Zimbabwe: Remittances

* indicates monthly or quarterly data series

Remittances, million USD

 Latest value 1828.32
 Year 2020
 Measure million U.S. dollars
 Data availability 1977 - 2020
 Average 1152.88
 Min - Max 0.74 - 2108.58
 Source The World Bank

For that indicator, we provide data for Zimbabwe from 1977 to 2020. The average value for Zimbabwe during that period was 1152.88 million U.S. dollars with a minimum of 0.74 million U.S. dollars in 1981 and a maximum of 2108.58 million U.S. dollars in 2012. The latest value from 2020 is 1828.32 million U.S. dollars. For comparison, the world average in 2020 based on 143 countries is 3126.87 million U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Zimbabwe - Remittances - recent values

Historical chart
Zimbabwe - Remittances - historical chart - 1977-2020

Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.

Definition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Terms of trade 120.91 2020 percent
 Trade openness 56.31 2021 percent
 Exports, percent of GDP 25.41 2021 percent
 Exports, billion dollars 7.21 2021 billion U.S. dollars
 Growth of exports 41.13 2021 percent
 Imports, percent of GDP 30.90 2021 percent
 Imports, billion dollars 8.77 2021 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.59 2021 percent
 Foreign Direct Investment, billion dollars 0.17 2021 billion U.S. dollars
 Portfolio investment inflows, equities -81.65 2020 million dollars (current)
 Current account, percent of GDP 1.00 2022 percent
 Current account, in dollars 1.10 2020 billion U.S. dollars
 Trade balance, percent of GDP -5.49 2021 percent
 Trade balance, in dollars -0.23 2020 billion U.S. dollars
 Reserves 0.60 2022 billion U.S. dollars
 Remittances, percent of GDP 14.92 2022 percent
 Remittances 1,828.32 2020 million U.S. dollars
 Net errors and omissions -638.82 2020 million USD
 External debt 53.75 2021 percent
 Short-term external debt 27.19 2021 percent
 Short-term debt to reserves 445.37 2021 percent
 Foreign exchange reserves 873.03 9/2023 billion
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