Service exports — all countries

Service exports — Malawi

Service exports in Malawi in 2024 — 508,031,965 US$. Ranked 136 in the world out of 165. Since 1977, the indicator has risen by 3,691%.

2024 508M US$ +9.24% vs 2023
World rank 136of 165
Period maximum 508M US$2024
Period minimum 13.4M US$1977

Trend over time

1977–2024 · US$

Service exports — Malawi, 1977–20240200M400M600M19771982198719921997200220072012201720221977: 13,400,846 US$1978: 25,600,149 US$1979: 34,766,517 US$1980: 31,769,656 US$1981: 43,672,557 US$1982: 27,853,858 US$1983: 28,771,753 US$1984: 27,027,409 US$1985: 25,943,858 US$1986: 20,095,930 US$1987: 28,387,193 US$1988: 38,457,021 US$1989: 30,512,507 US$1990: 36,645,048 US$1991: 38,525,851 US$1992: 28,501,846 US$1993: 29,958,356 US$1994: 26,074,799 US$1995: 24,162,931 US$1996: 36,646,387 US$1997: 38,811,920 US$1998: 31,522,947 US$1999: 49,237,381 US$2000: 34,289,495 US$2001: 43,641,683 US$2002: 49,414,517 US$2003: 51,918,250 US$2004: 54,753,745 US$2005: 67,320,472 US$2006: 64,513,316 US$2007: 74,014,040 US$2008: 74,402,761 US$2009: 79,091,250 US$2010: 80,092,630 US$2011: 86,309,155 US$2012: 105,266,670 US$2013: 111,025,313 US$2014: 109,397,480 US$2015: 116,294,028 US$2016: 113,930,534 US$2017: 201,294,772 US$2018: 207,547,199 US$2019: 373,056,610 US$2020: 441,708,589 US$2021: 462,146,310 US$2022: 398,841,633 US$2023: 465,050,471 US$2024: 508,031,965 US$
Change over the period: +495M (+3,691.04%) Average annual rate: 8.04 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Malawi

Malawi 508M US$
World 8.85T US$
Sub-Saharan Africa 85.52B US$
Eastern Africa computed 38.37B US$
Service exports — Malawi, by year Malawi All countries CSV XLSX
Year US$ Change Change, %
2024 508M +42.98M +9.24%
2023 465M +66.21M +16.6%
2022 399M −63.3M −13.7%
2021 462M +20.44M +4.63%
2020 442M +68.65M +18.4%
2019 373M +166M +79.75%
2018 208M +6.25M +3.11%
2017 201M +87.36M +76.68%
2016 114M −2.36M −2.03%
2015 116M +6.9M +6.3%
2014 109M −1.63M −1.47%
2013 111M +5.76M +5.47%
2012 105M +18.96M +21.96%
2011 86.31M +6.22M +7.76%
2010 80.09M +1M +1.27%
2009 79.09M +4.69M +6.3%
2008 74.4M +388,721 +0.53%
2007 74.01M +9.5M +14.73%
2006 64.51M −2.81M −4.17%
2005 67.32M +12.57M +22.95%
2004 54.75M +2.84M +5.46%
2003 51.92M +2.5M +5.07%
2002 49.41M +5.77M +13.23%
2001 43.64M +9.35M +27.27%
2000 34.29M −14.95M −30.36%
1999 49.24M +17.71M +56.2%
1998 31.52M −7.29M −18.78%
1997 38.81M +2.17M +5.91%
1996 36.65M +12.48M +51.66%
1995 24.16M −1.91M −7.33%
1994 26.07M −3.88M −12.96%
1993 29.96M +1.46M +5.11%
1992 28.5M −10.02M −26.02%
1991 38.53M +1.88M +5.13%
1990 36.65M +6.13M +20.1%
1989 30.51M −7.94M −20.66%
1988 38.46M +10.07M +35.47%
1987 28.39M +8.29M +41.26%
1986 20.1M −5.85M −22.54%
1985 25.94M −1.08M −4.01%
1984 27.03M −1.74M −6.06%
1983 28.77M +917,895 +3.3%
1982 27.85M −15.82M −36.22%
1981 43.67M +11.9M +37.47%
1980 31.77M −3M −8.62%
1979 34.77M +9.17M +35.81%
1978 25.6M +12.2M +91.03%
1977 13.4M

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.