Gross domestic product (GDP), Current prices, Domestic currency in Malawi
Malawi: Gross domestic product (GDP), Current prices, Domestic currency was 13.66 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Malawi, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Malawi recorded 13.66 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.
That represents a change of up 1.6% on the previous year and down 19.1% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Malawi peaked at 102.77 % change on previous year in 1995 and was at its lowest, -1.44 % change on previous year, in 1973.
Malawi ranks 18th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.05 % change on previous year | — |
| 1962 | 1.93 % change on previous year | -76.0% |
| 1963 | 5.33 % change on previous year | +176.2% |
| 1964 | 0.2268 % change on previous year | -95.7% |
| 1965 | 22.98 % change on previous year | +10035.4% |
| 1966 | 15.56 % change on previous year | -32.3% |
| 1967 | 1.99 % change on previous year | -87.2% |
| 1968 | 6.66 % change on previous year | +234.0% |
| 1969 | 10.05 % change on previous year | +50.9% |
| 1970 | 12.6 % change on previous year | +25.4% |
| 1971 | 25.42 % change on previous year | +101.7% |
| 1972 | 10.24 % change on previous year | -59.7% |
| 1973 | -1.44 % change on previous year | -114.0% |
| 1974 | 26.79 % change on previous year | -1966.3% |
| 1975 | 14.78 % change on previous year | -44.8% |
| 1976 | 15.54 % change on previous year | +5.1% |
| 1977 | 18.95 % change on previous year | +22.0% |
| 1978 | 9.99 % change on previous year | -47.3% |
| 1979 | 3.9 % change on previous year | -61.0% |
| 1980 | 20.82 % change on previous year | +434.3% |
| 1981 | 10.25 % change on previous year | -50.8% |
| 1982 | 11.42 % change on previous year | +11.5% |
| 1983 | 16.04 % change on previous year | +40.4% |
| 1984 | 17.81 % change on previous year | +11.1% |
| 1985 | 14.3 % change on previous year | -19.7% |
| 1986 | 13.41 % change on previous year | -6.2% |
| 1987 | 23.95 % change on previous year | +78.6% |
| 1988 | 29.26 % change on previous year | +22.2% |
| 1989 | 29.42 % change on previous year | +0.5% |
| 1990 | 5.41 % change on previous year | -81.6% |
| 1991 | 18.68 % change on previous year | +245.2% |
| 1992 | 15.43 % change on previous year | -17.4% |
| 1993 | 34.36 % change on previous year | +122.6% |
| 1994 | 17.24 % change on previous year | -49.8% |
| 1995 | 102.77 % change on previous year | +496.2% |
| 1996 | 62.11 % change on previous year | -39.6% |
| 1997 | 29.12 % change on previous year | -53.1% |
| 1998 | 26.22 % change on previous year | -10.0% |
| 1999 | 41.65 % change on previous year | +58.8% |
| 2000 | 32.59 % change on previous year | -21.7% |
| 2001 | 19.37 % change on previous year | -40.6% |
| 2002 | 19.71 % change on previous year | +1.7% |
| 2003 | 16.64 % change on previous year | -15.6% |
| 2004 | 21.07 % change on previous year | +26.6% |
| 2005 | 14.36 % change on previous year | -31.8% |
| 2006 | 25.61 % change on previous year | +78.3% |
| 2007 | 14.09 % change on previous year | -45.0% |
| 2008 | 20.52 % change on previous year | +45.6% |
| 2009 | 16.89 % change on previous year | -17.7% |
| 2010 | 19.84 % change on previous year | +17.5% |
| 2011 | 19.66 % change on previous year | -0.9% |
| 2012 | 13.73 % change on previous year | -30.2% |
| 2013 | 35.26 % change on previous year | +156.9% |
| 2014 | 31.47 % change on previous year | -10.8% |
| 2015 | 26.78 % change on previous year | -14.9% |
| 2016 | 18.65 % change on previous year | -30.3% |
| 2017 | 21.59 % change on previous year | +15.7% |
| 2018 | 13.44 % change on previous year | -37.7% |
| 2019 | 13.66 % change on previous year | +1.6% |
Malawi compared with similar countries
- Malawi's 13.66 % change on previous year is above the median for low income countries, which is 7.45 % change on previous year, 1.8× the median. (24 countries reporting)
- Malawi's 13.66 % change on previous year is above the median for Sub-Saharan Africa, which is 6.4 % change on previous year, 2.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 1965 | +10035.4% | 0.2268 % change on previous year | 22.98 % change on previous year |
| 1974 | +1966.3% | -1.44 % change on previous year | 26.79 % change on previous year |
| 1995 | +496.2% | 17.24 % change on previous year | 102.77 % change on previous year |
| 1980 | +434.3% | 3.9 % change on previous year | 20.82 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.09 % change on previous year | 0.2268 % change on previous year | 22.98 % change on previous year | 9 |
| 1970s | 13.68 % change on previous year | -1.44 % change on previous year | 26.79 % change on previous year | 10 |
| 1980s | 18.67 % change on previous year | 10.25 % change on previous year | 29.42 % change on previous year | 10 |
| 1990s | 35.3 % change on previous year | 5.41 % change on previous year | 102.77 % change on previous year | 10 |
| 2000s | 20.09 % change on previous year | 14.09 % change on previous year | 32.59 % change on previous year | 10 |
| 2010s | 21.41 % change on previous year | 13.44 % change on previous year | 35.26 % change on previous year | 10 |
Countries ranked near Malawi
- 15 Turkey 14.95 % change on previous year compare
- 16 Sierra Leone 14.62 % change on previous year compare
- 17 Mongolia 13.84 % change on previous year compare
- 19 Gambia 13.64 % change on previous year compare
- 20 Nepal 13.59 % change on previous year compare
- 21 Haiti 13.17 % 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 6.14 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0183 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 12.29 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Malawi?
- Gross domestic product (gdp), current prices, domestic currency in Malawi was 13.66 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Malawi?
- The highest recorded value was 102.77 % change on previous year in 1995.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Malawi?
- The lowest recorded value was -1.44 % change on previous year in 1973.
- How does Malawi rank for gross domestic product (gdp), current prices, domestic currency?
- Malawi ranks 18th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Malawi?
- Over the last ten years it is down 19.1%. 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), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 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), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
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), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.