Volume of remittances (in United States dollars) … total in Malawi
Malawi: Volume of remittances (in United States dollars) … total was 1.7% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Malawi, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Malawi stood at 1.7%.
That represents a change of up 22.0% on the previous year and up 277.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Malawi peaked at 2.6% in 2021 and was at its lowest, 0.0%, in 2002.
That places Malawi 119th out of 205 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.
Volume of remittances (in United States dollars) … total in Malawi, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.0% | — |
| 2001 | 0.0% | +1.6% |
| 2002 | 0.0% | -44.5% |
| 2003 | 0.3% | +1696.9% |
| 2004 | 0.4% | +21.6% |
| 2005 | 0.4% | +16.9% |
| 2006 | 0.3% | -40.0% |
| 2007 | 0.3% | +28.1% |
| 2008 | 0.2% | -33.9% |
| 2009 | 0.2% | -14.1% |
| 2010 | 0.2% | +16.3% |
| 2011 | 0.2% | +1.1% |
| 2012 | 0.3% | +48.4% |
| 2013 | 0.4% | +31.7% |
| 2014 | 0.4% | +2.9% |
| 2015 | 0.5% | +2.9% |
| 2016 | 0.5% | +9.7% |
| 2017 | 0.9% | +78.6% |
| 2018 | 1.8% | +107.8% |
| 2019 | 2.5% | +38.7% |
| 2020 | 2.0% | -22.6% |
| 2021 | 2.6% | +30.8% |
| 2022 | 2.1% | -17.4% |
| 2023 | 1.4% | -36.4% |
| 2024 | 1.7% | +22.0% |
Malawi compared with similar countries
- Malawi's 1.7% is below the median for low income countries, which is 3.8%, 44% of the median. (18 countries reporting)
- Malawi's 1.7% is below the median for Sub-Saharan Africa, which is 2.9%, 57% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) … total 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 | +1696.9% | 0.0% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.0% | 0.4% | 10 |
| 2010s | 0.8% | 0.2% | 2.5% | 10 |
| 2020s | 1.9% | 1.4% | 2.6% | 5 |
Countries ranked near Malawi
More economy & growth data for Malawi
- Real gdp growth, annual growth rate -14.03 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -12.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0151 units per person (2025)
- SDRs holdings, SDR, annual growth rate -16.34 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0111 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Malawi?
- Volume of remittances (in united states dollars) as a proportion of in Malawi was 1.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Malawi?
- The highest recorded value was 2.6% in 2021.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Malawi?
- The lowest recorded value was 0.0% in 2002.
- How does Malawi rank for volume of remittances (in united states dollars) as a proportion of?
- Malawi ranks 119th out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Malawi?
- Over the last ten years it is up 277.4%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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