Services, Added Value (USD) fell 12.6% to USD 2.80 bil in Malawi in 2016

Services, Added Value (USD) (USD bil)
Economy | Malawi | February 1, 2019
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Added value in services reached 2.80 USD bil in 2016 in Malawi, according to the National Statistical Office. This is 12.6 % less than in the previous year.

Historically, added value in services in Malawi reached an all time high of 3.20 USD bil in 2015 and an all time low of 0.062 USD bil in 1960. When compared to Malawi's main peers, added value in services in Mozambique amounted to 5.37 USD bil, 180 USD bil in South Africa and 18.2 USD bil in Tanzania in 2016.

Malawi has been ranked 117th within the group of 131 countries we follow in terms of added value in services, 25 places above the position seen 10 years ago.

Services often refers to economic activity where the buyer does not generally obtain exclusive ownership of the thing purchased.

Services, Added Value (USD) Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016
Angola USD bil 24.9 29.8 35.8 39.9 ... ... ...
Botswana USD bil 7.03 8.01 8.20 8.17 8.49 ...
Dem. Republic of the Congo USD bil 8.73 9.96 11.1 12.4 13.3
Kenya USD bil 18.3 18.7 22.6 24.9 27.9
Lesotho USD bil 1.16 1.29 1.23 1.40 1.39 ...
Malawi USD bil 2.54 2.62 1.97 1.84 3.02
Mozambique USD bil 4.79 6.22 7.09 7.35 8.36
Namibia USD bil 6.32 7.00 7.15 7.36 7.25 ...
South Africa USD bil 229 253 243 223 214
Swaziland USD bil 1.18 1.39 2.28 2.22 2.21 ...
Tanzania USD bil 13.5 14.0 15.9 17.6 19.7
Uganda USD bil 10.5 10.2 12.4 13.3 13.7
Zambia USD bil 10.3 12.1 13.0 14.3 14.5 ...
Zimbabwe USD bil 4.37 5.01 5.78 6.47 8.71