Current account balance in Malawi
Malawi: Current account balance was -2.13 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Malawi stood at -2.13 billion BoP, current US$.
Compared with earlier readings it is down 1.0% on the previous year and down 88.3% over ten years.
Over the whole period, current account balance in Malawi peaked at -4.38 million BoP, current US$ in 1998 and was at its lowest, -2.28 billion BoP, current US$, in 2022.
Malawi ranks 151st of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -167.50 million BoP, current US$ | -265.65 million BoP, current US$ | -61.80 million BoP, current US$ | 3 |
| 1980s | -109.94 million BoP, current US$ | -259.63 million BoP, current US$ | -41.75 million BoP, current US$ | 10 |
| 1990s | -160.86 million BoP, current US$ | -284.91 million BoP, current US$ | -4.38 million BoP, current US$ | 10 |
| 2000s | -343.04 million BoP, current US$ | -693.39 million BoP, current US$ | -59.95 million BoP, current US$ | 10 |
| 2010s | -1.19 billion BoP, current US$ | -1.71 billion BoP, current US$ | -744.67 million BoP, current US$ | 10 |
| 2020s | -2.01 billion BoP, current US$ | -2.28 billion BoP, current US$ | -1.64 billion BoP, current US$ | 5 |
Countries ranked near Malawi
- 148 Montenegro -1.88 billion BoP, current US$ compare
- 149 Croatia -1.93 billion BoP, current US$ compare
- 150 Armenia -2.11 billion BoP, current US$ compare
- 152 Tanzania -2.38 billion BoP, current US$ compare
- 153 Yemen -2.42 billion BoP, current US$ compare
- 154 Suriname -2.48 billion BoP, current US$ compare
More economy & growth data for Malawi
- External balance on goods and services as a percent of GDP -18.1% (2025)
- Inflation of consumer prices 28.4% (2025)
- GDP per capita 548.16 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.0% (2024)
- Gross domestic product (GDP) 12.18 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 548.16 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,751 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.46 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 835.90 million current US$ (2025)
- Taxes less subsidies on products 1.83 trillion current LCU (2025)
Frequently asked questions
- What is current account balance in Malawi?
- Current account balance in Malawi was -2.13 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Malawi?
- The highest recorded value was -4.38 million BoP, current US$ in 1998.
- What is the lowest current account balance recorded in Malawi?
- The lowest recorded value was -2.28 billion BoP, current US$ in 2022.
- How does Malawi rank for current account balance?
- Malawi ranks 151st out of 198 countries with data for 2024.
- Is current account balance rising or falling in Malawi?
- Over the last ten years it is down 88.3%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.