Gross domestic product (GDP), Constant prices, Purchasing power in Malawi
Malawi: Gross domestic product (GDP), Constant prices, Purchasing power was 22.18 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Malawi, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Malawi stood at 22.18. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 53.3% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Malawi peaked at 22.18 in 2019 and was at its lowest, 1.49, in 1960.
Malawi ranks 144th of 193 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), Constant prices, Purchasing power in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.49 | — |
| 1961 | 1.71 | +14.9% |
| 1962 | 1.56 | -8.7% |
| 1963 | 1.59 | +2.1% |
| 1964 | 1.6 | +0.7% |
| 1965 | 2.05 | +27.7% |
| 1966 | 2.42 | +18.0% |
| 1967 | 2.38 | -1.4% |
| 1968 | 2.5 | +4.8% |
| 1969 | 2.79 | +11.9% |
| 1970 | 3.31 | +18.4% |
| 1971 | 3.78 | +14.4% |
| 1972 | 4.17 | +10.2% |
| 1973 | 4.26 | +2.3% |
| 1974 | 4.58 | +7.4% |
| 1975 | 4.83 | +5.5% |
| 1976 | 5.13 | +6.2% |
| 1977 | 5.36 | +4.3% |
| 1978 | 5.8 | +8.3% |
| 1979 | 6 | +3.3% |
| 1980 | 6.56 | +9.4% |
| 1981 | 5.85 | -10.8% |
| 1982 | 5.93 | +1.4% |
| 1983 | 6.18 | +4.2% |
| 1984 | 6.43 | +3.9% |
| 1985 | 6.73 | +4.7% |
| 1986 | 6.87 | +2.0% |
| 1987 | 6.8 | -1.0% |
| 1988 | 7.02 | +3.3% |
| 1989 | 7.31 | +4.1% |
| 1990 | 7.65 | +4.8% |
| 1991 | 8.25 | +7.8% |
| 1992 | 7.6 | -7.9% |
| 1993 | 8.42 | +10.8% |
| 1994 | 7.44 | -11.6% |
| 1995 | 8.11 | +9.0% |
| 1996 | 8.9 | +9.7% |
| 1997 | 9.23 | +3.8% |
| 1998 | 9.35 | +1.2% |
| 1999 | 9.46 | +1.2% |
| 2000 | 9.61 | +1.6% |
| 2001 | 9.15 | -4.8% |
| 2002 | 9.39 | +2.7% |
| 2003 | 9.93 | +5.7% |
| 2004 | 10.47 | +5.4% |
| 2005 | 10.81 | +3.3% |
| 2006 | 11.32 | +4.7% |
| 2007 | 12.4 | +9.6% |
| 2008 | 13.35 | +7.6% |
| 2009 | 14.46 | +8.3% |
| 2010 | 15.46 | +6.9% |
| 2011 | 16.21 | +4.9% |
| 2012 | 16.11 | -0.6% |
| 2013 | 17.12 | +6.3% |
| 2014 | 18.18 | +6.2% |
| 2015 | 18.78 | +3.3% |
| 2016 | 19.28 | +2.7% |
| 2017 | 20.29 | +5.2% |
| 2018 | 21.07 | +3.9% |
| 2019 | 22.18 | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.01 | 1.49 | 2.79 | 10 |
| 1970s | 4.72 | 3.31 | 6 | 10 |
| 1980s | 6.57 | 5.85 | 7.31 | 10 |
| 1990s | 8.44 | 7.44 | 9.46 | 10 |
| 2000s | 11.09 | 9.15 | 14.46 | 10 |
| 2010s | 18.47 | 15.46 | 22.18 | 10 |
Countries ranked near Malawi
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), constant prices, purchasing power in Malawi?
- Gross domestic product (gdp), constant prices, purchasing power in Malawi was 22.18 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Malawi?
- The highest recorded value was 22.18 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Malawi?
- The lowest recorded value was 1.49 in 1960.
- How does Malawi rank for gross domestic product (gdp), constant prices, purchasing power?
- Malawi ranks 144th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Malawi?
- Over the last ten years it is up 53.3%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.