Malawi Current Account Balance

1977 - 2021 | Yearly | USD mn | CEIC Data

Key information about Malawi Current Account Balance

  • Malawi Current Account recorded a deficit of 1.8 USD bn in Dec 2021, compared with a deficit of 1.5 USD bn in the previous year.
  • Malawi Current Account Balance: USD mn data is updated yearly, available from Dec 1977 to Dec 2021, with an averaged value of -249.0 USD mn.
  • The data reached an all-time high of -4.4 USD mn in Dec 1998 and a record low of -1.8 USD bn in Dec 2021.
  • CEIC converts annual Current Account Balance into USD. The National Statistical Office of Malawi provides Current Account Balance in local Currency. The Reserve Bank of Malawi average market exchange rate is used for currency conversations. Current Account Balance prior to 2012 is sourced from the International Monetary Fund.
  • Foreign Direct Investment (FDI) increased by 46.4 USD mn in Dec 2021.
  • Malawi Direct Investment Abroad fell by 122.4 USD mn in Dec 2021.
  • Its Foreign Portfolio Investment fell by 146.4 USD mn in Dec 2021.
  • The country's Nominal GDP was reported at 10.9 USD bn in Dec 2019.

View Malawi's Current Account Balance from 1977 to 2021 in the chart:

Malawi Current Account Balance

What was Malawi's Current Account Balance in 2021?

Malawi Current Account recorded a deficit of 1.8 USD bn in Dec 2021, compared with a deficit of 1.5 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1,752.1 2021 -1,466.3 2020 -1,752.1 2021 -4.4 1998 USD mn yearly 1977 - 2021

