Gross domestic product (GDP), annual growth rate in Malawi
Malawi: Gross domestic product (GDP), annual growth rate was 1.78 % change on previous year in 2023. ◆ Volatile
Latest (2023)
1.78 % change on previous year
Change on year
up 304.2%
World rank
106th
of 184 countries
All-time high
21.31 % change on previous year
in 2002
All-time low
-24.12 % change on previous year
in 2009
Years of data
69
1955–2023
Gross domestic product (GDP), annual growth rate in Malawi, 1955–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Malawi recorded 1.78 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
Compared with earlier readings it is up 304.2% on the previous year and down 89.8% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Malawi peaked at 21.31 % change on previous year in 2002 and was at its lowest, -24.12 % change on previous year, in 2009.
Malawi ranks 106th of 184 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.
Gross domestic product (GDP), annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1955 | 6.36 % change on previous year | — |
| 1956 | 7.22 % change on previous year | +13.5% |
| 1957 | 8.05 % change on previous year | +11.5% |
| 1958 | 1.83 % change on previous year | -77.3% |
| 1959 | -2.57 % change on previous year | -240.7% |
| 1960 | 8.71 % change on previous year | -438.8% |
| 1961 | 2.41 % change on previous year | -72.4% |
| 1962 | 2.24 % change on previous year | -7.1% |
| 1963 | 1.85 % change on previous year | -17.5% |
| 1964 | -0.3548 % change on previous year | -119.2% |
| 1965 | 15.8 % change on previous year | -4553.5% |
| 1966 | 15.53 % change on previous year | -1.7% |
| 1967 | 3.13 % change on previous year | -79.8% |
| 1968 | 2.33 % change on previous year | -25.7% |
| 1969 | 7.37 % change on previous year | +216.6% |
| 1970 | 3.39 % change on previous year | -54.1% |
| 1971 | 13.85 % change on previous year | +308.9% |
| 1972 | 9.83 % change on previous year | -29.0% |
| 1973 | -2.05 % change on previous year | -120.9% |
| 1974 | 6.58 % change on previous year | -421.0% |
| 1975 | 4.84 % change on previous year | -26.4% |
| 1976 | 0.7783 % change on previous year | -83.9% |
| 1977 | 0.7788 % change on previous year | +0.1% |
| 1978 | 3.91 % change on previous year | +401.7% |
| 1979 | -1.34 % change on previous year | -134.3% |
| 1980 | 2.84 % change on previous year | -311.5% |
| 1981 | 3.93 % change on previous year | +38.7% |
| 1982 | 5.11 % change on previous year | +29.9% |
| 1983 | 7.95 % change on previous year | +55.4% |
| 1984 | 7.18 % change on previous year | -9.7% |
| 1985 | 12.22 % change on previous year | +70.2% |
| 1986 | -6.38 % change on previous year | -152.2% |
| 1987 | -4.56 % change on previous year | -28.4% |
| 1988 | -4.13 % change on previous year | -9.6% |
| 1989 | 8.02 % change on previous year | -294.3% |
| 1990 | -3.91 % change on previous year | -148.7% |
| 1991 | 6.91 % change on previous year | -276.8% |
| 1992 | -11.49 % change on previous year | -266.4% |
| 1993 | 7.31 % change on previous year | -163.6% |
| 1994 | 16.62 % change on previous year | +127.3% |
| 1995 | -4.12 % change on previous year | -124.8% |
| 1996 | -3.59 % change on previous year | -12.7% |
| 1997 | 10.3 % change on previous year | -386.6% |
| 1998 | -14.5 % change on previous year | -240.8% |
| 1999 | 3.98 % change on previous year | -127.4% |
| 2000 | -1.08 % change on previous year | -127.1% |
| 2001 | -8.03 % change on previous year | +644.3% |
| 2002 | 21.31 % change on previous year | -365.3% |
| 2003 | 3.41 % change on previous year | -84.0% |
| 2004 | 15.14 % change on previous year | +344.2% |
| 2005 | 7.03 % change on previous year | -53.6% |
| 2006 | 4.96 % change on previous year | -29.5% |
| 2007 | 21.13 % change on previous year | +326.3% |
| 2008 | 17.08 % change on previous year | -19.1% |
| 2009 | -24.12 % change on previous year | -241.2% |
| 2010 | 0.0529 % change on previous year | -100.2% |
| 2011 | 11.33 % change on previous year | +21313.1% |
| 2012 | -1.66 % change on previous year | -114.7% |
| 2013 | 17.45 % change on previous year | -1150.9% |
| 2014 | -2.72 % change on previous year | -115.6% |
| 2015 | 7.73 % change on previous year | -384.4% |
| 2016 | 0.6401 % change on previous year | -91.7% |
| 2017 | 7.03 % change on previous year | +998.3% |
| 2018 | 1.78 % change on previous year | -74.6% |
| 2019 | 10.19 % change on previous year | +471.2% |
| 2020 | 7.13 % change on previous year | -30.1% |
| 2021 | 13.07 % change on previous year | +83.4% |
| 2022 | -0.8718 % change on previous year | -106.7% |
| 2023 | 1.78 % change on previous year | -304.2% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2011 | +21313.1% | 0.0529 % change on previous year | 11.33 % change on previous year |
| 1965 | +4553.5% | -0.3548 % change on previous year | 15.8 % change on previous year |
| 2013 | +1150.9% | -1.66 % change on previous year | 17.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4.18 % change on previous year | -2.57 % change on previous year | 8.05 % change on previous year | 5 |
| 1960s | 5.9 % change on previous year | -0.3548 % change on previous year | 15.8 % change on previous year | 10 |
| 1970s | 4.06 % change on previous year | -2.05 % change on previous year | 13.85 % change on previous year | 10 |
| 1980s | 3.22 % change on previous year | -6.38 % change on previous year | 12.22 % change on previous year | 10 |
| 1990s | 0.7511 % change on previous year | -14.5 % change on previous year | 16.62 % change on previous year | 10 |
| 2000s | 5.68 % change on previous year | -24.12 % change on previous year | 21.31 % change on previous year | 10 |
| 2010s | 5.18 % change on previous year | -2.72 % change on previous year | 17.45 % change on previous year | 10 |
| 2020s | 5.28 % change on previous year | -0.8718 % change on previous year | 13.07 % change on previous year | 4 |
Countries ranked near Malawi
- 103 Slovakia 1.96 % change on previous year compare
- 104 New Zealand 1.94 % change on previous year compare
- 105 Suriname 1.82 % change on previous year compare
- 107 Albania 1.76 % change on previous year compare
- 108 Jordan 1.69 % change on previous year compare
- 109 Belgium 1.57 % change on previous year 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 gross domestic product (gdp), annual growth rate in Malawi?
- Gross domestic product (gdp), annual growth rate in Malawi was 1.78 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Malawi?
- The highest recorded value was 21.31 % change on previous year in 2002.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Malawi?
- The lowest recorded value was -24.12 % change on previous year in 2009.
- How does Malawi rank for gross domestic product (gdp), annual growth rate?
- Malawi ranks 106th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Malawi?
- Over the last ten years it is down 89.8%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 69 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.