Personal remittances and foreign aid received in Malawi

Malawi: Personal remittances and foreign aid received was 318.64 million current US$ in 2021. ◆ Volatile

Latest (2021)
318.64 million current US$
Change on year
up 37.5%
World rank
126th
of 193 countries
All-time high
318.64 million current US$
in 2021
All-time low
523,432 current US$
in 1995
Years of data
28
1994–2021

Personal remittances and foreign aid received in Malawi, 1994–2021

0100.0M200.0M300.0M1994200720211994: 766.9k current US$1995: 523.4k current US$1996: 647.4k current US$1997: 744.9k current US$1998: 746.9k current US$1999: 746.9k current US$2000: 746.9k current US$2001: 746.9k current US$2002: 843.7k current US$2003: 13.9M current US$2004: 18.3M current US$2005: 22.5M current US$2006: 14.8M current US$2007: 21.0M current US$2008: 16.7M current US$2009: 16.7M current US$2010: 21.8M current US$2011: 25.3M current US$2012: 28.3M current US$2013: 34.1M current US$2014: 38.5M current US$2015: 41.5M current US$2016: 39.1M current US$2017: 78.9M current US$2018: 181.1M current US$2019: 280.9M current US$2020: 231.7M current US$2021: 318.6M current US$

Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.

Analysis

The most recent figure for personal remittances and foreign aid received in Malawi is 318.64 million current US$, measured in 2021. That is the highest value across all 28 years on record.

The figure is up 37.5% on the previous year and up 1,158.4% over ten years.

Over the whole period, personal remittances and foreign aid received in Malawi peaked at 318.64 million current US$ in 2021 and was at its lowest, 523,432 current US$, in 1995.

That places Malawi 126th out of 193 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances and foreign aid received in Malawi, year by year

Annual values for Personal remittances and foreign aid received in Malawi, 1994 to 2021.
Year current US$ Change
1994 766,906 current US$
1995 523,432 current US$ -31.7%
1996 647,354 current US$ +23.7%
1997 744,945 current US$ +15.1%
1998 746,887 current US$ +0.3%
1999 746,884 current US$ -0.0%
2000 746,886 current US$ +0.0%
2001 746,886 current US$ +0.0%
2002 843,694 current US$ +13.0%
2003 13.91 million current US$ +1549.0%
2004 18.32 million current US$ +31.7%
2005 22.53 million current US$ +23.0%
2006 14.79 million current US$ -34.4%
2007 21.01 million current US$ +42.1%
2008 16.67 million current US$ -20.6%
2009 16.66 million current US$ -0.1%
2010 21.77 million current US$ +30.7%
2011 25.32 million current US$ +16.3%
2012 28.30 million current US$ +11.8%
2013 34.13 million current US$ +20.6%
2014 38.49 million current US$ +12.8%
2015 41.49 million current US$ +7.8%
2016 39.05 million current US$ -5.9%
2017 78.88 million current US$ +102.0%
2018 181.07 million current US$ +129.5%
2019 280.91 million current US$ +55.1%
2020 231.65 million current US$ -17.5%
2021 318.64 million current US$ +37.6%

Malawi compared with similar countries

  • Malawi's 318.64 million current US$ is below the median for low income countries, which is 439.71 million current US$, 72% of the median. (23 countries reporting)
  • Malawi's 318.64 million current US$ is above the median for Sub-Saharan Africa, which is 318.64 million current US$, 1.0× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Personal remittances and foreign aid received 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.

YearChange FromTo
2003 +1549.0% 843,694 current US$ 13.91 million current US$
2018 +129.5% 78.88 million current US$ 181.07 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 696,068 current US$ 523,432 current US$ 766,906 current US$ 6
2000s 12.62 million current US$ 746,886 current US$ 22.53 million current US$ 10
2010s 76.94 million current US$ 21.77 million current US$ 280.91 million current US$ 10
2020s 275.14 million current US$ 231.65 million current US$ 318.64 million current US$ 2

Countries ranked near Malawi

  1. 123 Rwanda 391.21 million current US$ compare
  2. 124 Niger 353.33 million current US$ compare
  3. 125 Guinea 343.91 million current US$ compare
  4. 127 Cape Verde 314.51 million current US$ compare
  5. 128 Kazakhstan 309.89 million current US$ compare
  6. 129 Saudi Arabia 294.91 million current US$ compare

See the full ranking of 193 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is personal remittances and foreign aid received in Malawi?
Personal remittances and foreign aid received in Malawi was 318.64 million current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
What is the highest personal remittances and foreign aid received recorded in Malawi?
The highest recorded value was 318.64 million current US$ in 2021.
What is the lowest personal remittances and foreign aid received recorded in Malawi?
The lowest recorded value was 523,432 current US$ in 1995.
How does Malawi rank for personal remittances and foreign aid received?
Malawi ranks 126th out of 193 countries with data for 2021.
Is personal remittances and foreign aid received rising or falling in Malawi?
Over the last ten years it is up 1,158.4%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.

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Personal remittances and foreign aid received in Malawi. Statizoid, drawing on World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/personal-remittances-oda/malawi/

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About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.