Annual growth of exports of goods and services in Malawi
Malawi: Annual growth of exports of goods and services was 22.4% in 2023. ◆ Volatile
Latest (2023)
22.4%
Change on year
up 193.0%
World rank
21st
of 186 countries
All-time high
22.4%
in 2023
All-time low
-24.1%
in 2022
Years of data
6
2018–2023
Annual growth of exports of goods and services in Malawi, 2018–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of exports of goods and services in Malawi is 22.4%, measured in 2023. That is the highest value across all 6 years on record.
That represents a change of up 193.0% on the previous year and up 1,193.8% over ten years.
Malawi ranks 21st of 186 countries on this measure, in the top quarter.
Annual growth of exports of goods and services in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | -2.0% | — |
| 2019 | 18.6% | -1009.5% |
| 2020 | -4.4% | -123.8% |
| 2021 | 17.2% | -489.3% |
| 2022 | -24.1% | -239.8% |
| 2023 | 22.4% | -193.0% |
Malawi compared with similar countries
- Malawi's 22.4% is above the median for low income countries, which is 15.5%, 1.4× the median. (20 countries reporting)
- Malawi's 22.4% is above the median for Sub-Saharan Africa, which is 4.4%, 5.1× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.3% | -2.0% | 18.6% | 2 |
| 2020s | 2.8% | -24.1% | 22.4% | 4 |
Countries ranked near Malawi
- 18 Côte d'Ivoire 25.1% compare
- 18 Côte d'Ivoire 25.1% compare
- 20 Kyrgyzstan 22.9% compare
- 22 Argentina 19.8% compare
- 23 Marshall Islands 18.7% compare
- 24 Gambia 17.5% compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 56.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.61 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 257.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 20.57 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0228 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 11.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is annual growth of exports of goods and services in Malawi?
- Annual growth of exports of goods and services in Malawi was 22.4% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Malawi?
- The highest recorded value was 22.4% in 2023.
- What is the lowest annual growth of exports of goods and services recorded in Malawi?
- The lowest recorded value was -24.1% in 2022.
- How does Malawi rank for annual growth of exports of goods and services?
- Malawi ranks 21st out of 186 countries with data for 2023.
- Is annual growth of exports of goods and services rising or falling in Malawi?
- Over the last ten years it is up 1,193.8%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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