Workers' Remittances, Received (USD) fell 17.5% to USD 232 mil in Malawi in 2020

Workers' Remittances, Received (USD) (USD mil), 2020
Economy | Malawi | January 2, 2023
$2.99
Excel Sheet

Workers' remittances received fell 17.5% to USD 232 mil in Malawi in 2020, according to the National Statistical Office.

Historically, workers' remittances received in Malawi reached an all time high of USD 281 mil in 2019 and an all time low of USD 0.523 mil in 1995. When compared to Malawi's main peers, workers' remittances received in Mozambique amounted to USD 349 mil, USD 811 mil in South Africa, USD 326 mil in Tanzania and USD 135 mil in Zambia in 2020.

Malawi has been ranked 128th within the group of 162 countries we follow in terms of workers' remittances received, 21 places above the position seen 10 years ago.

Workers' Remittances, Received (USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Angola USD mil ... ... ... ... ... ... ... 11.1 3.99 1.42 1.58 3.45
Botswana USD mil 30.0 24.6 39.0 44.3 59.4
Dem. Republic of the Congo USD mil ... ... ... ... 1,167 593 1,076 1,823 2,076 ...
Kenya USD mil 1,569 1,745 1,962 2,720 2,838
Lesotho USD mil 371 454 550 582 544
Malawi USD mil 41.5 39.1 78.9 181 281
Mozambique USD mil 143 93.4 258 296 300
Namibia USD mil 46.7 66.5 48.3 53.7 65.6
South Africa USD mil 825 755 874 929 890
Swaziland USD mil 95.8 98.4 144 126 119
Tanzania USD mil 388 403 403 413 433 ...
Uganda USD mil 902 1,146 1,166 1,338 1,425 ...
Zambia USD mil ... ... 47.0 38.5 93.6 107 98.3
Zimbabwe USD mil ... ... ... ... ... ... ... ... 2,047 1,856 1,730 1,428 1,417 ...