Remittances paid — all countries

Remittances paid — Malawi

Remittances paid in Malawi in 2024 — 198,332,605 US$. Ranked 101 in the world out of 162. Since 1978, the indicator has risen by 167,242.2%.

2024 198M US$ +51.52% vs 2023
World rank 101of 162
Period maximum 198M US$2024
Period minimum 35,672 US$1991

Trend over time

1978–2024 · US$

Remittances paid — Malawi, 1978–2024050M100M150M200M19781983198819931998200320082013201820231978: 118,519 US$1979: 122,417 US$1980: 246,276 US$1981: 223,389 US$1982: 189,482 US$1983: 85,124 US$1984: 212,257 US$1985: 116,340 US$1986: 53,732 US$1987: 45,275 US$1988: 234,256 US$1989: 398,619 US$1990: 36,645 US$1991: 35,672 US$1992: 138,763 US$1993: 136,278 US$1994: 583,764 US$1995: 804,777 US$1996: 1,175,820 US$1997: 996,706 US$1998: 1,408,955 US$1999: 821,082 US$2000: 424,877 US$2001: 623,015 US$2002: 448,162 US$2003: 6,976,455 US$2004: 7,315,992 US$2005: 7,336,576 US$2006: 7,338,187 US$2007: 10,185,949 US$2008: 10,385,587 US$2009: 13,316,726 US$2010: 14,907,785 US$2011: 17,450,252 US$2012: 17,793,233 US$2013: 16,452,846 US$2014: 18,552,018 US$2015: 20,001,246 US$2016: 7,593,225 US$2017: 12,174,028 US$2018: 14,979,832 US$2019: 32,026,969 US$2020: 36,843,589 US$2021: 166,185,748 US$2022: 192,977,567 US$2023: 130,893,180 US$2024: 198,332,605 US$
Change over the period: +198M (+167,242.16%) Average annual rate: 17.51 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Malawi

Malawi 198M US$
World 619B US$
Sub-Saharan Africa 10.34B US$
Eastern Africa computed 2.92B US$
Remittances paid — Malawi, by year Malawi All countries CSV XLSX
Year US$ Change Change, %
2024 198M +67.44M +51.52%
2023 131M −62.08M −32.17%
2022 193M +26.79M +16.12%
2021 166M +129M +351.06%
2020 36.84M +4.82M +15.04%
2019 32.03M +17.05M +113.8%
2018 14.98M +2.81M +23.05%
2017 12.17M +4.58M +60.33%
2016 7.59M −12.41M −62.04%
2015 20M +1.45M +7.81%
2014 18.55M +2.1M +12.76%
2013 16.45M −1.34M −7.53%
2012 17.79M +342,981 +1.97%
2011 17.45M +2.54M +17.05%
2010 14.91M +1.59M +11.95%
2009 13.32M +2.93M +28.22%
2008 10.39M +199,638 +1.96%
2007 10.19M +2.85M +38.81%
2006 7.34M +1,612 +0.02%
2005 7.34M +20,584 +0.28%
2004 7.32M +339,537 +4.87%
2003 6.98M +6.53M +1,456.68%
2002 448,162 −174,853 −28.07%
2001 623,015 +198,138 +46.63%
2000 424,877 −396,206 −48.25%
1999 821,082 −587,872 −41.72%
1998 1.41M +412,249 +41.36%
1997 996,706 −179,114 −15.23%
1996 1.18M +371,043 +46.11%
1995 804,777 +221,013 +37.86%
1994 583,764 +447,487 +328.36%
1993 136,278 −2,485 −1.79%
1992 138,763 +103,091 +289%
1991 35,672 −973 −2.66%
1990 36,645 −361,974 −90.81%
1989 398,619 +164,363 +70.16%
1988 234,256 +188,981 +417.41%
1987 45,275 −8,458 −15.74%
1986 53,732 −62,608 −53.81%
1985 116,340 −95,917 −45.19%
1984 212,257 +127,134 +149.35%
1983 85,124 −104,359 −55.08%
1982 189,482 −33,907 −15.18%
1981 223,389 −22,887 −9.29%
1980 246,276 +123,859 +101.18%
1979 122,417 +3,898 +3.29%
1978 118,519

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.