Financial and insurance activities (banking), value added in Malawi
Malawi: Financial and insurance activities (banking), value added was 51.32 million current US$ in 1978. β Volatile
Financial and insurance activities (banking), value added in Malawi, 1965β1978
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 1978, financial and insurance activities (banking), value added in Malawi stood at 51.32 million current US$. That is the highest value across all 14 years on record.
The figure is up 37.9% on the previous year and up 278.5% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Malawi peaked at 51.32 million current US$ in 1978 and was at its lowest, 12.18 million current US$, in 1965.
Malawi ranks 27th of 37 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.95 million current US$ | 12.18 million current US$ | 13.56 million current US$ | 5 |
| 1970s | 26.86 million current US$ | 15.36 million current US$ | 51.32 million current US$ | 9 |
Countries ranked near Malawi
- 24 Madagascar 74.85 million current US$
- 25 Togo 72.05 million current US$
- 26 Eritrea 68.31 million current US$
- 28 Seychelles 48.08 million current US$
- 29 Gabon 40.93 million current US$
- 30 Cabo Verde 27.40 million current US$
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)
- Taxes less subsidies on products (current US$), annual growth rate 32.78 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.07 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 47.01 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 33.73 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 122.56 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 82,297 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0004 (2023)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2,278 (2023)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Malawi?
- Financial and insurance activities (banking), value added in Malawi was 51.32 million current US$ 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 51.32 million current US$ in 1978.
- What is the lowest financial and insurance activities (banking), value added recorded in Malawi?
- The lowest recorded value was 12.18 million current US$ in 1965.
- How does Malawi rank for financial and insurance activities (banking), value added?
- Malawi ranks 27th out of 37 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 278.5%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 U.S. dollars.