Goods balance (credit less debit), Net (credits less debits) in Malawi
Malawi: Goods balance (credit less debit), Net (credits less debits) was -2.00 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Malawi, 2005–2024
Source: International Monetary Fund.
Analysis
Malawi recorded -2.00 billion for goods balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 1.3% on the previous year and down 65.1% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Malawi peaked at -439.64 million in 2006 and was at its lowest, -2.05 billion, in 2021.
Malawi ranks 123rd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -608.60 million | — |
| 2006 | -439.64 million | -27.8% |
| 2007 | -582.12 million | +32.4% |
| 2008 | -868.51 million | +49.2% |
| 2009 | -739.97 million | -14.8% |
| 2010 | -1.26 billion | +70.3% |
| 2011 | -1.11 billion | -11.6% |
| 2012 | -1.05 billion | -5.7% |
| 2013 | -1.43 billion | +36.0% |
| 2014 | -1.21 billion | -15.1% |
| 2015 | -1.07 billion | -12.1% |
| 2016 | -1.09 billion | +2.2% |
| 2017 | -1.58 billion | +44.7% |
| 2018 | -1.66 billion | +5.2% |
| 2019 | -1.73 billion | +4.5% |
| 2020 | -1.92 billion | +10.7% |
| 2021 | -2.05 billion | +6.7% |
| 2022 | -1.85 billion | -9.9% |
| 2023 | -1.98 billion | +7.1% |
| 2024 | -2.00 billion | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -647.77 million | -868.51 million | -439.64 million | 5 |
| 2010s | -1.32 billion | -1.73 billion | -1.05 billion | 10 |
| 2020s | -1.96 billion | -2.05 billion | -1.85 billion | 5 |
Countries ranked near Malawi
More financial sector data for Malawi
- Net domestic credit (current LCU), per capita 362,247 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 693.47 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 40.48 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 449,295 SDR (2014)
- Gold reserves at market value 10.69 million SDR (2014)
- Reserves excluding gold, foreign exchange 405.92 million SDR (2020)
- Reserves excluding gold 412.77 million SDR (2020)
- Total reserves (gold at market value) 412.77 million SDR (2020)
- Total reserves (gold at national valuation) 412.77 million SDR (2020)
- Total reserves (gold at national valuation) (SDR), per capita 21.13 SDR per person (2020)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Malawi?
- Goods balance (credit less debit), net (credits less debits) in Malawi was -2.00 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Malawi?
- The highest recorded value was -439.64 million in 2006.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Malawi?
- The lowest recorded value was -2.05 billion in 2021.
- How does Malawi rank for goods balance (credit less debit), net (credits less debits)?
- Malawi ranks 123rd out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Malawi?
- Over the last ten years it is down 65.1%. The long-run trend across the full record is falling.
- Where does this Malawi data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.