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% |
Malawi compared with similar countries
- Malawi's 454.65 million is below the median for low income countries, which is 930.01 million, 49% of the median. (20 countries reporting)
- Malawi's 454.65 million is below the median for Sub-Saharan Africa, which is 679.29 million, 67% of the median. (43 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1505 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1099 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1505 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.
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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.