Malawi Current Account Balance

1977 - 2023 | Yearly | USD mn | CEIC Data

Key information about Malawi Current Account Balance

  • Malawi Current Account recorded a deficit of 2.3 USD bn in Dec 2023, compared with a deficit of 2.2 USD bn in the previous year.
  • Malawi Current Account Balance: USD mn data is updated yearly, available from Dec 1977 to Dec 2023, with an averaged value of -73.5 USD mn.
  • The data reached an all-time high of -4.4 USD mn in Dec 1998 and a record low of -2.3 USD bn in Dec 2023.
  • 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 2023 in the chart:

Malawi Current Account Balance

What was Malawi's Current Account Balance in 2023?

Malawi Current Account recorded a deficit of 2.3 USD bn in Dec 2023, compared with a deficit of 2.2 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2,276.0 2023 -2,217.4 2022 -2,276.0 2023 -4.4 1998 USD mn yearly 1977 - 2023

Current Account Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -298.3 Jun 2025 quarterly Mar 1993 - Jun 2025
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) -3,015.7 Jun 2025 quarterly Mar 1976 - Jun 2025
Armenia (USD mn) -478.7 Jun 2025 quarterly Mar 1993 - Jun 2025
Australia (USD mn) -8,752.7 Jun 2025 quarterly Sep 1959 - Jun 2025
Austria (USD mn) -2,343.9 Jun 2025 quarterly Mar 1970 - Jun 2025
Azerbaijan (USD mn) 1,174.5 Jun 2025 quarterly Mar 2013 - Jun 2025
Bahrain (USD mn) 459.7 Jun 2025 quarterly Mar 2018 - Jun 2025
Bangladesh (USD mn) 241.6 Aug 2025 monthly Jul 1997 - Aug 2025
Belarus (USD mn) 13.2 Jun 2025 quarterly Mar 1996 - Jun 2025
Belgium (USD mn) -1,678.2 Jun 2025 monthly Jan 1995 - Jun 2025
Bolivia (USD mn) -5.9 Jun 2025 quarterly Mar 1988 - Jun 2025
Bosnia and Herzegovina (USD mn) -221.9 Jun 2025 quarterly Mar 2001 - Jun 2025
Botswana (USD mn) 495.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Brazil (USD mn) -5,121.0 Oct 2025 monthly Jan 1995 - Oct 2025
Brunei (USD mn) 543.6 Dec 2024 quarterly Mar 2001 - Dec 2024
Bulgaria (USD mn) -930.8 Sep 2025 monthly Jan 1996 - Sep 2025
Cambodia (USD mn) -67.5 Jun 2025 quarterly Mar 1994 - Jun 2025
Canada (USD mn) -7,027.7 Sep 2025 quarterly Mar 1957 - Sep 2025
Chile (USD mn) -4,598.6 Sep 2025 quarterly Mar 2003 - Sep 2025
China (USD mn) 195,600.0 Sep 2025 quarterly Mar 1998 - Sep 2025
Colombia (USD mn) -2,594.9 Jun 2025 quarterly Mar 1996 - Jun 2025
Croatia (USD mn) -1,465.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) -292.0 Jun 2025 quarterly Mar 2001 - Jun 2025
