Annual growth of imports of goods and services in Malawi
Malawi: Annual growth of imports of goods and services was 1.7% in 2023. ◆ Volatile
Latest (2023)
1.7%
Change on year
up 110.5%
World rank
123rd
of 186 countries
All-time high
8.1%
in 2020
All-time low
-16.5%
in 2022
Years of data
6
2018–2023
Annual growth of imports of goods and services in Malawi, 2018–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, annual growth of imports of goods and services in Malawi stood at 1.7%.
Compared with earlier readings it is up 110.5% on the previous year and up 112.4% over ten years.
That places Malawi 123rd out of 186 countries with data for 2023, putting it in the middle of the range.
Annual growth of imports of goods and services in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | -14.0% | — |
| 2019 | 6.6% | -147.1% |
| 2020 | 8.1% | +24.0% |
| 2021 | 5.2% | -36.2% |
| 2022 | -16.5% | -417.0% |
| 2023 | 1.7% | -110.5% |
Malawi compared with similar countries
- Malawi's 1.7% is below the median for low income countries, which is 9.0%, 19% of the median. (20 countries reporting)
- Malawi's 1.7% is below the median for Sub-Saharan Africa, which is 5.0%, 35% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -3.7% | -14.0% | 6.6% | 2 |
| 2020s | -0.3% | -16.5% | 8.1% | 4 |
Countries ranked near Malawi
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 imports of goods and services in Malawi?
- Annual growth of imports of goods and services in Malawi was 1.7% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Malawi?
- The highest recorded value was 8.1% in 2020.
- What is the lowest annual growth of imports of goods and services recorded in Malawi?
- The lowest recorded value was -16.5% in 2022.
- How does Malawi rank for annual growth of imports of goods and services?
- Malawi ranks 123rd out of 186 countries with data for 2023.
- Is annual growth of imports of goods and services rising or falling in Malawi?
- Over the last ten years it is up 112.4%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under UN SDG Global Database (open, attribution requested).