Direct economic loss attributed to disasters in Malawi

Malawi: Direct economic loss attributed to disasters was 9.66 million current united states dollars in 2020. β—† Volatile

Latest (2020)
9.66 million current united states dollars
Change on year
down 87.7%
World rank
63rd
of 126 countries
All-time high
273.77 million current united states dollars
in 2015
All-time low
2.86 million current united states dollars
in 2007
Years of data
15
2005–2020

Direct economic loss attributed to disasters in Malawi, 2005–2020

0100.0M200.0M300.0M2005201220202005: 86.3M current united states dollars2006: 37.9M current united states dollars2007: 2.9M current united states dollars2008: 4.6M current united states dollars2009: 49.5M current united states dollars2011: 65.6M current united states dollars2012: 21.2M current united states dollars2013: 10.5M current united states dollars2014: 6.4M current united states dollars2015: 273.8M current united states dollars2016: 45.6M current united states dollars2017: 69.2M current united states dollars2018: 120.4M current united states dollars2019: 78.5M current united states dollars2020: 9.7M current united states dollars

Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.

Analysis

The most recent figure for direct economic loss attributed to disasters in Malawi is 9.66 million current united states dollars, measured in 2020.

That represents a change of down 87.7% on the previous year and down 80.5% over ten years.

Over the whole period, direct economic loss attributed to disasters 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 63rd out of 126 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 60 Finland 12.21 million current united states dollars compare
  2. 61 Sierra Leone 11.08 million current united states dollars compare
  3. 62 Laos 10.54 million current united states dollars compare
  4. 64 Tanzania 8.96 million current united states dollars compare
  5. 65 Equatorial Guinea 8.16 million current united states dollars compare
  6. 66 El Salvador 7.90 million current united states dollars compare

See the full ranking of 126 places β†’

More economy & growth data for Malawi

All data for Malawi β†’

Frequently asked questions

What is direct economic loss attributed to disasters in Malawi?
Direct economic loss attributed to disasters 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 economic loss attributed to disasters recorded in Malawi?
The highest recorded value was 273.77 million current united states dollars in 2015.
What is the lowest direct economic loss attributed to disasters recorded in Malawi?
The lowest recorded value was 2.86 million current united states dollars in 2007.
How does Malawi rank for direct economic loss attributed to disasters?
Malawi ranks 63rd out of 126 countries with data for 2020.
Is direct economic loss attributed to disasters 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 economic loss attributed to disasters. Statizoid updates them automatically from the source API.

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About this data

Indicator
Direct economic loss attributed to disasters
Unit
current united states dollars
Source
UN Office for Disaster Risk Reduction – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
126 places, 1,621 data points, 2005–2024
Last refreshed

Direct economic loss attributed to disasters (current United States dollars)