Workers' remittances paid reached 19.7 USD mil in 2017 in Malawi, according to the National Statistical Office. This is 19.4 % more than in the previous year.
Historically, workers' remittances paid in Malawi reached an all time high of 20.0 USD mil in 2015 and an all time low of 0.036 USD mil in 1991. When compared to Malawi's main peers, workers' remittances paid in Mozambique amounted to 219 USD mil, 1,033 USD mil in South Africa, 114 USD mil in Tanzania and 121 USD mil in Zambia in 2017.
Malawi has been ranked 132nd within the group of 142 countries we follow in terms of workers' remittances paid, 3 places behind the position seen 10 years ago.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.