Remittance inflows to GDP in Zambia
Zambia: Remittance inflows to GDP was 0.7% in 2020. βΌ Falling
Remittance inflows to GDP in Zambia, 2003β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Zambia stood at 0.7%.
The figure is up 76.6% on the previous year and up 245.7% over ten years.
Over the whole period, remittance inflows to gdp in Zambia peaked at 0.8% in 2004 and was at its lowest, 0.2%, in 2016.
That places Zambia 134th 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 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.3% | 0.8% | 7 |
| 2010s | 0.3% | 0.2% | 0.4% | 10 |
| 2020s | 0.7% | 0.7% | 0.7% | 1 |
Countries ranked near Zambia
- 131 Cameroon 0.8% compare
- 132 Turks and Caicos Islands 0.8% compare
- 133 Iceland 0.8% compare
- 135 Austria 0.7% compare
- 136 Russian Federation 0.7% compare
- 137 Syrian Arab Republic 0.6% compare
More financial sector data for Zambia
- Domestic credit to private sector by banks 13.7% (2025)
- Total reserves in months of imports 3.29 (2024)
- Net domestic credit 172.45 billion current LCU (2025)
- Net foreign assets 85.43 billion current LCU (2025)
- Monetary Sector credit to private sector 13.7% (2025)
- Broad money 30.8% (2025)
- Claims on central government, etc. 9.1% (2025)
- Domestic credit to private sector 17.0% (2024)
- Official exchange rate 25.28 LCU per US$, period average (2025)
- Net migration 6,562 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Zambia?
- Remittance inflows to gdp in Zambia was 0.7% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Zambia?
- The highest recorded value was 0.8% in 2004.
- What is the lowest remittance inflows to gdp recorded in Zambia?
- The lowest recorded value was 0.2% in 2016.
- How does Zambia rank for remittance inflows to gdp?
- Zambia ranks 134th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Zambia?
- Over the last ten years it is up 245.7%. The long-run trend across the full record is falling.
- Where does this Zambia 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 18 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.