(measure: million U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Malawi: Remittances, million USD: For that indicator, The World Bank provides data for Malawi from 1994 to 2017. The average value for Malawi during that period was 15.95 million U.S. dollars with a minumum of 0.52 million U.S. dollars in 1995 and a maximum of 39.95 million U.S. dollars in 2015. See the global rankings for that indicator or use the country comparator to compare trends over time.
Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.
Definition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.