Workers' remittances, payments (BoP, current US$) for Malawi



Indicator Definition:
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.

The indicator "Workers' remittances, payments (BoP, current US$)" stands at 10.53 Million usd as of 12/31/2011, the highest value at least since 12/31/2006, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 32.30 percent compared to the value the year prior.
The 1 year change in percent is 32.30.
The 3 year change in percent is 137.80.
The 5 year change in percent is 2,304.13.

The Serie's long term average value is 4.75 Million usd. It's latest available value, on 12/31/2011, is 121.72 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2005, to it's latest available value, on 12/31/2011, is +2,304.55%.
The Serie's change in percent from it's maximum value, on 12/31/2011, to it's latest available value, on 12/31/2011, is 0.0%.

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