Czech Republic (USD mn) 1,414.6 Sep 2025 monthly Jan 2003 - Sep 2025
Denmark (USD mn) 6,659.1 Sep 2025 monthly Jan 2005 - Sep 2025
Ecuador (USD mn) 2,686.2 Jun 2025 quarterly Mar 1993 - Jun 2025
Egypt (USD mn) -2,190.4 Jun 2025 quarterly Dec 1993 - Jun 2025
Estonia (USD mn) -92.0 Sep 2025 monthly Jan 1999 - Sep 2025
European Union (USD mn) 149,636.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Finland (USD mn) 58.7 Sep 2025 monthly Jan 1980 - Sep 2025
France (USD mn) -1,895.8 Sep 2025 monthly Jan 1999 - Sep 2025
Georgia (USD mn) -272.8 Jun 2025 quarterly Mar 1995 - Jun 2025
Germany (USD mn) 17,362.0 Sep 2025 monthly Jan 1991 - Sep 2025
Ghana (USD mn) 1,120.0 Jun 2025 quarterly Mar 2003 - Jun 2025
Greece (USD mn) -479.9 Sep 2025 monthly Jan 2000 - Sep 2025
Hong Kong SAR, China (USD mn) 12,276.2 Jun 2025 quarterly Mar 1999 - Jun 2025
Hungary (USD mn) 1,554.8 Jun 2025 quarterly Dec 1989 - Jun 2025
Iceland (USD mn) -644.2 Jun 2025 quarterly Mar 1976 - Jun 2025
India (USD mn) -2,351.4 Jun 2025 quarterly Jun 1949 - Jun 2025
Indonesia (USD mn) 4,047.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Iran (USD mn) 13,232.0 2025 yearly 1997 - 2025
Ireland (USD mn) 22,116.2 Jun 2025 quarterly Mar 1981 - Jun 2025
Israel (USD mn) 579.0 Jun 2025 quarterly Mar 1992 - Jun 2025
Italy (USD mn) 4,005.0 Sep 2025 monthly Jan 1970 - Sep 2025
Ivory Coast (USD mn) -3,523.6 2024 yearly 1975 - 2024
Japan (USD mn) 29,402.7 Sep 2025 monthly Jan 1996 - Sep 2025
Jordan (USD mn) -859.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Kazakhstan (USD mn) -3,111.8 Sep 2025 quarterly Dec 1997 - Sep 2025
Kenya (USD mn) -124.0 Jun 2025 monthly Jan 2002 - Jun 2025
South Korea (USD mn) 7,647.0 Sep 2025 monthly Jan 1980 - Sep 2025
Kosovo (USD mn) -523.6 Jun 2025 quarterly Mar 2009 - Jun 2025
Kuwait (USD mn) 8,094.0 Jun 2025 quarterly Mar 2012 - Jun 2025
Kyrgyzstan (USD mn) -1,813.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Laos (USD mn) 309.1 Sep 2025 quarterly Mar 1994 - Sep 2025
Latvia (USD mn) -209.0 Sep 2025 monthly Jan 2000 - Sep 2025
Lebanon (USD mn) 46.3 Dec 2024 monthly Jan 2002 - Dec 2024
Lithuania (USD mn) 413.6 Sep 2025 monthly Jan 2001 - Sep 2025
Luxembourg (USD mn) 823.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (USD mn) 17,952.3 2024 yearly 2002 - 2024
North Macedonia (USD mn) 37.6 Sep 2025 monthly Jan 2001 - Sep 2025
Malawi (USD mn) -2,276.0 2023 yearly 1977 - 2023
