Service exports (BoP, current US$), annual growth rate in Malawi
Malawi: Service exports (BoP, current US$), annual growth rate was 9.24 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Malawi, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Malawi recorded 9.24 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is down 44.3% on the previous year and up 730.3% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Malawi peaked at 91.03 % change on previous year in 1978 and was at its lowest, -36.22 % change on previous year, in 1982.
That places Malawi 95th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 91.03 % change on previous year | — |
| 1979 | 35.81 % change on previous year | -60.7% |
| 1980 | -8.62 % change on previous year | -124.1% |
| 1981 | 37.47 % change on previous year | -534.7% |
| 1982 | -36.22 % change on previous year | -196.7% |
| 1983 | 3.3 % change on previous year | -109.1% |
| 1984 | -6.06 % change on previous year | -284.0% |
| 1985 | -4.01 % change on previous year | -33.9% |
| 1986 | -22.54 % change on previous year | +462.3% |
| 1987 | 41.26 % change on previous year | -283.0% |
| 1988 | 35.47 % change on previous year | -14.0% |
| 1989 | -20.66 % change on previous year | -158.2% |
| 1990 | 20.1 % change on previous year | -197.3% |
| 1991 | 5.13 % change on previous year | -74.5% |
| 1992 | -26.02 % change on previous year | -606.9% |
| 1993 | 5.11 % change on previous year | -119.6% |
| 1994 | -12.96 % change on previous year | -353.7% |
| 1995 | -7.33 % change on previous year | -43.4% |
| 1996 | 51.66 % change on previous year | -804.6% |
| 1997 | 5.91 % change on previous year | -88.6% |
| 1998 | -18.78 % change on previous year | -417.8% |
| 1999 | 56.2 % change on previous year | -399.2% |
| 2000 | -30.36 % change on previous year | -154.0% |
| 2001 | 27.27 % change on previous year | -189.8% |
| 2002 | 13.23 % change on previous year | -51.5% |
| 2003 | 5.07 % change on previous year | -61.7% |
| 2004 | 5.46 % change on previous year | +7.8% |
| 2005 | 22.95 % change on previous year | +320.3% |
| 2006 | -4.17 % change on previous year | -118.2% |
| 2007 | 14.73 % change on previous year | -453.2% |
| 2008 | 0.5253 % change on previous year | -96.4% |
| 2009 | 6.3 % change on previous year | +1099.6% |
| 2010 | 1.27 % change on previous year | -79.9% |
| 2011 | 7.76 % change on previous year | +513.0% |
| 2012 | 21.96 % change on previous year | +183.0% |
| 2013 | 5.47 % change on previous year | -75.1% |
| 2014 | -1.47 % change on previous year | -126.8% |
| 2015 | 6.3 % change on previous year | -530.0% |
| 2016 | -2.03 % change on previous year | -132.2% |
| 2017 | 76.68 % change on previous year | -3873.8% |
| 2018 | 3.11 % change on previous year | -95.9% |
| 2019 | 79.75 % change on previous year | +2467.6% |
| 2020 | 18.4 % change on previous year | -76.9% |
| 2021 | 4.63 % change on previous year | -74.9% |
| 2022 | -13.7 % change on previous year | -396.1% |
| 2023 | 16.6 % change on previous year | -221.2% |
| 2024 | 9.24 % change on previous year | -44.3% |
Malawi compared with similar countries
- Malawi's 9.24 % change on previous year is above the median for low income countries, which is 8.74 % change on previous year, 1.1× the median. (23 countries reporting)
- Malawi's 9.24 % change on previous year is above the median for Sub-Saharan Africa, which is 9.24 % change on previous year, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +3873.8% | -2.03 % change on previous year | 76.68 % change on previous year |
| 2019 | +2467.6% | 3.11 % change on previous year | 79.75 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63.42 % change on previous year | 35.81 % change on previous year | 91.03 % change on previous year | 2 |
| 1980s | 1.94 % change on previous year | -36.22 % change on previous year | 41.26 % change on previous year | 10 |
| 1990s | 7.9 % change on previous year | -26.02 % change on previous year | 56.2 % change on previous year | 10 |
| 2000s | 6.1 % change on previous year | -30.36 % change on previous year | 27.27 % change on previous year | 10 |
| 2010s | 19.88 % change on previous year | -2.03 % change on previous year | 79.75 % change on previous year | 10 |
| 2020s | 7.03 % change on previous year | -13.7 % change on previous year | 18.4 % change on previous year | 5 |
Countries ranked near Malawi
- 92 San Marino 9.57 % change on previous year compare
- 93 Italy 9.32 % change on previous year compare
- 94 Chile 9.26 % change on previous year compare
- 96 Sint Maarten (Dutch part) 9.22 % change on previous year compare
- 97 Austria 9.17 % change on previous year compare
- 98 Algeria 9.02 % change on previous year compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Malawi?
- Service exports (bop, current us$), annual growth rate in Malawi was 9.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Malawi?
- The highest recorded value was 91.03 % change on previous year in 1978.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Malawi?
- The lowest recorded value was -36.22 % change on previous year in 1982.
- How does Malawi rank for service exports (bop, current us$), annual growth rate?
- Malawi ranks 95th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Malawi?
- Over the last ten years it is up 730.3%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.