
- Net foreign assets 252.90 billion current LCU (2025)
- Monetary Sector credit to private sector 18.3% (2025)
- Broad money 59.4% (2025)
- Claims on central government, etc. 21.2% (2025)
- Domestic credit to private sector 18.3% (2025)
- Official exchange rate 63.91 LCU per US$, period average (2024)
- Net migration -65,573 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Mozambique?
- Remittance inflows to gdp in Mozambique was 2.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Mozambique?
- The highest recorded value was 2.5% in 2020.
- What is the lowest remittance inflows to gdp recorded in Mozambique?
- The lowest recorded value was 0.6% in 1999.
- How does Mozambique rank for remittance inflows to gdp?
- Mozambique ranks 95th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Mozambique?
- Over the last ten years it is up 138.5%. The long-run trend across the full record is falling.
- Where does this Mozambique data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.