Zimbabwe: Remittances
* indicates monthly or quarterly data series
| Zimbabwe |
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
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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 |