Remittance inflows to GDP in Zimbabwe
Zimbabwe: Remittance inflows to GDP was 10.1% in 2020. ◆ Volatile
Remittance inflows to GDP in Zimbabwe, 1977–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Zimbabwe stood at 10.1%.
The figure is up 38.1% on the previous year and down 13.5% over ten years.
Over the whole period, remittance inflows to gdp in Zimbabwe peaked at 13.6% in 2011 and was at its lowest, 0.0%, in 1991.
That places Zimbabwe 34th out of 195 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4% | 0.3% | 0.4% | 3 |
| 1980s | 0.1% | 0.0% | 0.4% | 10 |
| 1990s | 0.1% | 0.0% | 0.6% | 5 |
| 2000s | 12.5% | 12.5% | 12.5% | 1 |
| 2010s | 10.2% | 7.3% | 13.6% | 10 |
| 2020s | 10.1% | 10.1% | 10.1% | 1 |
Countries ranked near Zimbabwe
More financial sector data for Zimbabwe
- Domestic credit to private sector by banks 6.5% (2023)
- Total reserves in months of imports 0.5194 (2024)
- Net domestic credit 5.59 billion current LCU (2023)
- Net foreign assets 1.55 billion current LCU (2023)
- Monetary Sector credit to private sector 6.5% (2023)
- Broad money 11.2% (2023)
- Claims on central government, etc. 1.4% (2023)
- Domestic credit to private sector 6.5% (2023)
- Official exchange rate 26.6 LCU per US$, period average (2025)
- Net migration -54,555 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Zimbabwe?
- Remittance inflows to gdp in Zimbabwe was 10.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Zimbabwe?
- The highest recorded value was 13.6% in 2011.
- What is the lowest remittance inflows to gdp recorded in Zimbabwe?
- The lowest recorded value was 0.0% in 1991.
- How does Zimbabwe rank for remittance inflows to gdp?
- Zimbabwe ranks 34th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Zimbabwe?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe 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 · JSON — 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.