Net secondary income (Net current transfers from abroad) in Malawi

Malawi: Net secondary income (Net current transfers from abroad) was 196.56 billion constant LCU in 2013. ▲ Rising

Latest (2013)
196.56 billion constant LCU
Change on year
up 25.5%
World rank
21st
of 125 countries
All-time high
196.56 billion constant LCU
in 2013
All-time low
48.39 billion constant LCU
in 2003
Years of data
11
2003–2013

Net secondary income (Net current transfers from abroad) in Malawi, 2003–2013

50.0B100.0B150.0B200.0B2003200820132003: 48.4B constant LCU2004: 62.4B constant LCU2005: 74.7B constant LCU2006: 82.0B constant LCU2007: 102.1B constant LCU2008: 99.0B constant LCU2009: 102.4B constant LCU2010: 155.0B constant LCU2011: 85.4B constant LCU2012: 156.7B constant LCU2013: 196.6B constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2013, net secondary income (net current transfers from abroad) in Malawi stood at 196.56 billion constant LCU. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 25.5% on the previous year and up 306.2% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Malawi peaked at 196.56 billion constant LCU in 2013 and was at its lowest, 48.39 billion constant LCU, in 2003.

Malawi ranks 21st of 125 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 81.55 billion constant LCU 48.39 billion constant LCU 102.38 billion constant LCU 7
2010s 148.40 billion constant LCU 85.39 billion constant LCU 196.56 billion constant LCU 4

Countries ranked near Malawi

  1. 18 Mexico 244.66 billion constant LCU compare
  2. 19 United States 222.23 billion constant LCU compare
  3. 20 Burkina Faso 202.03 billion constant LCU compare
  4. 22 Chad 176.81 billion constant LCU compare
  5. 23 Niger 139.78 billion constant LCU compare
  6. 24 Serbia 135.16 billion constant LCU compare

See the full ranking of 125 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Malawi?
Net secondary income (net current transfers from abroad) in Malawi was 196.56 billion constant LCU in 2013, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest net secondary income (net current transfers from abroad) recorded in Malawi?
The highest recorded value was 196.56 billion constant LCU in 2013.
What is the lowest net secondary income (net current transfers from abroad) recorded in Malawi?
The lowest recorded value was 48.39 billion constant LCU in 2003.
How does Malawi rank for net secondary income (net current transfers from abroad)?
Malawi ranks 21st out of 125 countries with data for 2013.
Is net secondary income (net current transfers from abroad) rising or falling in Malawi?
Over the last ten years it is up 306.2%. The long-run trend across the full record is rising.
Where does this Malawi data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (Net current transfers from abroad) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 3,676 data points, 1960–2013
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.