Current Account Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -145.1 Mar 2023 quarterly Mar 1993 - Mar 2023
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 3,490.2 Jun 2024 quarterly Mar 1976 - Jun 2024
Armenia (USD mn) -168.6 Jun 2024 quarterly Mar 1993 - Jun 2024
Australia (USD mn) -9,479.8 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (USD mn) 5,171.8 Mar 2023 quarterly Mar 1970 - Mar 2023
Azerbaijan (USD mn) 895.5 Jun 2024 quarterly Mar 2013 - Jun 2024
Bahrain (USD mn) 671.7 Jun 2024 quarterly Mar 2018 - Jun 2024
Bangladesh (USD mn) -188.8 Jul 2024 monthly Jul 1997 - Jul 2024
Belarus (USD mn) -1,726.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Belgium (USD mn) -1,705.2 Dec 2022 monthly Jan 1995 - Dec 2022
Bolivia (USD mn) 39.0 Jun 2024 quarterly Mar 1988 - Jun 2024
Bosnia and Herzegovina (USD mn) -271.0 Jun 2024 quarterly Mar 2001 - Jun 2024
Botswana (USD mn) -44.3 Dec 2022 quarterly Mar 2004 - Dec 2022
Brazil (USD mn) -5,879.8 Oct 2024 monthly Jan 1995 - Oct 2024
Brunei (USD mn) -615.1 Dec 2020 quarterly Mar 2001 - Dec 2020
Bulgaria (USD mn) 351.4 Apr 2023 monthly Jan 1996 - Apr 2023
Cambodia (USD mn) -574.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Canada (USD mn) -4,560.8 Mar 2023 quarterly Mar 1957 - Mar 2023
Chile (USD mn) -3,139.6 Sep 2024 quarterly Mar 2003 - Sep 2024
China (USD mn) 146,900.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Colombia (USD mn) -1,669.2 Sep 2024 quarterly Mar 1996 - Sep 2024
Croatia (USD mn) -1,465.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) -178.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Czech Republic (USD mn) 782.0 Apr 2023 monthly Jan 2003 - Apr 2023
Denmark (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Ecuador (USD mn) 2,407.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Egypt (USD mn) -3,711.1 Jun 2024 quarterly Dec 1993 - Jun 2024
Estonia (USD mn) 94.3 Apr 2023 monthly Jan 1999 - Apr 2023
European Union (USD mn) 185,094.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Finland (USD mn) -1,912.9 Apr 2023 monthly Jan 1980 - Apr 2023
France (USD mn) -2,881.7 Oct 2024 monthly Jan 1999 - Oct 2024
Georgia (USD mn) -200.5 Mar 2023 quarterly Mar 1995 - Mar 2023
Germany (USD mn) 12,605.5 Oct 2024 monthly Jan 1991 - Oct 2024
Ghana (USD mn) 998.5 Jun 2024 quarterly Mar 2005 - Jun 2024
Greece (USD mn) -351.5 Sep 2024 monthly Jan 2000 - Sep 2024
Hong Kong SAR, China (USD mn) 12,924.5 Jun 2024 quarterly Mar 1999 - Jun 2024
Hungary (USD mn) 2,080.3 Jun 2024 quarterly Dec 1989 - Jun 2024
Iceland (USD mn) -71.2 Mar 2023 quarterly Mar 1976 - Mar 2023
India (USD mn) -9,739.2 Jun 2024 quarterly Jun 1949 - Jun 2024
Indonesia (USD mn) -2,150.2 Sep 2024 quarterly Mar 1981 - Sep 2024
Iran (USD mn) 14,204.8 2023 yearly 1997 - 2023
Ireland (USD mn) 14,845.9 Mar 2023 quarterly Mar 1981 - Mar 2023
Israel (USD mn) 4,962.6 Jun 2024 quarterly Mar 1992 - Jun 2024
Italy (USD mn) -1,662.6 Apr 2023 monthly Jan 1970 - Apr 2023
Ivory Coast (USD mn) -4,378.2 2023 yearly 1975 - 2023
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (USD mn) -1,007.6 Mar 2023 quarterly Mar 1977 - Mar 2023
Kazakhstan (USD mn) -662.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Kenya (USD mn) -266.0 Jun 2024 monthly Jan 2002 - Jun 2024
