Remittances, annual growth rate in Malawi
Malawi: Remittances, annual growth rate was 22.05 % change on previous year in 2024. ◆ Volatile
Remittances, annual growth rate in Malawi, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Malawi recorded 22.05 % change on previous year for remittances, annual growth rate in 2024.
The figure is up 160.6% on the previous year and up 661.1% over ten years.
Over the whole period, remittances, annual growth rate in Malawi peaked at 107.81 % change on previous year in 2018 and was at its lowest, -44.53 % change on previous year, in 2002.
Malawi ranks 13th of 189 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | -42.28 % change on previous year | — |
| 1996 | -24.23 % change on previous year | -42.7% |
| 1997 | -1.44 % change on previous year | -94.1% |
| 1998 | 52.53 % change on previous year | -3750.8% |
| 1999 | -1.43 % change on previous year | -102.7% |
| 2000 | 1.86 % change on previous year | -230.3% |
| 2001 | 1.57 % change on previous year | -15.4% |
| 2002 | -44.53 % change on previous year | -2930.7% |
| 2004 | 21.57 % change on previous year | -148.4% |
| 2005 | 16.93 % change on previous year | -21.5% |
| 2006 | -39.98 % change on previous year | -336.1% |
| 2007 | 28.14 % change on previous year | -170.4% |
| 2008 | -33.89 % change on previous year | -220.4% |
| 2009 | -14.15 % change on previous year | -58.3% |
| 2010 | 16.25 % change on previous year | -214.9% |
| 2011 | 1.14 % change on previous year | -93.0% |
| 2012 | 48.41 % change on previous year | +4134.7% |
| 2013 | 31.73 % change on previous year | -34.5% |
| 2014 | 2.9 % change on previous year | -90.9% |
| 2015 | 2.92 % change on previous year | +0.9% |
| 2016 | 9.7 % change on previous year | +231.9% |
| 2017 | 78.64 % change on previous year | +710.7% |
| 2018 | 107.81 % change on previous year | +37.1% |
| 2019 | 38.68 % change on previous year | -64.1% |
| 2020 | -22.56 % change on previous year | -158.3% |
| 2021 | 30.78 % change on previous year | -236.4% |
| 2022 | -17.38 % change on previous year | -156.5% |
| 2023 | -36.39 % change on previous year | +109.4% |
| 2024 | 22.05 % change on previous year | -160.6% |
Malawi compared with similar countries
- Malawi's 22.05 % change on previous year is above the median for low income countries, which is 0.4096 % change on previous year, 53.8× the median. (21 countries reporting)
- Malawi's 22.05 % change on previous year is above the median for Sub-Saharan Africa, which is -0.6476 % change on previous year. (44 countries reporting)
Biggest year-on-year movements
Years where Remittances, annual growth rate 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 |
|---|---|---|---|
| 2012 | +4134.7% | 1.14 % change on previous year | 48.41 % change on previous year |
| 1998 | +3750.8% | -1.44 % change on previous year | 52.53 % change on previous year |
| 2002 | -2930.7% | 1.57 % change on previous year | -44.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.37 % change on previous year | -42.28 % change on previous year | 52.53 % change on previous year | 5 |
| 2000s | -6.94 % change on previous year | -44.53 % change on previous year | 28.14 % change on previous year | 9 |
| 2010s | 33.82 % change on previous year | 1.14 % change on previous year | 107.81 % change on previous year | 10 |
| 2020s | -4.7 % change on previous year | -36.39 % change on previous year | 30.78 % change on previous year | 5 |
Countries ranked near Malawi
- 10 Democratic Republic of Congo 37.95 % change on previous year compare
- 11 Cote d'Ivoire 25.24 % change on previous year compare
- 12 Tajikistan 22.29 % change on previous year compare
- 14 Paraguay 21.9 % change on previous year compare
- 15 Bangladesh 21.41 % change on previous year compare
- 16 Kuwait 20.12 % change on previous year compare
More reference data data for Malawi
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1596 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.09 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.71 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3426 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.71 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.5353 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.92 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16.7 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.87 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Malawi?
- Remittances, annual growth rate in Malawi was 22.05 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Malawi?
- The highest recorded value was 107.81 % change on previous year in 2018.
- What is the lowest remittances, annual growth rate recorded in Malawi?
- The lowest recorded value was -44.53 % change on previous year in 2002.
- How does Malawi rank for remittances, annual growth rate?
- Malawi ranks 13th out of 189 countries with data for 2024.
- Is remittances, annual growth rate rising or falling in Malawi?
- Over the last ten years it is up 661.1%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.