Gross domestic product (GDP), Current prices, Domestic currency in Malawi
Malawi: Gross domestic product (GDP), Current prices, Domestic currency was 5,977 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Malawi, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Malawi stood at 5,977. That is the highest value across all 60 years on record.
The figure is up 13.7% on the previous year and up 583.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Malawi peaked at 5,977 in 2019 and was at its lowest, 0.2167, in 1960.
Malawi ranks 59th of 194 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), Current prices, Domestic currency in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.2167 | — |
| 1961 | 0.2341 | +8.1% |
| 1962 | 0.2386 | +1.9% |
| 1963 | 0.2514 | +5.3% |
| 1964 | 0.2519 | +0.2% |
| 1965 | 0.3098 | +23.0% |
| 1966 | 0.358 | +15.6% |
| 1967 | 0.3652 | +2.0% |
| 1968 | 0.3895 | +6.7% |
| 1969 | 0.4286 | +10.0% |
| 1970 | 0.4826 | +12.6% |
| 1971 | 0.6053 | +25.4% |
| 1972 | 0.6673 | +10.2% |
| 1973 | 0.6577 | -1.4% |
| 1974 | 0.8339 | +26.8% |
| 1975 | 0.9571 | +14.8% |
| 1976 | 1.11 | +15.5% |
| 1977 | 1.32 | +19.0% |
| 1978 | 1.45 | +10.0% |
| 1979 | 1.5 | +3.9% |
| 1980 | 1.82 | +20.8% |
| 1981 | 2 | +10.2% |
| 1982 | 2.23 | +11.4% |
| 1983 | 2.59 | +16.0% |
| 1984 | 3.05 | +17.8% |
| 1985 | 3.49 | +14.3% |
| 1986 | 3.95 | +13.4% |
| 1987 | 4.9 | +23.9% |
| 1988 | 6.33 | +29.3% |
| 1989 | 8.2 | +29.4% |
| 1990 | 8.64 | +5.4% |
| 1991 | 10.25 | +18.7% |
| 1992 | 11.84 | +15.4% |
| 1993 | 15.9 | +34.4% |
| 1994 | 18.65 | +17.2% |
| 1995 | 37.81 | +102.8% |
| 1996 | 61.29 | +62.1% |
| 1997 | 79.13 | +29.1% |
| 1998 | 99.88 | +26.2% |
| 1999 | 141.48 | +41.6% |
| 2000 | 187.59 | +32.6% |
| 2001 | 223.93 | +19.4% |
| 2002 | 268.07 | +19.7% |
| 2003 | 312.68 | +16.6% |
| 2004 | 378.56 | +21.1% |
| 2005 | 432.93 | +14.4% |
| 2006 | 543.78 | +25.6% |
| 2007 | 620.42 | +14.1% |
| 2008 | 747.72 | +20.5% |
| 2009 | 873.98 | +16.9% |
| 2010 | 1,047 | +19.8% |
| 2011 | 1,253 | +19.7% |
| 2012 | 1,425 | +13.7% |
| 2013 | 1,928 | +35.3% |
| 2014 | 2,534 | +31.5% |
| 2015 | 3,213 | +26.8% |
| 2016 | 3,813 | +18.7% |
| 2017 | 4,636 | +21.6% |
| 2018 | 5,258 | +13.4% |
| 2019 | 5,977 | +13.7% |
Malawi compared with similar countries
- Malawi's 5,977 is below the median for low income countries, which is 6,108, 98% of the median. (24 countries reporting)
- Malawi's 5,977 is above the median for Sub-Saharan Africa, which is 5,309, 1.1× 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 |
|---|---|---|---|
| 1995 | +102.8% | 18.65 | 37.81 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3044 | 0.2167 | 0.4286 | 10 |
| 1970s | 0.9575 | 0.4826 | 1.5 | 10 |
| 1980s | 3.86 | 1.82 | 8.2 | 10 |
| 1990s | 48.49 | 8.64 | 141.48 | 10 |
| 2000s | 458.97 | 187.59 | 873.98 | 10 |
| 2010s | 3,108 | 1,047 | 5,977 | 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)
- 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 gross domestic product (gdp), current prices, domestic currency in Malawi?
- Gross domestic product (gdp), current prices, domestic currency in Malawi was 5,977 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Malawi?
- The highest recorded value was 5,977 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Malawi?
- The lowest recorded value was 0.2167 in 1960.
- How does Malawi rank for gross domestic product (gdp), current prices, domestic currency?
- Malawi ranks 59th 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 up 583.8%. 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), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.