Migrant remittance inflows in Malawi
Malawi: Migrant remittance inflows was 17.41 million current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Malawi, 1994–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance inflows in Malawi stood at 17.41 million current US$.
The figure is up 4.0% on the previous year and up 2,231.3% over ten years.
Over the whole period, migrant remittance inflows in Malawi peaked at 22.53 million current US$ in 2005 and was at its lowest, 523,432 current US$, in 1995.
That places Malawi 39th out of 50 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 696,068 current US$ | 523,432 current US$ | 766,906 current US$ | 6 |
| 2000s | 12.62 million current US$ | 746,886 current US$ | 22.53 million current US$ | 10 |
| 2010s | 17.08 million current US$ | 16.74 million current US$ | 17.41 million current US$ | 2 |
Countries ranked near Malawi
More trade data for Malawi
- Net long-term borrowing -1.20 million BoP, current US$ (2011)
- Pesticides imports 17.88 million FAO, current US$ (2011)
- Food imports excluding fish 274.41 million FAO, current US$ (2010)
- Total agricultural imports 442.79 million FAO, current US$ (2010)
- Cereal imports 135.60 million FAO, current US$ (2010)
- Cereal imports quantity 199,076 FAO, tonnes (2010)
- Total agricultural exports 1.26 billion FAO, current US$ (2010)
- Cereal exports 10.25 million FAO, current US$ (2010)
- Cereal exports quantity 26,085 FAO, tonnes (2010)
- Merchandise exports, WB 935.42 million current US$ (2011)
Frequently asked questions
- What is migrant remittance inflows in Malawi?
- Migrant remittance inflows in Malawi was 17.41 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Malawi?
- The highest recorded value was 22.53 million current US$ in 2005.
- What is the lowest migrant remittance inflows recorded in Malawi?
- The lowest recorded value was 523,432 current US$ in 1995.
- How does Malawi rank for migrant remittance inflows?
- Malawi ranks 39th out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Malawi?
- Over the last ten years it is up 2,231.3%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,