Personal remittances, received (current US$), per unit of GDP in Malawi
Malawi: Personal remittances, received (current US$), per unit of GDP was 0.0165 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Malawi, 1994–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Malawi recorded 0.0165 current US$ per US$ of GDP for personal remittances, received (current us$), per unit of gdp in 2024.
The figure is up 22.0% on the previous year and up 277.6% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Malawi peaked at 0.0257 current US$ per US$ of GDP in 2021 and was at its lowest, 0.0002 current US$ per US$ of GDP, in 2002.
Malawi ranks 112th of 196 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.
Personal remittances, received (current US$), per unit of GDP in Malawi, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1994 | 0.0004 current US$ per US$ of GDP | — |
| 1995 | 0.0003 current US$ per US$ of GDP | -42.3% |
| 1996 | 0.0002 current US$ per US$ of GDP | -24.2% |
| 1997 | 0.0002 current US$ per US$ of GDP | -1.4% |
| 1998 | 0.0003 current US$ per US$ of GDP | +52.5% |
| 1999 | 0.0003 current US$ per US$ of GDP | -1.4% |
| 2000 | 0.0003 current US$ per US$ of GDP | +1.9% |
| 2001 | 0.0003 current US$ per US$ of GDP | +1.6% |
| 2002 | 0.0002 current US$ per US$ of GDP | -44.5% |
| 2003 | 0.003 current US$ per US$ of GDP | +1696.4% |
| 2004 | 0.0036 current US$ per US$ of GDP | +21.6% |
| 2005 | 0.0042 current US$ per US$ of GDP | +16.9% |
| 2006 | 0.0025 current US$ per US$ of GDP | -40.0% |
| 2007 | 0.0033 current US$ per US$ of GDP | +28.1% |
| 2008 | 0.0022 current US$ per US$ of GDP | -33.9% |
| 2009 | 0.0018 current US$ per US$ of GDP | -14.1% |
| 2010 | 0.0021 current US$ per US$ of GDP | +16.3% |
| 2011 | 0.0022 current US$ per US$ of GDP | +1.1% |
| 2012 | 0.0032 current US$ per US$ of GDP | +48.4% |
| 2013 | 0.0042 current US$ per US$ of GDP | +31.7% |
| 2014 | 0.0044 current US$ per US$ of GDP | +2.9% |
| 2015 | 0.0045 current US$ per US$ of GDP | +2.9% |
| 2016 | 0.0049 current US$ per US$ of GDP | +9.7% |
| 2017 | 0.0088 current US$ per US$ of GDP | +78.6% |
| 2018 | 0.0183 current US$ per US$ of GDP | +107.8% |
| 2019 | 0.0254 current US$ per US$ of GDP | +38.7% |
| 2020 | 0.0197 current US$ per US$ of GDP | -22.6% |
| 2021 | 0.0257 current US$ per US$ of GDP | +30.8% |
| 2022 | 0.0213 current US$ per US$ of GDP | -17.4% |
| 2023 | 0.0135 current US$ per US$ of GDP | -36.4% |
| 2024 | 0.0165 current US$ per US$ of GDP | +22.0% |
Malawi compared with similar countries
- Malawi's 0.0165 current US$ per US$ of GDP is below the median for low income countries, which is 0.0336 current US$ per US$ of GDP, 49% of the median. (22 countries reporting)
- Malawi's 0.0165 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0252 current US$ per US$ of GDP, 66% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per unit of GDP in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1696.4% | 0.0002 current US$ per US$ of GDP | 0.003 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0003 current US$ per US$ of GDP | 0.0002 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP | 6 |
| 2000s | 0.0021 current US$ per US$ of GDP | 0.0002 current US$ per US$ of GDP | 0.0042 current US$ per US$ of GDP | 10 |
| 2010s | 0.0078 current US$ per US$ of GDP | 0.0021 current US$ per US$ of GDP | 0.0254 current US$ per US$ of GDP | 10 |
| 2020s | 0.0193 current US$ per US$ of GDP | 0.0135 current US$ per US$ of GDP | 0.0257 current US$ per US$ of GDP | 5 |
Countries ranked near Malawi
- 109 Bolivia, Plurinational State of 0.0196 current US$ per US$ of GDP compare
- 110 Mauritius 0.0192 current US$ per US$ of GDP compare
- 111 Benin 0.0172 current US$ per US$ of GDP compare
- 113 Peru 0.0158 current US$ per US$ of GDP compare
- 114 Lao People's Democratic Republic 0.0149 current US$ per US$ of GDP compare
- 115 Barbados 0.0146 current US$ per US$ of GDP compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 56.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.61 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 257.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 20.57 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0228 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 11.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is personal remittances, received (current us$), per unit of gdp in Malawi?
- Personal remittances, received (current us$), per unit of gdp in Malawi was 0.0165 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Malawi?
- The highest recorded value was 0.0257 current US$ per US$ of GDP in 2021.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Malawi?
- The lowest recorded value was 0.0002 current US$ per US$ of GDP in 2002.
- How does Malawi rank for personal remittances, received (current us$), per unit of gdp?
- Malawi ranks 112th out of 196 countries with data for 2024.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Malawi?
- Over the last ten years it is up 277.6%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.