Gross Domestic Product, GDP in millions constant 2021 international $ in Malawi
Malawi: Gross Domestic Product, GDP in millions constant 2021 international $ was 38,501 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Malawi, 1991–2027
Source: International Labour Organization.
Analysis
Malawi recorded 38,501 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
That represents a change of up 3.1% on the previous year and up 32.3% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Malawi peaked at 38,501 in 2027 and was at its lowest, 9,919, in 1994.
Malawi ranks 144th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 10,872 | — |
| 1992 | 10,075 | -7.3% |
| 1993 | 11,051 | +9.7% |
| 1994 | 9,919 | -10.2% |
| 1995 | 11,579 | +16.7% |
| 1996 | 12,426 | +7.3% |
| 1997 | 12,897 | +3.8% |
| 1998 | 13,400 | +3.9% |
| 1999 | 13,807 | +3.0% |
| 2000 | 14,025 | +1.6% |
| 2001 | 13,327 | -5.0% |
| 2002 | 13,554 | +1.7% |
| 2003 | 14,327 | +5.7% |
| 2004 | 15,104 | +5.4% |
| 2005 | 15,597 | +3.3% |
| 2006 | 16,330 | +4.7% |
| 2007 | 17,898 | +9.6% |
| 2008 | 19,266 | +7.6% |
| 2009 | 20,870 | +8.3% |
| 2010 | 22,305 | +6.9% |
| 2011 | 23,405 | +4.9% |
| 2012 | 23,850 | +1.9% |
| 2013 | 25,140 | +5.4% |
| 2014 | 26,554 | +5.6% |
| 2015 | 27,298 | +2.8% |
| 2016 | 27,980 | +2.5% |
| 2017 | 29,099 | +4.0% |
| 2018 | 30,366 | +4.4% |
| 2019 | 32,102 | +5.7% |
| 2020 | 32,427 | +1.0% |
| 2021 | 33,905 | +4.6% |
| 2022 | 34,217 | +0.9% |
| 2023 | 34,865 | +1.9% |
| 2024 | 35,492 | +1.8% |
| 2025 | 36,343 | +2.4% |
| 2026 | 37,338 | +2.7% |
| 2027 | 38,501 | +3.1% |
Malawi compared with similar countries
- Malawi's 38,501 is below the median for low income countries, which is 57,463, 67% of the median. (25 countries reporting)
- Malawi's 38,501 is below the median for Sub-Saharan Africa, which is 55,772, 69% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11,781 | 9,919 | 13,807 | 9 |
| 2000s | 16,030 | 13,327 | 20,870 | 10 |
| 2010s | 26,810 | 22,305 | 32,102 | 10 |
| 2020s | 35,386 | 32,427 | 38,501 | 8 |
Countries ranked near Malawi
- 141 Republic of Moldova 42,278 compare
- 142 Malta 40,008 compare
- 143 Brunei Darussalam 39,149 compare
- 145 Mauritius 38,046 compare
- 146 Mauritania 37,891 compare
- 147 Namibia 34,493 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 in millions constant 2021 international $ in Malawi?
- Gross domestic product, gdp in millions constant 2021 international $ in Malawi was 38,501 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Malawi?
- The highest recorded value was 38,501 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Malawi?
- The lowest recorded value was 9,919 in 1994.
- How does Malawi rank for gross domestic product, gdp in millions constant 2021 international $?
- Malawi ranks 144th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Malawi?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.