Zimbabwe's net secondary income (net current transfers from abroad) (current LCU) was 61.99 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 8.24 million% from 752,200 in 2014 (210.17% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 61.99 billion | 2024 |
| Five years earlier | 4.59 million | 2019 |
| Ten years earlier | 752,200 | 2014 |
| Highest | 61.99 billion | 2024 |
| Lowest | -1,003 | 1990 |
| Average since 2015 | 6.75 billion | 2015–2024 |
| First recorded | -1,003 |
What the numbers say
In 2024, Zimbabwe's net secondary income (net current transfers from abroad) (current LCU) rose 57.07 billion on 2023 (from 4.92 billion to 61.99 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +164.09 million and a typical year strayed about 814.05 million from that (the standard deviation). This year's change was 69.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 57.07 billion in 2024 and the biggest yearly fall was 90,400 in 2013. 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 3.61 billion a year. A straight line explains 31% 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, Zimbabwe had the 13th 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 Zimbabwe in the 2024 ranking
- Comoros — 10th of 54: 150.98 billion
- Mozambique — 11th of 54: 69.53 billion
- French Polynesia — 12th of 54: 65.57 billion
- Gambia, The — 14th of 54: 37.29 billion
- Botswana — 15th of 54: 28 billion
- Tajikistan — 16th of 54: 18.58 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 35 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2024 | 61,992,000,000 |
| 2023 | 4,922,600,000 |
| 2022 | 461,634,800 |
| 2021 | 118,755,600 |
| 2020 | 36,884,500 |
| 2019 | 4,593,100 |
| 2018 | 1,015,500 |
| 2017 | 679,300 |
| 2016 | 731,400 |
| 2015 | 808,400 |
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 Zimbabwe
- Gross Value Added (GVA) at basic prices (current US$) — US$48.51 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 1.54 trillion (2025)
- GDP (current US$) — US$51.22 billion (2025)
- GDP (current LCU) — 1.63 trillion (2025)
- GDP (constant 2015 US$) — US$25.48 billion (2025)
- GDP (constant LCU) — 74.26 billion (2025)
- GDP per capita (current US$) — US$3,021 (2025)
- GDP per capita (current LCU) — 96,071 (2025)
- GDP per capita (constant 2015 US$) — US$1,503 (2025)
- GDP per capita (constant LCU) — 4,381 (2025)
- GNI (current US$)
Reading data like this
Questions people ask
- What is Zimbabwe's net secondary income (net current transfers from abroad) (current LCU)?
- 61.99 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 6.18 billion% from -1,003 in 1990. The highest value was 61.99 billion in 2024 and the lowest -1,003 in 1990.
- How does Zimbabwe rank?
- 13th 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 Zimbabwe?
- In 2024, Zimbabwe's net secondary income (net current transfers from abroad) (current LCU) rose 57.07 billion on 2023 (from 4.92 billion to 61.99 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +164.09 million and a typical year strayed about 814.05 million from that (the standard deviation). This year's change was 69.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
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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