Mozambique's net secondary income (net current transfers from abroad) (current US$) was US$1.09 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 20.72% from US$1.37 billion in 2014 (2.3% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.09 billion | 2024 |
| Five years earlier | US$1.84 billion | 2019 |
| Ten years earlier | US$1.37 billion | 2014 |
| Highest | US$1.84 billion | 2019 |
| Lowest | US$104.37 million | 1996 |
| Average since 2015 | US$907.86 million | 2015–2024 |
| First recorded | US$256.21 million |
What the numbers say
In 2024, Mozambique's net secondary income (net current transfers from abroad) (current US$) fell 16.5% on 2023 (from US$1.3 billion to US$1.09 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +24.2% and a typical year strayed about 80.7% from that (the standard deviation). This year's change was 0.5 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 300.9% in 2019 and the biggest yearly fall was 69% in 2016. 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 there is no clear straight-line trend: a straight line explains 25% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 12th 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
- Botswana — 9th of 54: US$2.06 billion
- Tajikistan — 10th of 54: US$1.72 billion
- Congo, Dem. Rep. — 11th of 54: US$1.35 billion
- Latvia — 13th of 54: US$919.89 million
- Eswatini — 14th of 54: US$768.42 million
- Togo — 15th of 54: US$668.6 million
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 34 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2024 | 1,087,954,426 |
| 2023 | 1,302,853,526 |
| 2022 | 1,064,378,396 |
| 2021 | 911,701,477 |
| 2020 | 721,474,636 |
| 2019 | 1,842,379,296 |
| 2018 | 459,576,231 |
| 2017 | 637,559,062 |
| 2016 | 248,714,669 |
| 2015 | 801,965,496 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Angola — −US$344.35 million (2025)
- Benin — US$306.5 million (2025)
- Botswana — US$2.06 billion (2024)
- Burkina Faso — US$738.76 million (2022)
- Burundi — US$281.65 million (2025)
- Cabo Verde — US$499.14 million (2025)
- Cameroon — US$981.56 million (2025)
- Central African Republic — US$162.92 million (2017)
More economic policy & debt data for Mozambique
- Net official development assistance and official aid received (current US$) — 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 US$)?
- US$1.09 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is up 324.63% from US$256.21 million in 1991 (4.48% a year on average, compounded). The highest value was US$1.84 billion in 2019 and the lowest US$104.37 million in 1996.
- How does Mozambique rank?
- 12th highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Mozambique?
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CD, 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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