Goods and services expense in Malawi
Malawi: Goods and services expense was 1.05 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Malawi, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Malawi is 1.05 trillion current LCU, measured in 2024. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 70.8% on the previous year and up 742.6% over ten years.
Over the whole period, goods and services expense in Malawi peaked at 1.05 trillion current LCU in 2024 and was at its lowest, 58.51 billion current LCU, in 2009.
That places Malawi 29th out of 155 countries with data for 2024, putting it in the top 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 |
|---|---|---|---|---|
| 2000s | 58.51 billion current LCU | 58.51 billion current LCU | 58.51 billion current LCU | 1 |
| 2010s | 163.12 billion current LCU | 64.25 billion current LCU | 352.20 billion current LCU | 10 |
| 2020s | 562.51 billion current LCU | 348.54 billion current LCU | 1.05 trillion current LCU | 5 |
Countries ranked near Malawi
More public sector data for Malawi
- Arms imports 19.00 million SIPRI trend indicator values (2022)
- Tax revenue 15.6% (2024)
- Taxes on income, profits and capital gains 39.2% (2024)
- Taxes on goods and services 30.5% (2024)
- Net investment in nonfinancial assets 8.0% (2024)
- Net lending (+) / net borrowing (-) -11.8% (2024)
- Interest payments 35.8% (2024)
- Grants and other revenue 23.5% (2024)
- Interest payments 26.3% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is goods and services expense in Malawi?
- Goods and services expense in Malawi was 1.05 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Malawi?
- The highest recorded value was 1.05 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Malawi?
- The lowest recorded value was 58.51 billion current LCU in 2009.
- How does Malawi rank for goods and services expense?
- Malawi ranks 29th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Malawi?
- Over the last ten years it is up 742.6%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.