Primary income receipts in Malawi
Malawi: Primary income receipts was 22.50 million BoP, current US$ in 2024. ◆ Volatile
Primary income receipts in Malawi, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income receipts in Malawi is 22.50 million BoP, current US$, measured in 2024.
That represents a change of down 14.4% on the previous year and up 563.8% over ten years.
Over the whole period, primary income receipts in Malawi peaked at 33.25 million BoP, current US$ in 2000 and was at its lowest, 357,820 BoP, current US$, in 2009.
That places Malawi 187th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 1.07 million BoP, current US$ | — |
| 1979 | 1.35 million BoP, current US$ | +26.2% |
| 1980 | 2.22 million BoP, current US$ | +64.6% |
| 1981 | 1.34 million BoP, current US$ | -39.5% |
| 1982 | 1.52 million BoP, current US$ | +13.1% |
| 1983 | 1.11 million BoP, current US$ | -27.0% |
| 1984 | 2.62 million BoP, current US$ | +136.6% |
| 1985 | 4.71 million BoP, current US$ | +80.0% |
| 1986 | 3.33 million BoP, current US$ | -29.3% |
| 1987 | 3.26 million BoP, current US$ | -2.2% |
| 1988 | 9.60 million BoP, current US$ | +194.6% |
| 1989 | 10.55 million BoP, current US$ | +9.8% |
| 1990 | 9.34 million BoP, current US$ | -11.4% |
| 1991 | 7.38 million BoP, current US$ | -21.0% |
| 1992 | 6.30 million BoP, current US$ | -14.7% |
| 1993 | 2.18 million BoP, current US$ | -65.4% |
| 1994 | 4.86 million BoP, current US$ | +123.1% |
| 1995 | 3.65 million BoP, current US$ | -25.0% |
| 1996 | 9.50 million BoP, current US$ | +160.3% |
| 1997 | 12.16 million BoP, current US$ | +28.0% |
| 1998 | 11.51 million BoP, current US$ | -5.4% |
| 1999 | 25.54 million BoP, current US$ | +121.8% |
| 2000 | 33.25 million BoP, current US$ | +30.2% |
| 2001 | 12.18 million BoP, current US$ | -63.4% |
| 2002 | 6.03 million BoP, current US$ | -50.5% |
| 2003 | 2.69 million BoP, current US$ | -55.3% |
| 2004 | 1.48 million BoP, current US$ | -44.9% |
| 2005 | 582,682 BoP, current US$ | -60.7% |
| 2006 | 7.19 million BoP, current US$ | +1134.5% |
| 2007 | 1.59 million BoP, current US$ | -77.8% |
| 2008 | 1.67 million BoP, current US$ | +4.6% |
| 2009 | 357,820 BoP, current US$ | -78.5% |
| 2010 | 1.78 million BoP, current US$ | +398.0% |
| 2011 | 1.77 million BoP, current US$ | -0.8% |
| 2012 | 2.88 million BoP, current US$ | +62.7% |
| 2013 | 2.21 million BoP, current US$ | -23.3% |
| 2014 | 3.39 million BoP, current US$ | +53.6% |
| 2015 | 3.43 million BoP, current US$ | +1.2% |
| 2016 | 3.96 million BoP, current US$ | +15.4% |
| 2017 | 8.01 million BoP, current US$ | +102.3% |
| 2018 | 17.63 million BoP, current US$ | +120.2% |
| 2019 | 23.79 million BoP, current US$ | +34.9% |
| 2020 | 23.19 million BoP, current US$ | -2.5% |
| 2021 | 20.50 million BoP, current US$ | -11.6% |
| 2022 | 21.09 million BoP, current US$ | +2.9% |
| 2023 | 26.26 million BoP, current US$ | +24.5% |
| 2024 | 22.50 million BoP, current US$ | -14.4% |
Malawi compared with similar countries
- Malawi's 22.50 million BoP, current US$ is below the median for low income countries, which is 114.21 million BoP, current US$, 20% of the median. (23 countries reporting)
- Malawi's 22.50 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 160.79 million BoP, current US$, 14% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Primary income receipts in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +1134.5% | 582,682 BoP, current US$ | 7.19 million BoP, current US$ |
| 2010 | +398.0% | 357,820 BoP, current US$ | 1.78 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.21 million BoP, current US$ | 1.07 million BoP, current US$ | 1.35 million BoP, current US$ | 2 |
| 1980s | 4.02 million BoP, current US$ | 1.11 million BoP, current US$ | 10.55 million BoP, current US$ | 10 |
| 1990s | 9.24 million BoP, current US$ | 2.18 million BoP, current US$ | 25.54 million BoP, current US$ | 10 |
| 2000s | 6.70 million BoP, current US$ | 357,820 BoP, current US$ | 33.25 million BoP, current US$ | 10 |
| 2010s | 6.88 million BoP, current US$ | 1.77 million BoP, current US$ | 23.79 million BoP, current US$ | 10 |
| 2020s | 22.71 million BoP, current US$ | 20.50 million BoP, current US$ | 26.26 million BoP, current US$ | 5 |
Countries ranked near Malawi
- 184 Antigua and Barbuda 28.82 million BoP, current US$ compare
- 185 Palau 23.67 million BoP, current US$ compare
- 186 Belize 23.34 million BoP, current US$ compare
- 188 Yemen 18.35 million BoP, current US$ compare
- 189 Turks and Caicos Islands 18.30 million BoP, current US$ compare
- 190 Sint Maarten (Dutch part) 17.95 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is primary income receipts in Malawi?
- Primary income receipts in Malawi was 22.50 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Malawi?
- The highest recorded value was 33.25 million BoP, current US$ in 2000.
- What is the lowest primary income receipts recorded in Malawi?
- The lowest recorded value was 357,820 BoP, current US$ in 2009.
- How does Malawi rank for primary income receipts?
- Malawi ranks 187th out of 199 countries with data for 2024.
- Is primary income receipts rising or falling in Malawi?
- Over the last ten years it is up 563.8%. 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.