Secondary income, other sectors, payments in Malawi
Malawi: Secondary income, other sectors, payments was 194.38 million BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malawi recorded 194.38 million BoP, current US$ for secondary income, other sectors, payments in 2024. That is the highest value across all 48 years on record.
The figure is up 56.4% on the previous year and up 1,295.3% over ten years.
Over the whole period, secondary income, other sectors, payments in Malawi peaked at 194.38 million BoP, current US$ in 2024 and was at its lowest, 553,754 BoP, current US$, in 1977.
That places Malawi 119th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 553,754 BoP, current US$ | — |
| 1978 | 13.16 million BoP, current US$ | +2275.7% |
| 1979 | 17.02 million BoP, current US$ | +29.3% |
| 1980 | 18.84 million BoP, current US$ | +10.7% |
| 1981 | 15.97 million BoP, current US$ | -15.2% |
| 1982 | 15.44 million BoP, current US$ | -3.3% |
| 1983 | 15.75 million BoP, current US$ | +2.0% |
| 1984 | 15.64 million BoP, current US$ | -0.7% |
| 1985 | 10.41 million BoP, current US$ | -33.4% |
| 1986 | 13.00 million BoP, current US$ | +24.9% |
| 1987 | 24.04 million BoP, current US$ | +84.9% |
| 1988 | 35.96 million BoP, current US$ | +49.6% |
| 1989 | 36.31 million BoP, current US$ | +1.0% |
| 1990 | 38.11 million BoP, current US$ | +5.0% |
| 1991 | 46.16 million BoP, current US$ | +21.1% |
| 1992 | 40.94 million BoP, current US$ | -11.3% |
| 1993 | 15.88 million BoP, current US$ | -61.2% |
| 1994 | 7.55 million BoP, current US$ | -52.4% |
| 1995 | 12.20 million BoP, current US$ | +61.5% |
| 1996 | 20.66 million BoP, current US$ | +69.4% |
| 1997 | 23.06 million BoP, current US$ | +11.6% |
| 1998 | 9.35 million BoP, current US$ | -59.5% |
| 1999 | 6.83 million BoP, current US$ | -27.0% |
| 2000 | 6.92 million BoP, current US$ | +1.4% |
| 2001 | 6.00 million BoP, current US$ | -13.3% |
| 2002 | 7.17 million BoP, current US$ | +19.5% |
| 2003 | 6.28 million BoP, current US$ | -12.5% |
| 2004 | 8.16 million BoP, current US$ | +30.1% |
| 2005 | 10.80 million BoP, current US$ | +32.3% |
| 2006 | 13.44 million BoP, current US$ | +24.5% |
| 2007 | 3.64 million BoP, current US$ | -72.9% |
| 2008 | 5.51 million BoP, current US$ | +51.4% |
| 2009 | 7.57 million BoP, current US$ | +37.5% |
| 2010 | 9.90 million BoP, current US$ | +30.8% |
| 2011 | 13.29 million BoP, current US$ | +34.2% |
| 2012 | 13.36 million BoP, current US$ | +0.5% |
| 2013 | 12.35 million BoP, current US$ | -7.5% |
| 2014 | 13.93 million BoP, current US$ | +12.8% |
| 2015 | 15.02 million BoP, current US$ | +7.8% |
| 2016 | 3.48 million BoP, current US$ | -76.8% |
| 2017 | 5.68 million BoP, current US$ | +63.1% |
| 2018 | 7.86 million BoP, current US$ | +38.5% |
| 2019 | 24.02 million BoP, current US$ | +205.5% |
| 2020 | 31.05 million BoP, current US$ | +29.2% |
| 2021 | 160.09 million BoP, current US$ | +415.6% |
| 2022 | 186.86 million BoP, current US$ | +16.7% |
| 2023 | 124.31 million BoP, current US$ | -33.5% |
| 2024 | 194.38 million BoP, current US$ | +56.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.24 million BoP, current US$ | 553,754 BoP, current US$ | 17.02 million BoP, current US$ | 3 |
| 1980s | 20.14 million BoP, current US$ | 10.41 million BoP, current US$ | 36.31 million BoP, current US$ | 10 |
| 1990s | 22.07 million BoP, current US$ | 6.83 million BoP, current US$ | 46.16 million BoP, current US$ | 10 |
| 2000s | 7.55 million BoP, current US$ | 3.64 million BoP, current US$ | 13.44 million BoP, current US$ | 10 |
| 2010s | 11.89 million BoP, current US$ | 3.48 million BoP, current US$ | 24.02 million BoP, current US$ | 10 |
| 2020s | 139.34 million BoP, current US$ | 31.05 million BoP, current US$ | 194.38 million BoP, current US$ | 5 |
Countries ranked near Malawi
- 116 Burkina Faso 227.54 million BoP, current US$ compare
- 117 Palestine, State of 225.02 million BoP, current US$ compare
- 118 Curaçao 216.99 million BoP, current US$ compare
- 120 Aruba 191.60 million BoP, current US$ compare
- 121 Sint Maarten 188.08 million BoP, current US$ compare
- 122 Cambodia 183.14 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)
- Gross domestic savings (current US$), annual growth rate 28.44 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0237 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -15.9 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 27.92 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP -41.46 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita -27,842 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.71 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8979 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Malawi?
- Secondary income, other sectors, payments in Malawi was 194.38 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Malawi?
- The highest recorded value was 194.38 million BoP, current US$ in 2024.
- What is the lowest secondary income, other sectors, payments recorded in Malawi?
- The lowest recorded value was 553,754 BoP, current US$ in 1977.
- How does Malawi rank for secondary income, other sectors, payments?
- Malawi ranks 119th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Malawi?
- Over the last ten years it is up 1,295.3%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.