Financial and insurance activities (banking), value added in Malawi
Malawi: Financial and insurance activities (banking), value added was 43.30 million current LCU in 1978. ◆ Volatile
Financial and insurance activities (banking), value added in Malawi, 1965–1978
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Malawi recorded 43.30 million current LCU for financial and insurance activities (banking), value added in 1978. That is the highest value across all 14 years on record.
That represents a change of up 28.9% on the previous year and up 283.2% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Malawi peaked at 43.30 million current LCU in 1978 and was at its lowest, 8.70 million current LCU, in 1965.
That places Malawi 31st out of 36 countries with data for 1978, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Malawi, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 8.70 million current LCU | — |
| 1966 | 9.20 million current LCU | +5.7% |
| 1967 | 9.10 million current LCU | -1.1% |
| 1968 | 11.30 million current LCU | +24.2% |
| 1969 | 11.30 million current LCU | +0.0% |
| 1970 | 12.80 million current LCU | +13.3% |
| 1971 | 12.90 million current LCU | +0.8% |
| 1972 | 16.50 million current LCU | +27.9% |
| 1973 | 14.40 million current LCU | -12.7% |
| 1974 | 21.10 million current LCU | +46.5% |
| 1975 | 24.60 million current LCU | +16.6% |
| 1976 | 27.90 million current LCU | +13.4% |
| 1977 | 33.60 million current LCU | +20.4% |
| 1978 | 43.30 million current LCU | +28.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.92 million current LCU | 8.70 million current LCU | 11.30 million current LCU | 5 |
| 1970s | 23.01 million current LCU | 12.80 million current LCU | 43.30 million current LCU | 9 |
Countries ranked near Malawi
- 28 Eritrea 1.05 billion current LCU
- 29 Eswatini 690.00 million current LCU compare
- 30 Seychelles 595.32 million current LCU
- 32 Congo, Democratic Republic of the 0.0961 current LCU
- 33 Chad 0 current LCU
- 33 Guinea 0 current LCU
- 33 Mauritania 0 current LCU
- 33 Uganda 0 current LCU 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)
- GNI, Atlas method (current US$), annual growth rate 8.71 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8979 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 602.96 current US$ per person (2025)
- GNI (current US$), annual growth rate 32.63 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9892 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 664.23 current US$ per person (2025)
- GNI (current LCU), annual growth rate 33.58 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,732 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Malawi?
- Financial and insurance activities (banking), value added in Malawi was 43.30 million current LCU in 1978, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Malawi?
- The highest recorded value was 43.30 million current LCU in 1978.
- What is the lowest financial and insurance activities (banking), value added recorded in Malawi?
- The lowest recorded value was 8.70 million current LCU in 1965.
- How does Malawi rank for financial and insurance activities (banking), value added?
- Malawi ranks 31st out of 36 countries with data for 1978.
- Is financial and insurance activities (banking), value added rising or falling in Malawi?
- Over the last ten years it is up 283.2%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current local currency.