Direct disaster economic loss in Malawi
Malawi: Direct disaster economic loss was 9.66 million current united states dollars in 2020. ◆ Volatile
Direct disaster economic loss in Malawi, 2005–2020
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
Malawi recorded 9.66 million current united states dollars for direct disaster economic loss in 2020.
Compared with earlier readings it is down 87.7% on the previous year and down 80.5% over ten years.
Over the whole period, direct disaster economic loss in Malawi peaked at 273.77 million current united states dollars in 2015 and was at its lowest, 2.86 million current united states dollars, in 2007.
That places Malawi 77th out of 130 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct disaster economic loss in Malawi, year by year
| Year | current united states dollars | Change |
|---|---|---|
| 2005 | 86.29 million current united states dollars | — |
| 2006 | 37.86 million current united states dollars | -56.1% |
| 2007 | 2.86 million current united states dollars | -92.4% |
| 2008 | 4.62 million current united states dollars | +61.3% |
| 2009 | 49.47 million current united states dollars | +971.7% |
| 2011 | 65.62 million current united states dollars | +32.6% |
| 2012 | 21.22 million current united states dollars | -67.7% |
| 2013 | 10.54 million current united states dollars | -50.3% |
| 2014 | 6.38 million current united states dollars | -39.5% |
| 2015 | 273.77 million current united states dollars | +4189.4% |
| 2016 | 45.61 million current united states dollars | -83.3% |
| 2017 | 69.25 million current united states dollars | +51.8% |
| 2018 | 120.43 million current united states dollars | +73.9% |
| 2019 | 78.50 million current united states dollars | -34.8% |
| 2020 | 9.66 million current united states dollars | -87.7% |
Malawi compared with similar countries
- Malawi's 9.66 million current united states dollars is below the median for low income countries, which is 103.48 million current united states dollars, 9% of the median. (16 countries reporting)
- Malawi's 9.66 million current united states dollars is below the median for Sub-Saharan Africa, which is 26.67 million current united states dollars, 36% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Direct disaster economic loss in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +4189.4% | 6.38 million current united states dollars | 273.77 million current united states dollars |
| 2009 | +971.7% | 4.62 million current united states dollars | 49.47 million current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.22 million current united states dollars | 2.86 million current united states dollars | 86.29 million current united states dollars | 5 |
| 2010s | 76.81 million current united states dollars | 6.38 million current united states dollars | 273.77 million current united states dollars | 9 |
| 2020s | 9.66 million current united states dollars | 9.66 million current united states dollars | 9.66 million current united states dollars | 1 |
Countries ranked near Malawi
- 74 Mauritius 10.23 million current united states dollars compare
- 75 Cote d'Ivoire 9.81 million current united states dollars compare
- 76 Sri Lanka 9.68 million current united states dollars compare
- 78 Serbia 8.82 million current united states dollars compare
- 79 Tonga 8.58 million current united states dollars compare
- 80 Niger 8.51 million current united states dollars compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 56.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.61 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 257.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 20.57 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0228 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 11.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is direct disaster economic loss in Malawi?
- Direct disaster economic loss in Malawi was 9.66 million current united states dollars in 2020, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Malawi?
- The highest recorded value was 273.77 million current united states dollars in 2015.
- What is the lowest direct disaster economic loss recorded in Malawi?
- The lowest recorded value was 2.86 million current united states dollars in 2007.
- How does Malawi rank for direct disaster economic loss?
- Malawi ranks 77th out of 130 countries with data for 2020.
- Is direct disaster economic loss rising or falling in Malawi?
- Over the last ten years it is down 80.5%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
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About this data
Direct economic loss attributed to disasters (current United States dollars).