South Korea (USD mn) 7,614.6 Oct 2024 monthly Jan 1980 - Oct 2024
Kosovo (USD mn) 294.9 Sep 2024 quarterly Mar 2009 - Sep 2024
Kuwait (USD mn) 11,086.1 Mar 2024 quarterly Mar 2012 - Mar 2024
Kyrgyzstan (USD mn) -1,294.6 Dec 2022 quarterly Mar 1993 - Dec 2022
Laos (USD mn) -172.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Latvia (USD mn) 23.0 Apr 2023 monthly Jan 2000 - Apr 2023
Lebanon (USD mn) -227.4 Dec 2023 monthly Jan 2002 - Dec 2023
Lithuania (USD mn) 550.8 Oct 2024 monthly Jan 2001 - Oct 2024
Luxembourg (USD mn) 2,694.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (USD mn) 16,954.8 2023 yearly 2002 - 2023
North Macedonia (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Malawi (USD mn) -1,752.1 2021 yearly 1977 - 2021
Malaysia (USD mn) 489.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Malta (USD mn) 437.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Mauritius (USD mn) -183.0 Sep 2023 quarterly Mar 2017 - Sep 2023
Mexico (USD mn) -14,282.0 Mar 2023 quarterly Mar 1980 - Mar 2023
Moldova (USD mn) -697.9 Jun 2024 quarterly Mar 1994 - Jun 2024
Mongolia (USD mn) -524.3 Sep 2024 monthly Jan 2009 - Sep 2024
Montenegro (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Morocco (USD mn) -1,332.0 Jun 2024 quarterly Mar 2014 - Jun 2024
Mozambique (USD mn) -603.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Myanmar (USD mn) 295.8 Mar 2024 quarterly Mar 1976 - Mar 2024
Nepal (USD mn) 833.9 Oct 2024 quarterly Oct 2000 - Oct 2024
Netherlands (USD mn) 27,762.5 Mar 2023 quarterly Mar 1967 - Mar 2023
New Zealand (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Nigeria (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Norway (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Oman (USD mn) 2,637.2 2023 yearly 1974 - 2023
Pakistan (USD mn) -98.0 Sep 2024 quarterly Mar 1976 - Sep 2024
Palestinian Territory (USD mn) -801.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Paraguay (USD mn) 37.7 Jun 2024 quarterly Mar 2008 - Jun 2024
Peru (USD mn) 1,870.1 Sep 2024 quarterly Mar 1977 - Sep 2024
Philippines (USD mn) -2,198.3 Sep 2024 monthly Jan 1999 - Sep 2024
Poland (USD mn) 1,159.0 Oct 2024 monthly Jan 2000 - Oct 2024
Portugal (USD mn) 822.3 Sep 2024 monthly Jan 1996 - Sep 2024
Qatar (USD mn) 11,023.4 Jun 2024 quarterly Mar 2011 - Jun 2024
Romania (USD mn) -3,580.1 Oct 2024 monthly Jun 2002 - Oct 2024
Russia (USD mn) 3,200.0 Nov 2024 monthly Jan 2012 - Nov 2024
Saudi Arabia (USD mn) 4,324.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Serbia (USD mn) -1,026.8 Sep 2024 monthly Jan 2013 - Sep 2024
Singapore (USD mn) 25,888.7 Sep 2024 quarterly Mar 1986 - Sep 2024
Slovakia (USD mn) -392.6 Sep 2024 monthly Jan 1997 - Sep 2024
Slovenia (USD mn) 359.8 Apr 2023 monthly Jan 1994 - Apr 2023
South Africa (USD mn) -932.5 Mar 2023 quarterly Mar 1960 - Mar 2023
Spain (USD mn) 4,556.0 Sep 2024 monthly Jan 1990 - Sep 2024
Sri Lanka (USD mn) 414.9 Jun 2024 quarterly Mar 1977 - Jun 2024
Sudan (USD mn) -1,752.8 Dec 2022 quarterly Mar 1977 - Dec 2022
Sweden (USD mn) 9,050.5 Sep 2024 quarterly Mar 1975 - Sep 2024
Switzerland (USD mn) 17,338.7 Mar 2023 quarterly Mar 1983 - Mar 2023

