Bhutan vs Malawi: External balance on goods and services

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

External balance on goods and services 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 193 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, 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 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?
Bhutan ranks 152nd and Malawi ranks 154th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% 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. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/bhutan/malawi/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.