Remittance Outflows Statistics in Zambia (2026)
According to World Bank World Development Indicators data, personal remittances paid in Zambia came to $118.8 million in 2024. Down from $135.4 million in 2023 to $118.8 million in 2024. Zambia ranks #19 of 42 economies in Sub-Saharan Africa on this measure, and #127 of 181 globally.
Key Statistics
- Latest value (2024)
- $118.8 million (2024)
- Remittance Outflows in Zambia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −12.2% (2024)
- Down from $135.4 million in 2023 to $118.8 million in 2024.
- CAGR 1990–2024
- +6.3% per year (2024)
- Compound annual growth rate from $14.9 million in 1990 to $118.8 million in 2024.
- Earliest value in this dataset (1990)
- $14.9 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $14.9 million in 1990 to $118.8 million in 2024.
- Peak value (2008)
- $138.9 million (2008)
- Highest value in the available series; the 2024 value is $118.8 million.
- Rank in Sub-Saharan Africa
- #19 of 42 (2024)
- Zambia ranks 19 of 42 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #127 of 181 (2024)
- Zambia ranks 127 of 181 countries with data globally.
- Sub-Saharan Africa average
- $271 million (2024)
- Zambia ($118.8 million) is below the average of $271 million across the 42 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- $118.1 million (2026)
- Projection based on 7-year trend (CAGR -0.3%); not an official figure.
- International migrant stock (% of population) (2024)
- 1.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Zambia (2024)
- 17.1% (2024)
- 17.1% of the population in Zambia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 21.3 million (2024)
- Zambia had a population of 21.3 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 118.8M | −12.2% |
| 2023 | 135.4M | +3.1% |
| 2022 | 131.3M | +7.3% |
| 2021 | 122.3M | +38.2% |
| 2020 | 88.5M | −14.7% |
| 2019 | 103.8M | −21.4% |
| 2018 | 132M | +8.8% |
| 2017 | 121.4M | +91.4% |
| 2016 | 63.4M | −12.1% |
| 2015 | 72.1M | −11.2% |
| 2014 | 81.2M | +5.0% |
| 2013 | 77.3M | −20.2% |
| 2012 | 96.9M | +37.6% |
| 2011 | 70.4M | +3.5% |
| 2010 | 68.1M | +3.7% |
| 2009 | 65.6M | −52.8% |
| 2008 | 138.9M | +12.1% |
| 2007 | 123.9M | +7.3% |
| 2006 | 115.5M | +23.3% |
| 2005 | 93.7M | +23.1% |
| 2004 | 76.1M | +6.4% |
| 2003 | 71.5M | +90.7% |
| 2002 | 37.5M | +32.0% |
| 2001 | 28.4M | +17.8% |
| 2000 | 24.1M | +10.6% |
| 1999 | 21.8M | −44.4% |
| 1998 | 39.2M | −33.6% |
| 1997 | 59M | +215.5% |
| 1991 | 18.7M | +25.5% |
| 1990 | 14.9M | — |
Frequently asked questions
What is the latest figure for personal remittances paid in Zambia?
Personal remittances paid in Zambia stood at $118.8 million in 2024, according to World Bank World Development Indicators data.
How has remittance outflows in Zambia changed over time?
World Bank World Development Indicators data show a rise from $14.9 million in 1990 to $118.8 million in 2024.
How does Zambia compare with other countries in Sub-Saharan Africa?
Zambia ranks 19 of 42 countries in Sub-Saharan Africa with data, with $118.8 million versus a regional average of $271 million (latest values per country).
Where does Zambia rank globally on remittance outflows?
Zambia ranks 127 of 181 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could remittance outflows in Zambia look like in 2026?
A trend-based projection puts it at $118.1 million in 2026. Projection based on 7-year trend (CAGR -0.3%); not an official figure.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BM.TRF.PWKR.CD.DT, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .