Total reserves in months of imports in Malawi

Malawi: Total reserves in months of imports was 1.91 in 2020. ▲ Rising

Latest (2020)
1.91
Change on year
down 33.0%
World rank
138th
of 178 countries
All-time high
4.38
in 1998
All-time low
0.5466
in 1983
Years of data
43
1978–2020

Total reserves in months of imports in Malawi, 1978–2020

12341978199920201978: 2.11979: 1.61980: 1.41981: 1.21982: 0.7961983: 0.5471984: 1.71985: 1.31986: 0.891987: 1.71988: 3.21989: 2.41990: 2.71991: 2.21992: 0.6341993: 1.11994: 0.8441995: 1.91996: 3.31997: 1.81998: 4.41999: 3.72000: 4.42001: 3.62002: 2.42003: 1.52004: 1.42005: 1.42006: 1.22007: 1.72008: 1.42009: 0.832010: 1.42011: 0.7982012: 1.12013: 1.62014: 2.22015: 32016: 2.92017: 32018: 2.82019: 2.92020: 1.9

Source: International Financial Statistics database, International Monetary Fund (IMF).

Analysis

The most recent figure for total reserves in months of imports in Malawi is 1.91, measured in 2020.

Compared with earlier readings it is down 33.0% on the previous year and up 39.0% over ten years.

Over the whole period, total reserves in months of imports in Malawi peaked at 4.38 in 1998 and was at its lowest, 0.5466, in 1983.

That places Malawi 138th out of 178 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 43 years of available data.

Total reserves in months of imports in Malawi, year by year

Annual values for Total reserves in months of imports in Malawi, 1978 to 2020.
Year Value Change
1978 2.13
1979 1.58 -26.0%
1980 1.43 -9.5%
1981 1.24 -13.0%
1982 0.7962 -36.0%
1983 0.5466 -31.3%
1984 1.73 +216.5%
1985 1.34 -22.3%
1986 0.8898 -33.8%
1987 1.68 +89.1%
1988 3.24 +92.3%
1989 2.36 -27.0%
1990 2.67 +13.1%
1991 2.19 -18.2%
1992 0.6339 -71.0%
1993 1.11 +74.6%
1994 0.8445 -23.7%
1995 1.95 +130.7%
1996 3.3 +69.6%
1997 1.83 -44.7%
1998 4.38 +139.8%
1999 3.7 -15.4%
2000 4.35 +17.5%
2001 3.6 -17.2%
2002 2.37 -34.2%
2003 1.52 -35.7%
2004 1.38 -9.1%
2005 1.43 +3.0%
2006 1.22 -14.7%
2007 1.69 +38.5%
2008 1.41 -16.2%
2009 0.8302 -41.2%
2010 1.38 +65.9%
2011 0.7985 -42.0%
2012 1.13 +41.4%
2013 1.59 +41.2%
2014 2.23 +39.8%
2015 2.99 +34.1%
2016 2.93 -2.1%
2017 3.01 +2.8%
2018 2.76 -8.3%
2019 2.86 +3.6%
2020 1.91 -33.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.86 1.58 2.13 2
1980s 1.53 0.5466 3.24 10
1990s 2.26 0.6339 4.38 10
2000s 1.98 0.8302 4.35 10
2010s 2.17 0.7985 3.01 10
2020s 1.91 1.91 1.91 1

Countries ranked near Malawi

  1. 135 Spain 2.02 compare
  2. 136 Latvia 2.02 compare
  3. 137 Liberia 2.02 compare
  4. 139 Eswatini 1.91 compare
  5. 140 Kosovo 1.82 compare
  6. 141 Austria 1.8 compare

See the full ranking of 225 places →

More financial sector data for Malawi

All data for Malawi →

Frequently asked questions

What is total reserves in months of imports in Malawi?
Total reserves in months of imports in Malawi was 1.91 in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves in months of imports recorded in Malawi?
The highest recorded value was 4.38 in 1998.
What is the lowest total reserves in months of imports recorded in Malawi?
The lowest recorded value was 0.5466 in 1983.
How does Malawi rank for total reserves in months of imports?
Malawi ranks 138th out of 178 countries with data for 2020.
Is total reserves in months of imports rising or falling in Malawi?
Over the last ten years it is up 39.0%. The long-run trend across the full record is rising.
Where does this Malawi data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.

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Total reserves in months of imports in Malawi. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 28 August 2026, from https://financial-sector.statizoid.com/stat/total-reserves-in-months-of-imports/malawi/

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About this data

Indicator
Total reserves in months of imports
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
225 places, 9,249 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].