Malaysia (USD mn) 2,897.9 Sep 2025 quarterly Mar 1999 - Sep 2025
Malta (USD mn) 586.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Mauritius (USD mn) -330.0 Jun 2025 quarterly Mar 2017 - Jun 2025
Mexico (USD mn) 2,325.0 Sep 2025 quarterly Mar 1980 - Sep 2025
Moldova (USD mn) -1,005.9 Jun 2025 quarterly Mar 1994 - Jun 2025
Mongolia (USD mn) 149.9 Oct 2025 monthly Jan 2009 - Oct 2025
Montenegro (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Morocco (USD mn) -2,119.1 Jun 2025 quarterly Mar 2014 - Jun 2025
Mozambique (USD mn) -756.8 Jun 2025 quarterly Mar 1996 - Jun 2025
Myanmar (USD mn) 1,044.4 Mar 2025 quarterly Mar 1976 - Mar 2025
Nepal (USD mn) 1,453.6 Jul 2025 quarterly Oct 2000 - Jul 2025
Netherlands (USD mn) 15,020.9 Jun 2025 quarterly Mar 1967 - Jun 2025
New Zealand (USD mn) -2,045.3 Jun 2025 quarterly Jun 1971 - Jun 2025
Nigeria (USD mn) 3,726.7 Mar 2025 quarterly Mar 2014 - Mar 2025
Norway (USD mn) 21,146.8 Jun 2025 quarterly Mar 1981 - Jun 2025
Oman (USD mn) 3,068.7 2024 yearly 1974 - 2024
Pakistan (USD mn) -621.0 Sep 2025 quarterly Mar 1976 - Sep 2025
Palestinian Territory (USD mn) -665.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Panama (USD mn) 522.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Paraguay (USD mn) -675.3 Jun 2025 quarterly Mar 2008 - Jun 2025
Peru (USD mn) 2,455.1 Sep 2025 quarterly Mar 1977 - Sep 2025
Philippines (USD mn) -1,678.8 Jun 2025 monthly Jan 1999 - Jun 2025
Poland (USD mn) -847.0 Sep 2025 monthly Jan 2000 - Sep 2025
Portugal (USD mn) 261.0 Sep 2025 monthly Jan 1996 - Sep 2025
Qatar (USD mn) 7,484.3 Jun 2025 quarterly Mar 2011 - Jun 2025
Romania (USD mn) -3,670.8 Sep 2025 monthly Jun 2002 - Sep 2025
Russia (USD mn) 8,100.0 Sep 2025 monthly Jan 2012 - Sep 2025
Saudi Arabia (USD mn) -14,396.8 Jun 2025 quarterly Mar 2006 - Jun 2025
Serbia (USD mn) -396.2 Sep 2025 monthly Jan 2013 - Sep 2025
Singapore (USD mn) 26,008.1 Sep 2025 quarterly Mar 1986 - Sep 2025
Slovakia (USD mn) 124.6 Sep 2025 monthly Jan 1997 - Sep 2025
Slovenia (USD mn) 521.5 Sep 2025 monthly Jan 1994 - Sep 2025
South Africa (USD mn) -1,131.9 Jun 2025 quarterly Mar 1960 - Jun 2025
Spain (USD mn) 2,198.7 Sep 2025 monthly Jan 1990 - Sep 2025
Sri Lanka (USD mn) 500.6 Jun 2025 quarterly Mar 1977 - Jun 2025
Sudan (USD mn) -1,008.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Sweden (USD mn) 8,747.5 Jun 2025 quarterly Mar 1975 - Jun 2025
Switzerland (USD mn) 12,320.4 Jun 2025 quarterly Mar 1983 - Jun 2025

