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
18th
of 176 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: World Bank – processed by Our World in Data. Measured in %.
Analysis
Malawi recorded 22.4% for annual growth of exports of goods and services in 2023. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 193.0% on the previous year and up 1,191.7% over ten years.
That places Malawi 18th out of 176 countries with data for 2023, putting it in the top 10%.
Annual growth of exports of goods and services in Malawi, year by year
| Year | % | Change |
|---|---|---|
| 2018 | -2.0% | — |
| 2019 | 18.6% | -1007.8% |
| 2020 | -4.4% | -123.8% |
| 2021 | 17.2% | -489.6% |
| 2022 | -24.1% | -239.8% |
| 2023 | 22.4% | -193.0% |
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
- 15 Armenia 27.6% compare
- 16 Côte d'Ivoire 25.1% compare
- 17 Kyrgyzstan 22.9% compare
- 19 Argentina 19.8% compare
- 20 Marshall Islands 18.7% compare
- 21 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 World Bank – processed by Our World in Data.
- 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 18th out of 176 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 1,191.7%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).