Remittances in Malawi
Malawi: Remittances was 1.65 in 2024. ◆ Volatile
Remittances in Malawi, 1994–2024
Source: Our World in Data.
Analysis
Malawi recorded 1.65 for remittances in 2024.
Compared with earlier readings it is up 22.0% on the previous year and up 277.6% over ten years.
Over the whole period, remittances in Malawi peaked at 2.57 in 2021 and was at its lowest, 0.0166, in 2002.
That places Malawi 110th out of 194 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.
Remittances in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.0446 | — |
| 1995 | 0.0257 | -42.3% |
| 1996 | 0.0195 | -24.2% |
| 1997 | 0.0192 | -1.4% |
| 1998 | 0.0293 | +52.5% |
| 1999 | 0.0289 | -1.4% |
| 2000 | 0.0294 | +1.9% |
| 2001 | 0.0299 | +1.6% |
| 2002 | 0.0166 | -44.5% |
| 2003 | 0.2979 | +1696.4% |
| 2004 | 0.3622 | +21.6% |
| 2005 | 0.4235 | +16.9% |
| 2006 | 0.2542 | -40.0% |
| 2007 | 0.3257 | +28.1% |
| 2008 | 0.2153 | -33.9% |
| 2009 | 0.1849 | -14.1% |
| 2010 | 0.2149 | +16.3% |
| 2011 | 0.2174 | +1.1% |
| 2012 | 0.3226 | +48.4% |
| 2013 | 0.425 | +31.7% |
| 2014 | 0.4373 | +2.9% |
| 2015 | 0.4501 | +2.9% |
| 2016 | 0.4937 | +9.7% |
| 2017 | 0.882 | +78.6% |
| 2018 | 1.83 | +107.8% |
| 2019 | 2.54 | +38.7% |
| 2020 | 1.97 | -22.6% |
| 2021 | 2.57 | +30.8% |
| 2022 | 2.13 | -17.4% |
| 2023 | 1.35 | -36.4% |
| 2024 | 1.65 | +22.0% |
Malawi compared with similar countries
- Malawi's 1.65 is below the median for low income countries, which is 3.36, 49% of the median. (22 countries reporting)
- Malawi's 1.65 is below the median for Sub-Saharan Africa, which is 2.52, 66% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Remittances 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 | +1696.4% | 0.0166 | 0.2979 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0279 | 0.0192 | 0.0446 | 6 |
| 2000s | 0.214 | 0.0166 | 0.4235 | 10 |
| 2010s | 0.7818 | 0.2149 | 2.54 | 10 |
| 2020s | 1.93 | 1.35 | 2.57 | 5 |
Countries ranked near Malawi
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 in Malawi?
- Remittances in Malawi was 1.65 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Malawi?
- The highest recorded value was 2.57 in 2021.
- What is the lowest remittances recorded in Malawi?
- The lowest recorded value was 0.0166 in 2002.
- How does Malawi rank for remittances?
- Malawi ranks 110th out of 194 countries with data for 2024.
- Is remittances rising or falling in Malawi?
- Over the last ten years it is up 277.6%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).