Malawi: Exports of goods and services (% of GDP)
In , Malawi's Exports of goods and services (% of GDP) was 11.25.
That's down 0.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 44.26 .
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2023
Trend (2017–2023)
- 2020 · COVID-19 pandemic
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 12.99
- Trough
- 11.00
- 1-year change
- -0.9%
- 5-year change
- -3.7%
- -0.7% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 11.2450 | |
| 11.3424 | |
| 12.7120 | |
| 11.0048 | |
| 12.9895 | |
| 11.6728 | |
| 12.6751 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Malawi's Exports of goods and services (% of GDP) in 2023?
- In 2023, Malawi's Exports of goods and services (% of GDP) was 11.25, according to World Bank Open Data.
- Is Malawi's Exports of goods and services (% of GDP) rising or falling?
- Malawi's Exports of goods and services (% of GDP) fell 0.9% from 2022 to 2023.
- How does Malawi's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2023 was 44.26, so Malawi is below the world average.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.