Service exports in Malawi
Malawi: Service exports was 508.03 million BoP, current US$ in 2024. ◆ Volatile
Service exports in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malawi recorded 508.03 million BoP, current US$ for service exports in 2024. That is the highest value across all 48 years on record.
The figure is up 9.2% on the previous year and up 364.4% over ten years.
Over the whole period, service exports in Malawi peaked at 508.03 million BoP, current US$ in 2024 and was at its lowest, 13.40 million BoP, current US$, in 1977.
Malawi ranks 155th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.59 million BoP, current US$ | 13.40 million BoP, current US$ | 34.77 million BoP, current US$ | 3 |
| 1980s | 30.25 million BoP, current US$ | 20.10 million BoP, current US$ | 43.67 million BoP, current US$ | 10 |
| 1990s | 34.01 million BoP, current US$ | 24.16 million BoP, current US$ | 49.24 million BoP, current US$ | 10 |
| 2000s | 59.34 million BoP, current US$ | 34.29 million BoP, current US$ | 79.09 million BoP, current US$ | 10 |
| 2010s | 150.42 million BoP, current US$ | 80.09 million BoP, current US$ | 373.06 million BoP, current US$ | 10 |
| 2020s | 455.16 million BoP, current US$ | 398.84 million BoP, current US$ | 508.03 million BoP, current US$ | 5 |
Countries ranked near Malawi
- 152 Saint Kitts and Nevis 528.83 million BoP, current US$ compare
- 153 Mali 516.36 million BoP, current US$ compare
- 154 Togo 514.12 million BoP, current US$ compare
- 156 Gambia 484.54 million BoP, current US$ compare
- 157 South Sudan 484.47 million BoP, current US$ compare
- 158 Yemen 465.63 million 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 service exports in Malawi?
- Service exports in Malawi was 508.03 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Malawi?
- The highest recorded value was 508.03 million BoP, current US$ in 2024.
- What is the lowest service exports recorded in Malawi?
- The lowest recorded value was 13.40 million BoP, current US$ in 1977.
- How does Malawi rank for service exports?
- Malawi ranks 155th out of 198 countries with data for 2024.
- Is service exports rising or falling in Malawi?
- Over the last ten years it is up 364.4%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-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.