Cape Verde vs Malawi: Workers' remittances, payments
Workers' remittances, payments over time
- Cape Verde
- Malawi
How they compare
Malawi currently reports 10.53 million BoP, current US$ against 6.79 million BoP, current US$ in Cape Verde, a difference of 3.74 million BoP, current US$.
That makes Malawi's figure about 1.6 times Cape Verde's.
The two have swapped places 1 time across 7 shared years of data; in 2005 it was Cape Verde ahead.
Cape Verde ranks 31st and Malawi ranks 30th of 34 countries.
Across the 2 decades both report, Cape Verde averaged higher in 1 and Malawi in 1.
Head to head by decade
| Decade | Cape Verde | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.65 million BoP, current US$ | 2.95 million BoP, current US$ | 2.70 million BoP, current US$ | Cape Verde |
| 2010s | 6.58 million BoP, current US$ | 9.24 million BoP, current US$ | 2.66 million BoP, current US$ | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher workers' remittances, payments, Cape Verde or Malawi?
- Malawi, at 10.53 million BoP, current US$ against 6.79 million BoP, current US$ in Cape Verde as of 2011.
- What is the difference in workers' remittances, payments between Cape Verde and Malawi?
- 3.74 million BoP, current US$, with Malawi ahead.
- How many years of comparable data are there for Cape Verde and Malawi?
- 7 years are reported by both, from 2005 to 2011.
- How do Cape Verde and Malawi rank globally for workers' remittances, payments?
- Cape Verde ranks 31st and Malawi ranks 30th of 34 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Workers' remittances, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.