Primary income payments in Malawi
Malawi: Primary income payments was 214.19 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
214.19 million BoP, current US$
Change on year
down 5.2%
World rank
160th
of 200 countries
All-time high
395.57 million BoP, current US$
in 2022
All-time low
40.93 million BoP, current US$
in 1997
Years of data
47
1978–2024
Primary income payments in Malawi, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in Malawi stood at 214.19 million BoP, current US$.
That represents a change of down 5.2% on the previous year and down 29.3% over ten years.
Over the whole period, primary income payments in Malawi peaked at 395.57 million BoP, current US$ in 2022 and was at its lowest, 40.93 million BoP, current US$, in 1997.
That places Malawi 160th out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 49.42 million BoP, current US$ | — |
| 1979 | 127.19 million BoP, current US$ | +157.4% |
| 1980 | 151.34 million BoP, current US$ | +19.0% |
| 1981 | 131.46 million BoP, current US$ | -13.1% |
| 1982 | 92.94 million BoP, current US$ | -29.3% |
| 1983 | 101.64 million BoP, current US$ | +9.4% |
| 1984 | 116.32 million BoP, current US$ | +14.4% |
| 1985 | 118.90 million BoP, current US$ | +2.2% |
| 1986 | 114.88 million BoP, current US$ | -3.4% |
| 1987 | 92.68 million BoP, current US$ | -19.3% |
| 1988 | 108.30 million BoP, current US$ | +16.9% |
| 1989 | 99.18 million BoP, current US$ | -8.4% |
| 1990 | 88.94 million BoP, current US$ | -10.3% |
| 1991 | 92.93 million BoP, current US$ | +4.5% |
| 1992 | 83.40 million BoP, current US$ | -10.3% |
| 1993 | 70.86 million BoP, current US$ | -15.0% |
| 1994 | 47.20 million BoP, current US$ | -33.4% |
| 1995 | 47.98 million BoP, current US$ | +1.6% |
| 1996 | 44.83 million BoP, current US$ | -6.6% |
| 1997 | 40.93 million BoP, current US$ | -8.7% |
| 1998 | 48.12 million BoP, current US$ | +17.6% |
| 1999 | 50.53 million BoP, current US$ | +5.0% |
| 2000 | 50.53 million BoP, current US$ | -0.0% |
| 2001 | 42.58 million BoP, current US$ | -15.7% |
| 2002 | 44.52 million BoP, current US$ | +4.6% |
| 2003 | 90.98 million BoP, current US$ | +104.3% |
| 2004 | 102.40 million BoP, current US$ | +12.6% |
| 2005 | 80.62 million BoP, current US$ | -21.3% |
| 2006 | 80.26 million BoP, current US$ | -0.5% |
| 2007 | 80.74 million BoP, current US$ | +0.6% |
| 2008 | 149.78 million BoP, current US$ | +85.5% |
| 2009 | 122.53 million BoP, current US$ | -18.2% |
| 2010 | 192.27 million BoP, current US$ | +56.9% |
| 2011 | 379.32 million BoP, current US$ | +97.3% |
| 2012 | 44.74 million BoP, current US$ | -88.2% |
| 2013 | 268.50 million BoP, current US$ | +500.1% |
| 2014 | 302.81 million BoP, current US$ | +12.8% |
| 2015 | 223.21 million BoP, current US$ | -26.3% |
| 2016 | 99.26 million BoP, current US$ | -55.5% |
| 2017 | 216.15 million BoP, current US$ | +117.8% |
| 2018 | 338.76 million BoP, current US$ | +56.7% |
| 2019 | 290.20 million BoP, current US$ | -14.3% |
| 2020 | 352.33 million BoP, current US$ | +21.4% |
| 2021 | 392.41 million BoP, current US$ | +11.4% |
| 2022 | 395.57 million BoP, current US$ | +0.8% |
| 2023 | 226.02 million BoP, current US$ | -42.9% |
| 2024 | 214.19 million BoP, current US$ | -5.2% |
Malawi compared with similar countries
- Malawi's 214.19 million BoP, current US$ is below the median for low income countries, which is 380.87 million BoP, current US$, 56% of the median. (23 countries reporting)
- Malawi's 214.19 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 558.91 million BoP, current US$, 38% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Primary income payments in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +500.1% | 44.74 million BoP, current US$ | 268.50 million BoP, current US$ |
| 1979 | +157.4% | 49.42 million BoP, current US$ | 127.19 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 88.31 million BoP, current US$ | 49.42 million BoP, current US$ | 127.19 million BoP, current US$ | 2 |
| 1980s | 112.76 million BoP, current US$ | 92.68 million BoP, current US$ | 151.34 million BoP, current US$ | 10 |
| 1990s | 61.57 million BoP, current US$ | 40.93 million BoP, current US$ | 92.93 million BoP, current US$ | 10 |
| 2000s | 84.50 million BoP, current US$ | 42.58 million BoP, current US$ | 149.78 million BoP, current US$ | 10 |
| 2010s | 235.52 million BoP, current US$ | 44.74 million BoP, current US$ | 379.32 million BoP, current US$ | 10 |
| 2020s | 316.10 million BoP, current US$ | 214.19 million BoP, current US$ | 395.57 million BoP, current US$ | 5 |
Countries ranked near Malawi
- 157 Nepal 253.18 million BoP, current US$ compare
- 158 Togo 241.07 million BoP, current US$ compare
- 159 Gabon 215.50 million BoP, current US$ compare
- 161 Bhutan 194.59 million BoP, current US$ compare
- 162 Belize 187.93 million BoP, current US$ compare
- 163 New Caledonia 159.99 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is primary income payments in Malawi?
- Primary income payments in Malawi was 214.19 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Malawi?
- The highest recorded value was 395.57 million BoP, current US$ in 2022.
- What is the lowest primary income payments recorded in Malawi?
- The lowest recorded value was 40.93 million BoP, current US$ in 1997.
- How does Malawi rank for primary income payments?
- Malawi ranks 160th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Malawi?
- Over the last ten years it is down 29.3%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.