Workers' remittances, net in Malawi
Malawi: Workers' remittances, net was 5.58 million BoP, current US$ in 2011. ▼ Falling
Workers' remittances, net in Malawi, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Malawi recorded 5.58 million BoP, current US$ for workers' remittances, net in 2011. That is the lowest value across all 7 years on record.
That represents a change of down 29.9% on the previous year and down 74.5% over ten years.
That places Malawi 29th out of 39 countries with data for 2011, putting it in the middle of the range.
Workers' remittances, net in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 21.90 million BoP, current US$ | — |
| 2006 | 14.16 million BoP, current US$ | -35.3% |
| 2007 | 17.54 million BoP, current US$ | +23.9% |
| 2008 | 11.98 million BoP, current US$ | -31.7% |
| 2009 | 9.98 million BoP, current US$ | -16.7% |
| 2010 | 7.97 million BoP, current US$ | -20.1% |
| 2011 | 5.58 million BoP, current US$ | -29.9% |
Malawi compared with similar countries
- Malawi's 5.58 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 35.90 million BoP, current US$, 16% of the median. (33 countries reporting)
- Malawi's 5.58 million BoP, current US$ is below the median for low income countries, which is 48.16 million BoP, current US$, 12% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.11 million BoP, current US$ | 9.98 million BoP, current US$ | 21.90 million BoP, current US$ | 5 |
| 2010s | 6.78 million BoP, current US$ | 5.58 million BoP, current US$ | 7.97 million BoP, current US$ | 2 |
Countries ranked near Malawi
- 26 Seychelles 7.03 million BoP, current US$ compare
- 27 Sao Tome and Principe 6.88 million BoP, current US$ compare
- 28 Lesotho 6.43 million BoP, current US$ compare
- 30 Zambia 4.80 million BoP, current US$ compare
- 31 Namibia 2.21 million BoP, current US$ compare
- 32 Eswatini 764,900 BoP, current US$ compare
More trade data for Malawi
- Commodity Net Export Price Index, Individual Commodities Weighted by 116.66 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 100.91 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.6 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 87.67 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.71 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 65.94 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7726 (2024)
- Imports of low carbon technology products, US dollar (World), per 4.21 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0081 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 2.39 million (2024)
Frequently asked questions
- What is workers' remittances, net in Malawi?
- Workers' remittances, net in Malawi was 5.58 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, net recorded in Malawi?
- The highest recorded value was 21.90 million BoP, current US$ in 2005.
- What is the lowest workers' remittances, net recorded in Malawi?
- The lowest recorded value was 5.58 million BoP, current US$ in 2011.
- How does Malawi rank for workers' remittances, net?
- Malawi ranks 29th out of 39 countries with data for 2011.
- Is workers' remittances, net rising or falling in Malawi?
- Over the last ten years it is down 74.5%. The long-run trend across the full record is falling.
- Where does this Malawi data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.
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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. Data are in current U.S. dollars.