Malawi - Workers' remittances and compensation of employees, received (current US$)

Workers' remittances and compensation of employees, received (current US$) in Malawi was at 34219780 USD, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 malawi workers remittances and compensation of employees received us dollar wb data




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Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars.


Malawi | Economy & Growth

GDP (current US$)
6403820949 USD
GDP (current LCU)
3199372000000 LCU
GDP (constant 2000 US$)
8498528242 USD
GDP (constant LCU)
1279320000000 LCU
GNI (current US$)
6192014717 USD
GNI (current LCU)
3093552843700 LCU
GNI (constant 2000 US$)
8204525404 USD
GNI (constant LCU)
1235062488451 LCU
Gross savings (current LCU)
295068551881 LCU