Annual GDP growth in Malawi

Malawi: Annual GDP growth was 1.9% in 2023. β—† Volatile

Latest (2023)
1.9%
Change on year
up 105.4%
World rank
137th
of 211 countries
All-time high
9.6%
in 2007
All-time low
-5.0%
in 2001
Years of data
24
2000–2023

Annual GDP growth in Malawi, 2000–2023

-505102000201120232000: 1.6 %2001: -5 %2002: 1.7 %2003: 5.7 %2004: 5.4 %2005: 3.3 %2006: 4.7 %2007: 9.6 %2008: 7.6 %2009: 8.3 %2010: 6.9 %2011: 4.9 %2012: 1.9 %2013: 5.4 %2014: 5.6 %2015: 2.8 %2016: 2.5 %2017: 4 %2018: 4.3 %2019: 5.7 %2020: 0.79 %2021: 4.6 %2022: 0.92 %2023: 1.9 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

In 2023, annual gdp growth in Malawi stood at 1.9%.

That represents a change of up 105.4% on the previous year and down 65.1% over ten years.

Over the whole period, annual gdp growth in Malawi peaked at 9.6% in 2007 and was at its lowest, -5.0%, in 2001.

Malawi ranks 137th of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.3% -5.0% 9.6% 10
2010s 4.4% 1.9% 6.9% 10
2020s 2.0% 0.8% 4.6% 4

Countries ranked near Malawi

  1. 134 North Macedonia 2.1% compare
  2. 135 Nepal 1.9% compare
  3. 136 Congo 1.9% compare
  4. 137 Bulgaria 1.9% compare
  5. 137 Thailand 1.9% compare
  6. 140 Palau 1.9% compare

See the full ranking of 211 places β†’

More economy & growth data for Malawi

All data for Malawi β†’

Frequently asked questions

What is annual gdp growth in Malawi?
Annual gdp growth in Malawi was 1.9% in 2023, according to World Bank – processed by Our World in Data.
What is the highest annual gdp growth recorded in Malawi?
The highest recorded value was 9.6% in 2007.
What is the lowest annual gdp growth recorded in Malawi?
The lowest recorded value was -5.0% in 2001.
How does Malawi rank for annual gdp growth?
Malawi ranks 137th out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Malawi?
Over the last ten years it is down 65.1%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)