Imports of goods and services in Malawi
Malawi: Imports of goods and services was 3.92 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
3.92 billion BoP, current US$
Change on year
down 2.1%
World rank
150th
of 199 countries
All-time high
4.00 billion BoP, current US$
in 2023
All-time low
284.62 million BoP, current US$
in 1986
Years of data
48
1977–2024
Imports of goods and services in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods and services in Malawi stood at 3.92 billion BoP, current US$.
Compared with earlier readings it is down 2.1% on the previous year and up 29.9% over ten years.
Over the whole period, imports of goods and services in Malawi peaked at 4.00 billion BoP, current US$ in 2023 and was at its lowest, 284.62 million BoP, current US$, in 1986.
Malawi ranks 150th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 300.47 million BoP, current US$ | — |
| 1978 | 383.29 million BoP, current US$ | +27.6% |
| 1979 | 450.74 million BoP, current US$ | +17.6% |
| 1980 | 486.52 million BoP, current US$ | +7.9% |
| 1981 | 391.04 million BoP, current US$ | -19.6% |
| 1982 | 336.99 million BoP, current US$ | -13.8% |
| 1983 | 343.98 million BoP, current US$ | +2.1% |
| 1984 | 303.67 million BoP, current US$ | -11.7% |
| 1985 | 319.94 million BoP, current US$ | +5.4% |
| 1986 | 284.62 million BoP, current US$ | -11.0% |
| 1987 | 321.22 million BoP, current US$ | +12.9% |
| 1988 | 450.90 million BoP, current US$ | +40.4% |
| 1989 | 436.05 million BoP, current US$ | -3.3% |
| 1990 | 548.72 million BoP, current US$ | +25.8% |
| 1991 | 772.30 million BoP, current US$ | +40.7% |
| 1992 | 753.79 million BoP, current US$ | -2.4% |
| 1993 | 600.30 million BoP, current US$ | -20.4% |
| 1994 | 630.86 million BoP, current US$ | +5.1% |
| 1995 | 660.19 million BoP, current US$ | +4.6% |
| 1996 | 773.29 million BoP, current US$ | +17.1% |
| 1997 | 917.86 million BoP, current US$ | +18.7% |
| 1998 | 662.14 million BoP, current US$ | -27.9% |
| 1999 | 759.73 million BoP, current US$ | +14.7% |
| 2000 | 629.09 million BoP, current US$ | -17.2% |
| 2001 | 643.62 million BoP, current US$ | +2.3% |
| 2002 | 795.13 million BoP, current US$ | +23.5% |
| 2003 | 912.16 million BoP, current US$ | +14.7% |
| 2004 | 1.06 billion BoP, current US$ | +15.8% |
| 2005 | 1.31 billion BoP, current US$ | +24.0% |
| 2006 | 1.32 billion BoP, current US$ | +0.8% |
| 2007 | 1.54 billion BoP, current US$ | +16.5% |
| 2008 | 2.01 billion BoP, current US$ | +30.5% |
| 2009 | 2.24 billion BoP, current US$ | +11.5% |
| 2010 | 2.64 billion BoP, current US$ | +18.1% |
| 2011 | 2.88 billion BoP, current US$ | +9.1% |
| 2012 | 2.55 billion BoP, current US$ | -11.4% |
| 2013 | 2.96 billion BoP, current US$ | +15.8% |
| 2014 | 3.01 billion BoP, current US$ | +1.9% |
| 2015 | 2.51 billion BoP, current US$ | -16.6% |
| 2016 | 2.41 billion BoP, current US$ | -4.3% |
| 2017 | 2.85 billion BoP, current US$ | +18.4% |
| 2018 | 2.99 billion BoP, current US$ | +5.1% |
| 2019 | 3.27 billion BoP, current US$ | +9.1% |
| 2020 | 3.37 billion BoP, current US$ | +3.3% |
| 2021 | 3.77 billion BoP, current US$ | +11.7% |
| 2022 | 3.83 billion BoP, current US$ | +1.7% |
| 2023 | 4.00 billion BoP, current US$ | +4.5% |
| 2024 | 3.92 billion BoP, current US$ | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 378.17 million BoP, current US$ | 300.47 million BoP, current US$ | 450.74 million BoP, current US$ | 3 |
| 1980s | 367.49 million BoP, current US$ | 284.62 million BoP, current US$ | 486.52 million BoP, current US$ | 10 |
| 1990s | 707.92 million BoP, current US$ | 548.72 million BoP, current US$ | 917.86 million BoP, current US$ | 10 |
| 2000s | 1.24 billion BoP, current US$ | 629.09 million BoP, current US$ | 2.24 billion BoP, current US$ | 10 |
| 2010s | 2.81 billion BoP, current US$ | 2.41 billion BoP, current US$ | 3.27 billion BoP, current US$ | 10 |
| 2020s | 3.78 billion BoP, current US$ | 3.37 billion BoP, current US$ | 4.00 billion BoP, current US$ | 5 |
Countries ranked near Malawi
- 147 Djibouti 4.76 billion BoP, current US$ compare
- 148 Congo 4.49 billion BoP, current US$ compare
- 149 South Sudan 4.44 billion BoP, current US$ compare
- 151 Fiji 3.85 billion BoP, current US$ compare
- 152 Cayman Islands 3.77 billion BoP, current US$ compare
- 153 New Caledonia 3.38 billion BoP, current US$ 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)
- Services, value added (current US$), annual growth rate 45.12 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4866 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 326.79 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 46.16 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 852.01 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 572,135 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.15 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4481 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Malawi?
- Imports of goods and services in Malawi was 3.92 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Malawi?
- The highest recorded value was 4.00 billion BoP, current US$ in 2023.
- What is the lowest imports of goods and services recorded in Malawi?
- The lowest recorded value was 284.62 million BoP, current US$ in 1986.
- How does Malawi rank for imports of goods and services?
- Malawi ranks 150th out of 199 countries with data for 2024.
- Is imports of goods and services rising or falling in Malawi?
- Over the last ten years it is up 29.9%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.