Service exports in Malawi

Malawi: Service exports was 508.03 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
508.03 million BoP, current US$
Change on year
up 9.2%
World rank
156th
of 199 countries
All-time high
508.03 million BoP, current US$
in 2024
All-time low
13.40 million BoP, current US$
in 1977
Years of data
48
1977–2024

Service exports in Malawi, 1977–2024

0100.0M200.0M300.0M400.0M500.0M197720002024

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 156th of 199 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

DecadeAverage LowestHighest 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

  1. 153 Saint Kitts and Nevis 528.83 million BoP, current US$ compare
  2. 154 Mali 516.36 million BoP, current US$ compare
  3. 155 Togo 514.12 million BoP, current US$ compare
  4. 157 Gambia 484.54 million BoP, current US$ compare
  5. 158 South Sudan 484.47 million BoP, current US$ compare
  6. 159 Yemen 465.63 million BoP, current US$ compare

See the full ranking of 244 places →

More economy & growth data for Malawi

All data for Malawi →

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 156th out of 199 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

Indicator
Service exports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,729 data points, 1960–2025
Last refreshed

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.