Service imports in Malawi

Malawi: Service imports was 894.57 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
894.57 million BoP, current US$
Change on year
down 11.0%
World rank
157th
of 199 countries
All-time high
1.01 billion BoP, current US$
in 2023
All-time low
117.51 million BoP, current US$
in 1977
Years of data
48
1977–2024

Service imports in Malawi, 1977–2024

200.0M400.0M600.0M800.0M1.0B197720002024

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 157th 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 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

  1. 154 Fiji 995.84 million BoP, current US$ compare
  2. 155 Rwanda 990.89 million BoP, current US$ compare
  3. 156 Curacao 934.55 million BoP, current US$ compare
  4. 158 San Marino 894.03 million BoP, current US$ compare
  5. 159 Djibouti 729.63 million BoP, current US$ compare
  6. 160 Barbados 686.96 million BoP, current US$ compare

See the full ranking of 246 places →

More economy & growth data for Malawi

All data for Malawi →

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 157th out of 199 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

Indicator
Service imports (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
246 places, 9,773 data points, 1960–2025
Last refreshed

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.