External balance on goods and services as a percent of GDP in Malawi

Malawi: External balance on goods and services as a percent of GDP was -18.1% in 2025. ▬ Flat

Latest (2025)
-18.1%
Change on year
up 6.4%
World rank
154th
of 191 countries
All-time high
-18.1%
in 2025
All-time low
-20.9%
in 2022
Years of data
9
2017–2025

External balance on goods and services as a percent of GDP in Malawi, 2017–2025

-21-20-19-182017202120252017: -20 % of GDP2018: -20.2 % of GDP2019: -18.2 % of GDP2020: -19 % of GDP2021: -19.2 % of GDP2022: -20.9 % of GDP2023: -19.9 % of GDP2024: -19.3 % of GDP2025: -18.1 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Malawi recorded -18.1% for external balance on goods and services as a percent of gdp in 2025. That is the highest value across all 9 years on record.

The figure is up 6.4% on the previous year and up 9.3% over ten years.

Over the whole period, external balance on goods and services as a percent of gdp in Malawi peaked at -18.1% in 2025 and was at its lowest, -20.9%, in 2022.

That places Malawi 154th out of 191 countries with data for 2025, putting it in the bottom quarter.

External balance on goods and services as a percent of GDP in Malawi, year by year

Annual values for External balance on goods and services as a percent of GDP in Malawi, 2017 to 2025.
Year % of GDP Change
2017 -20.0%
2018 -20.2% +1.4%
2019 -18.2% -10.0%
2020 -19.0% +4.4%
2021 -19.2% +0.8%
2022 -20.9% +9.2%
2023 -19.9% -4.7%
2024 -19.3% -3.1%
2025 -18.1% -6.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s -19.5% -20.2% -18.2% 3
2020s -19.4% -20.9% -18.1% 6

Countries ranked near Malawi

  1. 151 Guatemala -15.4% compare
  2. 152 Bhutan -16.4% compare
  3. 153 New Caledonia -17.0% compare
  4. 155 Namibia -19.2% compare
  5. 156 Sao Tome and Principe -20.0% compare
  6. 157 Guinea -20.9% compare

See the full ranking of 191 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is external balance on goods and services as a percent of gdp in Malawi?
External balance on goods and services as a percent of gdp in Malawi was -18.1% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest external balance on goods and services as a percent of gdp recorded in Malawi?
The highest recorded value was -18.1% in 2025.
What is the lowest external balance on goods and services as a percent of gdp recorded in Malawi?
The lowest recorded value was -20.9% in 2022.
How does Malawi rank for external balance on goods and services as a percent of gdp?
Malawi ranks 154th out of 191 countries with data for 2025.
Is external balance on goods and services as a percent of gdp rising or falling in Malawi?
Over the last ten years it is up 9.3%. The long-run trend across the full record is flat.
Where does this Malawi data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.

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External balance on goods and services as a percent of GDP in Malawi. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-as-a-percent-of-gdp/malawi/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.