Exports of services as a part of balance of payment rose 2.28% to USD 0.475 bil in Malawi in 2023, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Malawi reached an all time high of USD 0.475 bil in 2023 and an all time low of USD 0.013 bil in 1977. When compared to Malawi's main peers, exports of services as a part of balance of payment in Mozambique amounted to USD 1.13 bil, USD 14.3 bil in South Africa, USD 6.28 bil in Tanzania and USD 0.933 bil in Zambia in 2023.
Malawi has been ranked 130th within the group of 151 countries we follow in terms of exports of services as a part of balance of payment, 25 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Angola | USD bil | 0.631 | 0.455 | 0.067 | 0.094 | 0.082 | ||||||||||||||||
Botswana | USD bil | 0.938 | 0.969 | 0.362 | 0.429 | 0.586 | ... | |||||||||||||||
Dem. Republic of the Congo | USD bil | ... | 0.115 | 0.142 | 0.144 | 0.169 | 0.070 | ... | ||||||||||||||
Kenya | USD bil | 5.48 | 5.60 | 3.65 | 5.03 | 6.53 | ... | |||||||||||||||
Lesotho | USD bil | 0.032 | 0.029 | 0.013 | 0.022 | 0.018 | ||||||||||||||||
Malawi | USD bil | 0.208 | 0.373 | 0.442 | 0.462 | 0.464 | ... | |||||||||||||||
Mozambique | USD bil | ... | 0.779 | 0.931 | 0.781 | 0.822 | 1.13 | |||||||||||||||
Namibia | USD bil | 0.762 | 0.702 | 0.684 | 0.681 | 0.969 | ||||||||||||||||
South Africa | USD bil | 17.1 | 15.9 | 8.66 | 9.13 | 12.6 | ||||||||||||||||
Swaziland | USD bil | 0.071 | 0.067 | 0.068 | 0.072 | 0.065 | ... | |||||||||||||||
Tanzania | USD bil | 4.01 | 4.28 | 2.18 | 3.12 | 4.76 | ... | |||||||||||||||
Uganda | USD bil | 2.29 | 2.08 | 1.16 | 1.74 | 1.84 | ... | |||||||||||||||
Zambia | USD bil | 0.953 | 1.01 | 0.556 | 0.526 | 0.939 | ... | |||||||||||||||
Zimbabwe | USD bil | ... | ... | ... | ... | ... | 0.501 | 0.603 | 0.331 | 0.216 | 0.453 | ... |