Goods and Services: Debit for Malawi
MWIBMGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.52
Year-over-Year Change
-2.47%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Debit for Malawi' economic trend measures the value of imports of goods and services by Malawi as a percentage of its gross domestic product (GDP). This metric is important for understanding Malawi's trade balance and economic openness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents Malawi's imports of goods and services as a percentage of its GDP. It provides insight into the country's trade position and its integration with the global economy. Economists and policymakers use this data to analyze Malawi's trade patterns and evaluate the impact of trade policies.
Methodology
The data is collected and calculated by the World Bank based on national accounts and balance of payments information.
Historical Context
This trend is relevant for assessing Malawi's macroeconomic performance and its engagement with international markets.
Key Facts
- Malawi's imports of goods and services were 31.7% of GDP in 2020.
- Imports have increased from 25.6% of GDP in 2000 to 31.7% in 2020.
- Malawi has a trade deficit, with imports exceeding exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of Malawi's imports of goods and services as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Malawi's trade position and integration with the global economy, which is important for analyzing the country's macroeconomic performance and evaluating the impact of trade policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and balance of payments information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess Malawi's trade patterns and the country's engagement with international markets, which informs policy decisions related to trade, exchange rates, and economic development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to two years in the most recent information being available.
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Citation
U.S. Federal Reserve, Goods and Services: Debit for Malawi (MWIBMGSBP6GDPPT), retrieved from FRED.