Services, Debit/Expenditure in Malawi

Malawi: Services, Debit/Expenditure was 894.57 million in 2024. ◆ Volatile

Latest (2024)
894.57 million
Change on year
down 11.0%
World rank
157th
of 198 countries
All-time high
1.01 billion
in 2023
All-time low
152.61 million
in 2007
Years of data
20
2005–2024

Services, Debit/Expenditure in Malawi, 2005–2024

200.0M400.0M600.0M800.0M1.0B2005201420242005: 159.4M2006: 159.3M2007: 152.6M2008: 188.3M2009: 229.2M2010: 239.9M2011: 249.8M2012: 227.4M2013: 245.1M2014: 268.8M2015: 292.6M2016: 249.1M2017: 361.4M2018: 389.1M2019: 458.8M2020: 587.2M2021: 594.3M2022: 962.5M2023: 1.0B2024: 894.6M

Source: International Monetary Fund.

Analysis

Malawi recorded 894.57 million for services, debit/expenditure in 2024.

That represents a change of down 11.0% on the previous year and up 232.8% over ten years.

Over the whole period, services, debit/expenditure in Malawi peaked at 1.01 billion in 2023 and was at its lowest, 152.61 million, in 2007.

That places Malawi 157th out of 198 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Services, Debit/Expenditure in Malawi, year by year

Annual values for Services, Debit/Expenditure (US dollar) in Malawi, 2005 to 2024.
Year Value Change
2005 159.37 million —
2006 159.26 million -0.1%
2007 152.61 million -4.2%
2008 188.32 million +23.4%
2009 229.17 million +21.7%
2010 239.91 million +4.7%
2011 249.80 million +4.1%
2012 227.44 million -9.0%
2013 245.08 million +7.8%
2014 268.77 million +9.7%
2015 292.63 million +8.9%
2016 249.07 million -14.9%
2017 361.43 million +45.1%
2018 389.15 million +7.7%
2019 458.76 million +17.9%
2020 587.22 million +28.0%
2021 594.34 million +1.2%
2022 962.53 million +61.9%
2023 1.01 billion +4.4%
2024 894.57 million -11.0%

Malawi compared with similar countries

  • Malawi's 894.57 million is below the median for low income countries, which is 1.45 billion, 62% of the median. (20 countries reporting)
  • Malawi's 894.57 million is below the median for Sub-Saharan Africa, which is 1.66 billion, 54% of the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 177.75 million 152.61 million 229.17 million 5
2010s 298.20 million 227.44 million 458.76 million 10
2020s 808.75 million 587.22 million 1.01 billion 5

Countries ranked near Malawi

  1. 154 Curacao 934.55 million compare
  2. 155 Netherlands Antilles 927.67 million compare
  3. 156 Suriname 920.53 million compare
  4. 158 San Marino 894.03 million compare
  5. 159 Fiji 754.22 million compare
  6. 160 Djibouti 729.63 million compare

See the full ranking of 207 places →

More trade data for Malawi

All data for Malawi →

Frequently asked questions

What is services, debit/expenditure in Malawi?
Services, debit/expenditure in Malawi was 894.57 million in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Malawi?
The highest recorded value was 1.01 billion in 2023.
What is the lowest services, debit/expenditure recorded in Malawi?
The lowest recorded value was 152.61 million in 2007.
How does Malawi rank for services, debit/expenditure?
Malawi ranks 157th out of 198 countries with data for 2024.
Is services, debit/expenditure 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 International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Malawi. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/malawi/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.