Net secondary income in Malawi

Malawi: Net secondary income was 454.65 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
454.65 million BoP, current US$
Change on year
down 25.8%
World rank
91st
of 199 countries
All-time high
764.33 million BoP, current US$
in 2019
All-time low
25.47 million BoP, current US$
in 1977
Years of data
48
1977–2024

Net secondary income in Malawi, 1977–2024

0200.0M400.0M600.0M800.0M197720002024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

In 2024, net secondary income in Malawi stood at 454.65 million BoP, current US$.

The figure is down 25.8% on the previous year and down 16.3% over ten years.

Over the whole period, net secondary income in Malawi peaked at 764.33 million BoP, current US$ in 2019 and was at its lowest, 25.47 million BoP, current US$, in 1977.

Malawi ranks 91st of 199 countries on this measure, 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

DecadeAverage LowestHighest Years
1970s 41.89 million BoP, current US$ 25.47 million BoP, current US$ 53.74 million BoP, current US$ 3
1980s 67.57 million BoP, current US$ 36.31 million BoP, current US$ 174.16 million BoP, current US$ 10
1990s 124.80 million BoP, current US$ 91.36 million BoP, current US$ 156.85 million BoP, current US$ 10
2000s 257.91 million BoP, current US$ 132.01 million BoP, current US$ 468.59 million BoP, current US$ 10
2010s 508.53 million BoP, current US$ 314.81 million BoP, current US$ 764.33 million BoP, current US$ 10
2020s 592.22 million BoP, current US$ 454.65 million BoP, current US$ 755.46 million BoP, current US$ 5

Countries ranked near Malawi

  1. 88 Guinea 489.20 million BoP, current US$ compare
  2. 89 Montenegro 460.95 million BoP, current US$ compare
  3. 90 Iran 457.00 million BoP, current US$ compare
  4. 92 Mongolia 421.06 million BoP, current US$ compare
  5. 93 Niger 420.92 million BoP, current US$ compare
  6. 94 Laos 390.44 million BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is net secondary income in Malawi?
Net secondary income in Malawi was 454.65 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net secondary income recorded in Malawi?
The highest recorded value was 764.33 million BoP, current US$ in 2019.
What is the lowest net secondary income recorded in Malawi?
The lowest recorded value was 25.47 million BoP, current US$ in 1977.
How does Malawi rank for net secondary income?
Malawi ranks 91st out of 199 countries with data for 2024.
Is net secondary income rising or falling in Malawi?
Over the last ten years it is down 16.3%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,778 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.