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Malawi Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 Sep 2025 monthly Apr 2005 - Sep 2025
Consolidated Fiscal Balance (USD mn) -187.076 Sep 2025 monthly Oct 2005 - Sep 2025
Tax Revenue (USD mn) 1,677.860 2022 yearly 2009 - 2022
Tax Revenue: % of GDP (%) 13.5 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) 18,587.472 2030 yearly 2002 - 2030
Forecast: Government Net Debt (MWK bn) 52,033.349 2030 yearly 2002 - 2030
Forecast: Government Revenue (MWK bn) 10,889.039 2030 yearly 2002 - 2030
Central Government: Revenue and Grants (MWK bn) 515.600 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Net Financing (MWK bn) 209.600 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Expenditure (MWK bn) 522.300 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Revenue and Grants: Revenue (MWK bn) 434.400 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Deficit or Surplus (MWK bn) -6.700 Jan 2025 monthly Oct 2005 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.545 2028 yearly 1980 - 2028
Trade Balance (USD mn) -173.1 Jul 2025 monthly Jan 1964 - Jul 2025
Total Exports (USD mn) 117.0 Jul 2025 monthly Jan 1994 - Jul 2025
Total Exports Growth (%) 40.9 Jul 2025 monthly Jan 1995 - Jul 2025
Aluminum: Exports (USD th) 60.077 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 222.975 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 34.498 2024 yearly 1995 - 2024
Total Imports (USD mn) 290.1 Jul 2025 monthly Jan 1994 - Jul 2025
Total Imports Growth (%) -3.1 Jul 2025 monthly Jan 1995 - Jul 2025
Imports: Medicament (USD th) 105,095.742 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 79,592.082 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1.390 Jul 2025 monthly Dec 1984 - Jul 2025
Total Imports from USA (USD mn) 2.293 Jul 2025 monthly Jul 1987 - Jul 2025
Total Exports to China (USD mn) 0.111 Jul 2025 monthly Jan 2008 - Jul 2025
Total Imports from China (USD mn) 35.873 Jul 2025 monthly Feb 1999 - Jul 2025
Foreign Trade: Imports (MWK mn) 526,730.649 Nov 2024 monthly Jan 1994 - Nov 2024
Foreign Trade Balance (MWK mn) -266,219.080 Nov 2024 monthly Jan 1994 - Nov 2024
Foreign Trade: Re-Exports (MWK mn) 10,682.068 Nov 2024 monthly Jan 1994 - Nov 2024
Foreign Trade: Exports (MWK mn) 261,073.377 Nov 2024 monthly Jan 1994 - Nov 2024
Export Value Index (2015=100) 93.195 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 89.753 2021 yearly 1980 - 2021
Import Value Index (2015=100) 140.916 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 122.732 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) -2,276.0 2023 yearly 1977 - 2023
Current Account Balance: % of GDP (%) -17.0 2023 yearly 1977 - 2023
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) 2.868 2024 yearly 2003 - 2024
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) 13.8 2023 yearly 1970 - 2023
External Debt: Short Term: % of GDP (%) 0.6 2019 yearly 2002 - 2019
Forecast: Current Account Balance (USD bn) -2.007 2030 yearly 1980 - 2030
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 (%) 9.4 Dec 2024 quarterly Dec 2003 - Dec 2024
Household Debt: % of GDP (%) 0.3 2011 yearly 2006 - 2011
Non-Performing Loans (USD mn) 83.604 Sep 2024 quarterly Jun 2015 - Sep 2024
Money Supply M1 (USD mn) 1,005.072 Apr 2021 monthly Jan 1975 - Apr 2021
Money Supply M2 (USD mn) 4,277.595 Sep 2025 monthly Jan 1975 - Sep 2025
M2 Growth (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Reserve Requirement Ratio (%) 10.0 Nov 2025 monthly Jan 2019 - Nov 2025
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) 438.636 Sep 2025 monthly Feb 2005 - Sep 2025
Total Deposits Growth (%) 84.9 Sep 2025 monthly Feb 2006 - Sep 2025
Domestic Credit (USD mn) 6,092.9 Sep 2025 monthly Jan 1975 - Sep 2025
Domestic Credit Growth (%) 53.1 Sep 2025 monthly Jan 1976 - Sep 2025
Household Debt (USD mn) 17.7 Dec 2011 monthly Jan 2006 - Dec 2011
Private Debt: % of Nominal GDP (%) 7.49 2023 yearly 2017 - 2023
Monetary Aggregates: M2 (MWK bn) 5,370.000 Jan 2025 monthly Jan 1975 - Jan 2025
Monetary Aggregates: M1 (MWK bn) 796.100 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Aggregates: Quasi Money (MWK bn) 848.900 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Survey: Net Domestic Assets: Domestic Credit (MWK bn) 7,805.500 Jan 2025 monthly Jan 1975 - Jan 2025
Monetary Survey: Official Foreign Reserves (MWK mn) 400,770.800 Dec 2022 monthly Jan 1975 - Dec 2022
Bank Deposits (MWK bn) 616.400 Jan 2025 monthly Feb 2005 - Jan 2025

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