Personal transfers, receipts in Malawi
Malawi: Personal transfers, receipts was 168.73 million BoP, current US$ in 2024. ◆ Volatile
Personal transfers, receipts in Malawi, 1994–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malawi recorded 168.73 million BoP, current US$ for personal transfers, receipts in 2024.
The figure is up 5.8% on the previous year and up 355.3% over ten years.
Over the whole period, personal transfers, receipts in Malawi peaked at 298.90 million BoP, current US$ in 2021 and was at its lowest, 523,432 BoP, current US$, in 1995.
Malawi ranks 121st of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1994 | 766,906 BoP, current US$ | — |
| 1995 | 523,432 BoP, current US$ | -31.7% |
| 1996 | 647,354 BoP, current US$ | +23.7% |
| 1997 | 744,945 BoP, current US$ | +15.1% |
| 1998 | 746,887 BoP, current US$ | +0.3% |
| 1999 | 746,884 BoP, current US$ | -0.0% |
| 2000 | 746,886 BoP, current US$ | +0.0% |
| 2001 | 746,886 BoP, current US$ | +0.0% |
| 2002 | 843,694 BoP, current US$ | +13.0% |
| 2003 | 13.72 million BoP, current US$ | +1526.1% |
| 2004 | 18.13 million BoP, current US$ | +32.1% |
| 2005 | 22.34 million BoP, current US$ | +23.2% |
| 2006 | 14.60 million BoP, current US$ | -34.7% |
| 2007 | 20.82 million BoP, current US$ | +42.6% |
| 2008 | 16.41 million BoP, current US$ | -21.2% |
| 2009 | 16.14 million BoP, current US$ | -1.6% |
| 2010 | 20.96 million BoP, current US$ | +29.9% |
| 2011 | 24.02 million BoP, current US$ | +14.6% |
| 2012 | 26.94 million BoP, current US$ | +12.2% |
| 2013 | 32.87 million BoP, current US$ | +22.0% |
| 2014 | 37.06 million BoP, current US$ | +12.8% |
| 2015 | 39.96 million BoP, current US$ | +7.8% |
| 2016 | 37.78 million BoP, current US$ | -5.4% |
| 2017 | 76.88 million BoP, current US$ | +103.5% |
| 2018 | 178.87 million BoP, current US$ | +132.7% |
| 2019 | 265.72 million BoP, current US$ | +48.6% |
| 2020 | 213.08 million BoP, current US$ | -19.8% |
| 2021 | 298.90 million BoP, current US$ | +40.3% |
| 2022 | 244.52 million BoP, current US$ | -18.2% |
| 2023 | 159.48 million BoP, current US$ | -34.8% |
| 2024 | 168.73 million BoP, current US$ | +5.8% |
Malawi compared with similar countries
- Malawi's 168.73 million BoP, current US$ is below the median for low income countries, which is 553.36 million BoP, current US$, 30% of the median. (21 countries reporting)
- Malawi's 168.73 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 363.22 million BoP, current US$, 46% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1526.1% | 843,694 BoP, current US$ | 13.72 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 696,068 BoP, current US$ | 523,432 BoP, current US$ | 766,906 BoP, current US$ | 6 |
| 2000s | 12.45 million BoP, current US$ | 746,886 BoP, current US$ | 22.34 million BoP, current US$ | 10 |
| 2010s | 74.11 million BoP, current US$ | 20.96 million BoP, current US$ | 265.72 million BoP, current US$ | 10 |
| 2020s | 216.94 million BoP, current US$ | 159.48 million BoP, current US$ | 298.90 million BoP, current US$ | 5 |
Countries ranked near Malawi
- 118 East Timor 181.94 million BoP, current US$ compare
- 119 Suriname 176.13 million BoP, current US$ compare
- 120 Guinea-Bissau 173.76 million BoP, current US$ compare
- 122 Mongolia 162.16 million BoP, current US$ compare
- 123 Luxembourg 160.35 million BoP, current US$ compare
- 124 Palestine 152.56 million BoP, current US$ 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is personal transfers, receipts in Malawi?
- Personal transfers, receipts in Malawi was 168.73 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Malawi?
- The highest recorded value was 298.90 million BoP, current US$ in 2021.
- What is the lowest personal transfers, receipts recorded in Malawi?
- The lowest recorded value was 523,432 BoP, current US$ in 1995.
- How does Malawi rank for personal transfers, receipts?
- Malawi ranks 121st out of 177 countries with data for 2024.
- Is personal transfers, receipts rising or falling in Malawi?
- Over the last ten years it is up 355.3%. 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 Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.