GDP Deflator — Value Standard Local Currency, 2015 prices in Malawi
Malawi: GDP Deflator — Value Standard Local Currency, 2015 prices was 319.65 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Malawi, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Malawi is 319.65 SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 27.3% on the previous year and up 292.4% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Malawi peaked at 319.65 SLC in 2024 and was at its lowest, 0.0853 SLC, in 1970.
That places Malawi 22nd out of 209 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Malawi, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0853 SLC | — |
| 1971 | 0.0935 SLC | +9.7% |
| 1972 | 0.0936 SLC | +0.1% |
| 1973 | 0.0902 SLC | -3.7% |
| 1974 | 0.1064 SLC | +18.0% |
| 1975 | 0.1157 SLC | +8.8% |
| 1976 | 0.1259 SLC | +8.8% |
| 1977 | 0.1435 SLC | +14.0% |
| 1978 | 0.1457 SLC | +1.5% |
| 1979 | 0.1465 SLC | +0.6% |
| 1980 | 0.1618 SLC | +10.5% |
| 1981 | 0.2 SLC | +23.6% |
| 1982 | 0.2197 SLC | +9.8% |
| 1983 | 0.2447 SLC | +11.3% |
| 1984 | 0.2774 SLC | +13.4% |
| 1985 | 0.3028 SLC | +9.2% |
| 1986 | 0.3365 SLC | +11.2% |
| 1987 | 0.4213 SLC | +25.2% |
| 1988 | 0.5272 SLC | +25.1% |
| 1989 | 0.6556 SLC | +24.4% |
| 1990 | 0.6597 SLC | +0.6% |
| 1991 | 0.7262 SLC | +10.1% |
| 1992 | 0.9104 SLC | +25.4% |
| 1993 | 1.1 SLC | +21.3% |
| 1994 | 1.46 SLC | +32.6% |
| 1995 | 2.72 SLC | +86.0% |
| 1996 | 4.03 SLC | +47.8% |
| 1997 | 5.01 SLC | +24.4% |
| 1998 | 6.25 SLC | +24.7% |
| 1999 | 8.74 SLC | +39.9% |
| 2000 | 11.41 SLC | +30.5% |
| 2001 | 14.3 SLC | +25.4% |
| 2002 | 16.68 SLC | +16.6% |
| 2003 | 18.4 SLC | +10.3% |
| 2004 | 21.14 SLC | +14.8% |
| 2005 | 23.41 SLC | +10.7% |
| 2006 | 28.08 SLC | +20.0% |
| 2007 | 29.23 SLC | +4.1% |
| 2008 | 32.73 SLC | +12.0% |
| 2009 | 35.31 SLC | +7.9% |
| 2010 | 39.6 SLC | +12.1% |
| 2011 | 45.17 SLC | +14.1% |
| 2012 | 51.7 SLC | +14.5% |
| 2013 | 65.81 SLC | +27.3% |
| 2014 | 81.46 SLC | +23.8% |
| 2015 | 100 SLC | +22.8% |
| 2016 | 115.56 SLC | +15.6% |
| 2017 | 133.53 SLC | +15.6% |
| 2018 | 141.75 SLC | +6.2% |
| 2019 | 152.7 SLC | +7.7% |
| 2020 | 162.2 SLC | +6.2% |
| 2021 | 175.42 SLC | +8.2% |
| 2022 | 205.88 SLC | +17.4% |
| 2023 | 251.04 SLC | +21.9% |
| 2024 | 319.65 SLC | +27.3% |
Malawi compared with similar countries
- Malawi's 319.65 SLC is above the median for low income countries, which is 158.7 SLC, 2.0× the median. (22 countries reporting)
- Malawi's 319.65 SLC is above the median for Sub-Saharan Africa, which is 149.14 SLC, 2.1× the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1995 | +86.0% | 1.46 SLC | 2.72 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1146 SLC | 0.0853 SLC | 0.1465 SLC | 10 |
| 1980s | 0.3347 SLC | 0.1618 SLC | 0.6556 SLC | 10 |
| 1990s | 3.16 SLC | 0.6597 SLC | 8.74 SLC | 10 |
| 2000s | 23.07 SLC | 11.41 SLC | 35.31 SLC | 10 |
| 2010s | 92.73 SLC | 39.6 SLC | 152.7 SLC | 10 |
| 2020s | 222.84 SLC | 162.2 SLC | 319.65 SLC | 5 |
Countries ranked near Malawi
- 19 Uzbekistan 358.85 SLC compare
- 20 Democratic Republic of the Congo 352.41 SLC compare
- 21 Sierra Leone 346.24 SLC compare
- 23 Zambia 281.84 SLC compare
- 24 Cuba 260.72 SLC compare
- 25 Pakistan 252.41 SLC 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)
- SDRs holdings, US dollar, annual growth rate -12.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0151 units per person (2025)
- SDRs holdings, SDR, annual growth rate -16.34 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0111 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Malawi?
- Gdp deflator — value standard local currency, 2015 prices in Malawi was 319.65 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Malawi?
- The highest recorded value was 319.65 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Malawi?
- The lowest recorded value was 0.0853 SLC in 1970.
- How does Malawi rank for gdp deflator — value standard local currency, 2015 prices?
- Malawi ranks 22nd out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Malawi?
- Over the last ten years it is up 292.4%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).