Personal remittances, paid in Malawi

Malawi: Personal remittances, paid was 198.33 million current US$ in 2024. ◆ Volatile

Latest (2024)
198.33 million current US$
Change on year
up 51.5%
World rank
109th
of 195 countries
All-time high
198.33 million current US$
in 2024
All-time low
35,672 current US$
in 1991
Years of data
47
1978–2024

Personal remittances, paid in Malawi, 1978–2024

050.0M100.0M150.0M200.0M197820012024

Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2024, personal remittances, paid in Malawi stood at 198.33 million current US$. That is the highest value across all 47 years on record.

That represents a change of up 51.5% on the previous year and up 969.1% over ten years.

Over the whole period, personal remittances, paid in Malawi peaked at 198.33 million current US$ in 2024 and was at its lowest, 35,672 current US$, in 1991.

Malawi ranks 109th of 195 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 120,468 current US$ 118,519 current US$ 122,417 current US$ 2
1980s 180,475 current US$ 45,275 current US$ 398,619 current US$ 10
1990s 613,846 current US$ 35,672 current US$ 1.41 million current US$ 10
2000s 6.44 million current US$ 424,877 current US$ 13.32 million current US$ 10
2010s 17.19 million current US$ 7.59 million current US$ 32.03 million current US$ 10
2020s 145.05 million current US$ 36.84 million current US$ 198.33 million current US$ 5

Countries ranked near Malawi

  1. 106 Morocco 220.15 million current US$ compare
  2. 107 Uganda 211.06 million current US$ compare
  3. 108 Burkina Faso 203.03 million current US$ compare
  4. 110 El Salvador 197.51 million current US$ compare
  5. 111 Mozambique 196.41 million current US$ compare
  6. 112 Ukraine 193.00 million current US$ compare

See the full ranking of 242 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is personal remittances, paid in Malawi?
Personal remittances, paid in Malawi was 198.33 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
What is the highest personal remittances, paid recorded in Malawi?
The highest recorded value was 198.33 million current US$ in 2024.
What is the lowest personal remittances, paid recorded in Malawi?
The lowest recorded value was 35,672 current US$ in 1991.
How does Malawi rank for personal remittances, paid?
Malawi ranks 109th out of 195 countries with data for 2024.
Is personal remittances, paid rising or falling in Malawi?
Over the last ten years it is up 969.1%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances, paid (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,655 data points, 1966–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.