Bhutan vs Malawi: External balance on goods and services as a percent of GDP

Bhutan
-16.4%
in 2024
Malawi
-18.1%
in 2025
Bhutan rank
152nd
Malawi rank
154th

External balance on goods and services as a percent of GDP over time

  • Bhutan
  • Malawi
-40-30-20-100198020022025

How they compare

Bhutan currently reports -16.4% against -18.1% in Malawi, a difference of 1.7%.

The two have swapped places 4 times across 8 shared years of data; in 2017 it was Bhutan ahead.

Bhutan ranks 152nd and Malawi ranks 154th of 191 countries.

Across the 2 decades both report, Bhutan averaged higher in 1 and Malawi in 1.

Head to head by decade

Decade Bhutan Malawi Difference Ahead
2010s -18.2% -19.5% 1.3% Bhutan
2020s -22.2% -19.7% 2.5% Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Bhutan or Malawi?
Bhutan, at -16.4% against -18.1% in Malawi as of 2024.
What is the difference in external balance on goods and services as a percent of gdp between Bhutan and Malawi?
1.7%, with Bhutan ahead.
How many years of comparable data are there for Bhutan and Malawi?
8 years are reported by both, from 2017 to 2024.
How do Bhutan and Malawi rank globally for external balance on goods and services as a percent of gdp?
Bhutan ranks 152nd and Malawi ranks 154th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bhutan vs Malawi: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/bhutan/malawi/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.