Goods and services expense in Malawi
Malawi: Goods and services expense was 17.9% in 2022. ▼ Falling
Goods and services expense in Malawi, 2009–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, goods and services expense in Malawi stood at 17.9%. That is the lowest value across all 14 years on record.
That represents a change of down 12.1% on the previous year and down 44.8% over ten years.
Over the whole period, goods and services expense in Malawi peaked at 33.2% in 2010 and was at its lowest, 17.9%, in 2022.
Malawi ranks 55th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.3% | 29.3% | 29.3% | 1 |
| 2010s | 28.0% | 20.7% | 33.2% | 10 |
| 2020s | 21.3% | 17.9% | 25.7% | 3 |
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 17.9% in 2022, 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 33.2% in 2010.
- What is the lowest goods and services expense recorded in Malawi?
- The lowest recorded value was 17.9% in 2022.
- How does Malawi rank for goods and services expense?
- Malawi ranks 55th out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Malawi?
- Over the last ten years it is down 44.8%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.