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 | ... |