Secondary income balance (credit less debit), Net (credits less) in Malawi
Malawi: Secondary income balance (credit less debit), Net (credits less) was 454.65 million in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Malawi, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Malawi stood at 454.65 million.
That represents a change of down 25.8% on the previous year and down 16.3% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Malawi peaked at 764.33 million in 2019 and was at its lowest, 273.97 million, in 2005.
That places Malawi 90th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 273.97 million | — |
| 2006 | 300.88 million | +9.8% |
| 2007 | 321.84 million | +7.0% |
| 2008 | 437.16 million | +35.8% |
| 2009 | 468.59 million | +7.2% |
| 2010 | 641.09 million | +36.8% |
| 2011 | 518.85 million | -19.1% |
| 2012 | 469.85 million | -9.4% |
| 2013 | 592.37 million | +26.1% |
| 2014 | 542.93 million | -8.3% |
| 2015 | 397.92 million | -26.7% |
| 2016 | 314.81 million | -20.9% |
| 2017 | 387.10 million | +23.0% |
| 2018 | 456.06 million | +17.8% |
| 2019 | 764.33 million | +67.6% |
| 2020 | 755.46 million | -1.2% |
| 2021 | 634.86 million | -16.0% |
| 2022 | 503.57 million | -20.7% |
| 2023 | 612.57 million | +21.6% |
| 2024 | 454.65 million | -25.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 360.49 million | 273.97 million | 468.59 million | 5 |
| 2010s | 508.53 million | 314.81 million | 764.33 million | 10 |
| 2020s | 592.22 million | 454.65 million | 755.46 million | 5 |
Countries ranked near Malawi
More financial sector data for Malawi
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -33.35 % change on previous year (2020)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0345 SDR per US$ of GDP (2020)
- Reserves excluding gold, foreign exchange (SDR), per capita 20.78 SDR per person (2020)
- Reserves excluding gold (SDR), annual growth rate -32.6 % change on previous year (2020)
- Reserves excluding gold (SDR), per capita 21.13 SDR per person (2020)
- Total reserves (gold at market value) (SDR), annual growth rate -32.6 % change on previous year (2020)
- Total reserves (gold at market value) (SDR), per capita 21.13 SDR per person (2020)
- Total reserves (gold at national valuation) (SDR), annual growth rate -32.6 % change on previous year (2020)
- Total reserves (gold at national valuation) (SDR), per capita 21.13 SDR per person (2020)
- Total reserves in months of imports, annual growth rate -33 % change on previous year (2020)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Malawi?
- Secondary income balance (credit less debit), net (credits less) in Malawi was 454.65 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Malawi?
- The highest recorded value was 764.33 million in 2019.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Malawi?
- The lowest recorded value was 273.97 million in 2005.
- How does Malawi rank for secondary income balance (credit less debit), net (credits less)?
- Malawi ranks 90th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Malawi?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.