Migrant remittance outflows in Malawi
Malawi: Migrant remittance outflows was 17.57 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows in Malawi, 1978–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
The most recent figure for migrant remittance outflows in Malawi is 17.57 million current US$, measured in 2011. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 16.9% on the previous year and up 2,720.2% over ten years.
Over the whole period, migrant remittance outflows in Malawi peaked at 17.57 million current US$ in 2011 and was at its lowest, 35,672 current US$, in 1991.
That places Malawi 36th out of 49 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 120,468 current US$ | 118,519 current US$ | 122,417 current US$ | 2 |
| 1980s | 180,475 current US$ | 45,275 current US$ | 398,619 current US$ | 10 |
| 1990s | 613,846 current US$ | 35,672 current US$ | 1.41 million current US$ | 10 |
| 2000s | 6.53 million current US$ | 424,877 current US$ | 13.44 million current US$ | 10 |
| 2010s | 16.30 million current US$ | 15.03 million current US$ | 17.57 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 outflows in Malawi?
- Migrant remittance outflows in Malawi was 17.57 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 outflows recorded in Malawi?
- The highest recorded value was 17.57 million current US$ in 2011.
- What is the lowest migrant remittance outflows recorded in Malawi?
- The lowest recorded value was 35,672 current US$ in 1991.
- How does Malawi rank for migrant remittance outflows?
- Malawi ranks 36th out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Malawi?
- Over the last ten years it is up 2,720.2%. 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 outflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,