Mozambique's net secondary income (net current transfers from abroad) (current LCU) was 69.53 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 61.59% from 43.03 billion in 2014 (4.92% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 69.53 billion | 2024 |
| Five years earlier | 115.24 billion | 2019 |
| Ten years earlier | 43.03 billion | 2014 |
| Highest | 115.24 billion | 2019 |
| Lowest | 367.53 million | 1991 |
| Average since 2015 | 56.18 billion | 2015–2024 |
| First recorded | 367.53 million |
What the numbers say
In 2024, Mozambique's net secondary income (net current transfers from abroad) (current LCU) fell 16.5% on 2023 (from 83.23 billion to 69.53 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +33.8% and a typical year strayed about 84.8% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 315.7% in 2019 and the biggest yearly fall was 64.9% in 2003. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 5.93 billion a year. A straight line explains 37% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Mozambique had the 11th highest value of the 54 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Mozambique in the 2024 ranking
- Algeria — 8th of 54: 342.08 billion
- Chad — 9th of 54: 177.66 billion
- Comoros — 10th of 54: 150.98 billion
- French Polynesia — 12th of 54: 65.57 billion
- Zimbabwe — 13th of 54: 61.99 billion
- Gambia, The — 14th of 54: 37.29 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 34 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2024 | 69,525,727,600 |
| 2023 | 83,233,882,800 |
| 2022 | 67,961,447,200 |
| 2021 | 59,684,537,200 |
| 2020 | 50,117,235,600 |
| 2019 | 115,237,753,700 |
| 2018 | 27,724,491,300 |
| 2017 | 40,538,761,300 |
| 2016 | 15,683,010,100 |
| 2015 | 32,064,564,600 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Angola — -364.31 billion (2025)
- Benin — 178.36 billion (2025)
- Botswana — 28 billion (2024)
- Burkina Faso — 460.81 billion (2022)
- Burundi — 1.5 trillion (2025)
- Cabo Verde — 48.85 billion (2025)
- Cameroon — 571.2 billion (2025)
- Central African Republic — 94.6 billion (2017)
- Chad
More economic policy & debt data for Mozambique
- Net official development assistance and official aid received (current US$) — US$2.93 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$2.93 billion (2023)
- Net official development assistance received (current US$) — US$2.93 billion (2023)
- Net official development assistance received (constant 2023 US$) — US$2.93 billion (2023)
- Net ODA received per capita (current US$) — US$87.03 (2023)
- Grants, excluding technical cooperation (BoP, current US$) — US$2.78 billion (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$1.44 billion (2023)
- Technical cooperation grants (BoP, current US$)
Reading data like this
Questions people ask
- What is Mozambique's net secondary income (net current transfers from abroad) (current LCU)?
- 69.53 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is up 18,817% from 367.53 million in 1991 (17.22% a year on average, compounded). The highest value was 115.24 billion in 2019 and the lowest 367.53 million in 1991.
- How does Mozambique rank?
- 11th highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Mozambique?
- In 2024, Mozambique's net secondary income (net current transfers from abroad) (current LCU) fell 16.5% on 2023 (from 83.23 billion to 69.53 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +33.8% and a typical year strayed about 84.8% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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