Workers' remittances, payments in Malawi
Malawi: Workers' remittances, payments was 10.53 million BoP, current US$ in 2011. ◆ Volatile
Workers' remittances, payments in Malawi, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2011, workers' remittances, payments in Malawi stood at 10.53 million BoP, current US$. That is the highest value across all 7 years on record.
That represents a change of up 32.3% on the previous year and up 2,304.6% over ten years.
Malawi ranks 30th of 34 countries on this measure, in the bottom quarter.
Workers' remittances, payments in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 437,740 BoP, current US$ | — |
| 2006 | 437,816 BoP, current US$ | +0.0% |
| 2007 | 3.28 million BoP, current US$ | +650.1% |
| 2008 | 4.43 million BoP, current US$ | +34.8% |
| 2009 | 6.16 million BoP, current US$ | +39.2% |
| 2010 | 7.96 million BoP, current US$ | +29.1% |
| 2011 | 10.53 million BoP, current US$ | +32.3% |
Malawi compared with similar countries
- Malawi's 10.53 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 32.47 million BoP, current US$, 32% of the median. (28 countries reporting)
- Malawi's 10.53 million BoP, current US$ is below the median for low income countries, which is 29.57 million BoP, current US$, 36% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.95 million BoP, current US$ | 437,740 BoP, current US$ | 6.16 million BoP, current US$ | 5 |
| 2010s | 9.24 million BoP, current US$ | 7.96 million BoP, current US$ | 10.53 million BoP, current US$ | 2 |
Countries ranked near Malawi
- 27 Seychelles 17.56 million BoP, current US$ compare
- 28 Tunisia 13.07 million BoP, current US$ compare
- 29 Djibouti 12.86 million BoP, current US$ compare
- 31 Cape Verde 6.79 million BoP, current US$ compare
- 32 Namibia 3.87 million BoP, current US$ compare
- 33 Burundi 3.52 million 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, payments in Malawi?
- Workers' remittances, payments in Malawi was 10.53 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, payments recorded in Malawi?
- The highest recorded value was 10.53 million BoP, current US$ in 2011.
- What is the lowest workers' remittances, payments recorded in Malawi?
- The lowest recorded value was 437,740 BoP, current US$ in 2005.
- How does Malawi rank for workers' remittances, payments?
- Malawi ranks 30th out of 34 countries with data for 2011.
- Is workers' remittances, payments rising or falling in Malawi?
- Over the last ten years it is up 2,304.6%. The long-run trend across the full record is volatile.
- 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, payments (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. This item shows payments by the reporting country. Data are in current U.S. dollars.