Secondary income receipts in Malawi
Malawi: Secondary income receipts was 649.02 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
649.02 million BoP, current US$
Change on year
down 11.9%
World rank
131st
of 199 countries
All-time high
794.95 million BoP, current US$
in 2021
All-time low
26.03 million BoP, current US$
in 1977
Years of data
48
1977–2024
Secondary income receipts in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malawi recorded 649.02 million BoP, current US$ for secondary income receipts in 2024.
Compared with earlier readings it is down 11.9% on the previous year and up 16.4% over ten years.
Over the whole period, secondary income receipts in Malawi peaked at 794.95 million BoP, current US$ in 2021 and was at its lowest, 26.03 million BoP, current US$, in 1977.
Malawi ranks 131st of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 26.03 million BoP, current US$ | — |
| 1978 | 60.21 million BoP, current US$ | +131.3% |
| 1979 | 71.37 million BoP, current US$ | +18.5% |
| 1980 | 82.63 million BoP, current US$ | +15.8% |
| 1981 | 74.72 million BoP, current US$ | -9.6% |
| 1982 | 64.64 million BoP, current US$ | -13.5% |
| 1983 | 54.56 million BoP, current US$ | -15.6% |
| 1984 | 53.56 million BoP, current US$ | -1.8% |
| 1985 | 47.87 million BoP, current US$ | -10.6% |
| 1986 | 57.23 million BoP, current US$ | +19.5% |
| 1987 | 70.76 million BoP, current US$ | +23.7% |
| 1988 | 169.25 million BoP, current US$ | +139.2% |
| 1989 | 208.04 million BoP, current US$ | +22.9% |
| 1990 | 134.12 million BoP, current US$ | -35.5% |
| 1991 | 159.03 million BoP, current US$ | +18.6% |
| 1992 | 155.25 million BoP, current US$ | -2.4% |
| 1993 | 167.87 million BoP, current US$ | +8.1% |
| 1994 | 154.02 million BoP, current US$ | -8.2% |
| 1995 | 171.04 million BoP, current US$ | +11.1% |
| 1996 | 137.95 million BoP, current US$ | -19.3% |
| 1997 | 116.25 million BoP, current US$ | -15.7% |
| 1998 | 134.14 million BoP, current US$ | +15.4% |
| 1999 | 137.66 million BoP, current US$ | +2.6% |
| 2000 | 143.07 million BoP, current US$ | +3.9% |
| 2001 | 148.76 million BoP, current US$ | +4.0% |
| 2002 | 169.96 million BoP, current US$ | +14.2% |
| 2003 | 138.93 million BoP, current US$ | -18.3% |
| 2004 | 214.49 million BoP, current US$ | +54.4% |
| 2005 | 285.50 million BoP, current US$ | +33.1% |
| 2006 | 315.06 million BoP, current US$ | +10.4% |
| 2007 | 325.98 million BoP, current US$ | +3.5% |
| 2008 | 443.23 million BoP, current US$ | +36.0% |
| 2009 | 476.80 million BoP, current US$ | +7.6% |
| 2010 | 651.67 million BoP, current US$ | +36.7% |
| 2011 | 532.89 million BoP, current US$ | -18.2% |
| 2012 | 484.06 million BoP, current US$ | -9.2% |
| 2013 | 605.52 million BoP, current US$ | +25.1% |
| 2014 | 557.76 million BoP, current US$ | -7.9% |
| 2015 | 413.90 million BoP, current US$ | -25.8% |
| 2016 | 319.09 million BoP, current US$ | -22.9% |
| 2017 | 394.03 million BoP, current US$ | +23.5% |
| 2018 | 465.31 million BoP, current US$ | +18.1% |
| 2019 | 789.90 million BoP, current US$ | +69.8% |
| 2020 | 786.51 million BoP, current US$ | -0.4% |
| 2021 | 794.95 million BoP, current US$ | +1.1% |
| 2022 | 690.42 million BoP, current US$ | -13.1% |
| 2023 | 736.88 million BoP, current US$ | +6.7% |
| 2024 | 649.02 million BoP, current US$ | -11.9% |
Malawi compared with similar countries
- Malawi's 649.02 million BoP, current US$ is below the median for low income countries, which is 1.09 billion BoP, current US$, 60% of the median. (23 countries reporting)
- Malawi's 649.02 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 832.48 million BoP, current US$, 78% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Secondary income receipts in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +139.2% | 70.76 million BoP, current US$ | 169.25 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.53 million BoP, current US$ | 26.03 million BoP, current US$ | 71.37 million BoP, current US$ | 3 |
| 1980s | 88.33 million BoP, current US$ | 47.87 million BoP, current US$ | 208.04 million BoP, current US$ | 10 |
| 1990s | 146.73 million BoP, current US$ | 116.25 million BoP, current US$ | 171.04 million BoP, current US$ | 10 |
| 2000s | 266.18 million BoP, current US$ | 138.93 million BoP, current US$ | 476.80 million BoP, current US$ | 10 |
| 2010s | 521.41 million BoP, current US$ | 319.09 million BoP, current US$ | 789.90 million BoP, current US$ | 10 |
| 2020s | 731.56 million BoP, current US$ | 649.02 million BoP, current US$ | 794.95 million BoP, current US$ | 5 |
Countries ranked near Malawi
- 128 French Polynesia 756.42 million BoP, current US$ compare
- 129 Togo 710.17 million BoP, current US$ compare
- 130 Guinea 660.88 million BoP, current US$ compare
- 132 Venezuela 644.00 million BoP, current US$ compare
- 133 New Caledonia 642.35 million BoP, current US$ compare
- 134 Montenegro 642.19 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is secondary income receipts in Malawi?
- Secondary income receipts in Malawi was 649.02 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Malawi?
- The highest recorded value was 794.95 million BoP, current US$ in 2021.
- What is the lowest secondary income receipts recorded in Malawi?
- The lowest recorded value was 26.03 million BoP, current US$ in 1977.
- How does Malawi rank for secondary income receipts?
- Malawi ranks 131st out of 199 countries with data for 2024.
- Is secondary income receipts rising or falling in Malawi?
- Over the last ten years it is up 16.4%. 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.