Service imports in Malawi
Malawi: Service imports was 894.57 million BoP, current US$ in 2024. ◆ Volatile
Service imports in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Malawi is 894.57 million BoP, current US$, measured in 2024.
Compared with earlier readings it is down 11.0% on the previous year and up 232.8% over ten years.
Over the whole period, service imports in Malawi peaked at 1.01 billion BoP, current US$ in 2023 and was at its lowest, 117.51 million BoP, current US$, in 1977.
Malawi ranks 156th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 123.35 million BoP, current US$ | 117.51 million BoP, current US$ | 133.19 million BoP, current US$ | 3 |
| 1980s | 156.42 million BoP, current US$ | 122.97 million BoP, current US$ | 231.27 million BoP, current US$ | 10 |
| 1990s | 227.41 million BoP, current US$ | 147.72 million BoP, current US$ | 356.47 million BoP, current US$ | 10 |
| 2000s | 174.66 million BoP, current US$ | 147.76 million BoP, current US$ | 229.17 million BoP, current US$ | 10 |
| 2010s | 298.20 million BoP, current US$ | 227.44 million BoP, current US$ | 458.76 million BoP, current US$ | 10 |
| 2020s | 808.75 million BoP, current US$ | 587.22 million BoP, current US$ | 1.01 billion BoP, current US$ | 5 |
Countries ranked near Malawi
- 153 Fiji 995.84 million BoP, current US$ compare
- 154 Rwanda 990.89 million BoP, current US$ compare
- 155 Curacao 934.55 million BoP, current US$ compare
- 157 San Marino 894.03 million BoP, current US$ compare
- 158 Djibouti 729.63 million BoP, current US$ compare
- 159 Barbados 686.96 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 imports in Malawi?
- Service imports in Malawi was 894.57 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 imports recorded in Malawi?
- The highest recorded value was 1.01 billion BoP, current US$ in 2023.
- What is the lowest service imports recorded in Malawi?
- The lowest recorded value was 117.51 million BoP, current US$ in 1977.
- How does Malawi rank for service imports?
- Malawi ranks 156th out of 198 countries with data for 2024.
- Is service imports rising or falling in Malawi?
- Over the last ten years it is up 232.8%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are 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.