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Malawi Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Consolidated Fiscal Balance (USD mn) -108.094 Aug 2024 monthly Oct 2005 - Aug 2024
Tax Revenue (USD mn) 1,677.860 2022 yearly 2009 - 2022
Tax Revenue: % of GDP (%) 12.8 2022 yearly 2009 - 2022
National Government Debt (USD mn) 2,620.0 2014 yearly 2010 - 2014
Government Debt: % of GDP (%) 66.0 2014 yearly 2010 - 2014
Forecast: Government Expenditure (MWK bn) 8,041.529 2029 yearly 2002 - 2029
Forecast: Government Net Debt (MWK bn) 23,726.151 2029 yearly 2002 - 2029
Forecast: Government Revenue (MWK bn) 7,547.370 2029 yearly 2002 - 2029
Central Government: Revenue and Grants (MWK bn) 329.700 Aug 2024 monthly Oct 2005 - Aug 2024
Central Government: Net Financing (MWK bn) 109.900 Jul 2024 monthly Oct 2005 - Jul 2024
Central Government: Expenditure (MWK bn) 518.900 Aug 2024 monthly Oct 2005 - Aug 2024
Central Government: Revenue and Grants: Revenue (MWK bn) 223.300 Aug 2024 monthly Oct 2005 - Aug 2024
Central Government: Deficit or Surplus (MWK bn) -189.200 Aug 2024 monthly Oct 2005 - Aug 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.545 2028 yearly 1980 - 2028
Trade Balance (USD mn) -194.6 Mar 2024 monthly Jan 1964 - Mar 2024
Total Exports (USD mn) 41.1 Mar 2024 monthly Jan 1994 - Mar 2024
Total Exports Growth (%) 21.8 Mar 2024 monthly Jan 1995 - Mar 2024
Aluminum: Exports (USD th) 632.702 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 17.600 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 61.064 2023 yearly 1995 - 2023
Total Imports (USD mn) 235.7 Mar 2024 monthly Jan 1994 - Mar 2024
Total Imports Growth (%) 66.9 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Medicament (USD th) 95,047.621 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 95,349.643 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 0.809 Aug 2024 monthly Dec 1984 - Aug 2024
Total Imports from USA (USD mn) 2.943 Aug 2024 monthly Jul 1987 - Aug 2024
Total Exports to China (USD mn) 0.093 Aug 2024 monthly Jan 2008 - Aug 2024
Total Imports from China (USD mn) 38.396 Aug 2024 monthly Feb 1999 - Aug 2024
Foreign Trade: Imports (MWK mn) 404,130.300 Mar 2024 monthly Jan 1994 - Mar 2024
Foreign Trade Balance (MWK mn) -333,702.200 Mar 2024 monthly Jan 1994 - Mar 2024
Foreign Trade: Re-Exports (MWK mn) 480.500 Mar 2024 monthly Jan 1994 - Mar 2024
Foreign Trade: Exports (MWK mn) 70,428.100 Mar 2024 monthly Jan 1994 - Mar 2024
Export Volume Index (2015=100) 89.753 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 122.732 2021 yearly 1980 - 2021
Export Value Index (2015=100) 93.195 2021 yearly 1980 - 2021
Import Value Index (2015=100) 140.916 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -122.4 2021 yearly 2003 - 2021
Current Account Balance (USD mn) -1,752.1 2021 yearly 1977 - 2021
Current Account Balance: % of GDP (%) -14.2 2021 yearly 1977 - 2021
Foreign Direct Investment (USD mn) 46.4 2021 yearly 1970 - 2021
Foreign Direct Investment: % of GDP (%) 0.4 2021 yearly 1970 - 2021
Foreign Portfolio Investment (USD mn) -146.374 2021 yearly 2003 - 2021
Foreign Portfolio Investment: % of GDP (%) -1.2 2021 yearly 2003 - 2021
Foreign Portfolio Investment: Equity Securities (USD mn) -0.0 2021 yearly 2003 - 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 2.597 2023 yearly 2003 - 2023
External Debt (MWK mn) 2,812,733.5 2021 yearly 1984 - 2021
External Debt: % of GDP (%) 60.1 2021 yearly 2006 - 2021
External Debt: Short Term (USD mn) 90.7 2022 yearly 1970 - 2022
External Debt: Short Term: % of GDP (%) 0.6 2019 yearly 2002 - 2019
Forecast: Current Account Balance (USD bn) -1.425 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -6,956.681 2022 yearly 2002 - 2022
BoP: Current and Capital Account (MWK mn) -99,300.000 2012 yearly 2003 - 2012
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.3 Jun 2024 quarterly Dec 2003 - Jun 2024
Household Debt: % of GDP (%) 0.3 2011 yearly 2006 - 2011
Non-Performing Loans (USD mn) 48.423 Dec 2023 quarterly Jun 2015 - Dec 2023
Money Supply M1 (USD mn) 1,005.072 Apr 2021 monthly Jan 1975 - Apr 2021
Money Supply M2 (USD mn) 2,740.293 Aug 2024 monthly Jan 1975 - Aug 2024
M2 Growth (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Reserve Requirement Ratio (%) 10.0 Oct 2024 monthly Jan 2019 - Oct 2024
Foreign Exchange Reserves (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Foreign Exchange Reserves: % of GDP (%) 7.753 2019 yearly 2002 - 2019
Foreign Exchange Reserves: Months of Import (NA) 1.7 Oct 2021 monthly Jan 1994 - Oct 2021
Gold Reserves (USD mn) 22.783 Nov 2015 monthly Jan 1972 - Nov 2015
Total Deposits (USD mn) 234.254 Aug 2024 monthly Feb 2005 - Aug 2024
Total Deposits Growth (%) 66.5 Aug 2024 monthly Feb 2006 - Aug 2024
Domestic Credit (USD mn) 3,880.8 Aug 2024 monthly Jan 1975 - Aug 2024
Domestic Credit Growth (%) 53.0 Aug 2024 monthly Jan 1976 - Aug 2024
Household Debt (USD mn) 17.7 Dec 2011 monthly Jan 2006 - Dec 2011
Private Debt: % of Nominal GDP (%) 8.35 2022 yearly 2017 - 2022
Monetary Aggregates: M1 (MWK bn) 796.100 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Aggregates: M2 (MWK bn) 4,751.700 Aug 2024 monthly Jan 1975 - Aug 2024
Monetary Aggregates: Quasi Money (MWK bn) 848.900 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Survey: Net Domestic Assets: Domestic Credit (MWK bn) 6,729.300 Aug 2024 monthly Jan 1975 - Aug 2024
Monetary Survey: Official Foreign Reserves (MWK mn) 400,770.800 Dec 2022 monthly Jan 1975 - Dec 2022
Bank Deposits (MWK bn) 406.200 Aug 2024 monthly Feb 2005 - Aug 2024

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