Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malawi
Malawi: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.2746 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malawi, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Malawi recorded 0.2746 million SLC per person for gross domestic product — value standard local currency, 2015 prices in 2024.
That represents a change of down 0.8% on the previous year and up 20.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Malawi peaked at 0.2837 million SLC per person in 2021 and was at its lowest, 0.1221 million SLC per person, in 1970.
Malawi ranks 61st of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malawi, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.1221 million SLC per person | — |
| 1971 | 0.1362 million SLC per person | +11.6% |
| 1972 | 0.1463 million SLC per person | +7.4% |
| 1973 | 0.1458 million SLC per person | -0.3% |
| 1974 | 0.1525 million SLC per person | +4.6% |
| 1975 | 0.1564 million SLC per person | +2.6% |
| 1976 | 0.1614 million SLC per person | +3.2% |
| 1977 | 0.1633 million SLC per person | +1.1% |
| 1978 | 0.1709 million SLC per person | +4.7% |
| 1979 | 0.1702 million SLC per person | -0.4% |
| 1980 | 0.1791 million SLC per person | +5.2% |
| 1981 | 0.1536 million SLC per person | -14.2% |
| 1982 | 0.1498 million SLC per person | -2.5% |
| 1983 | 0.1501 million SLC per person | +0.2% |
| 1984 | 0.15 million SLC per person | -0.1% |
| 1985 | 0.1511 million SLC per person | +0.8% |
| 1986 | 0.1486 million SLC per person | -1.7% |
| 1987 | 0.1403 million SLC per person | -5.6% |
| 1988 | 0.1372 million SLC per person | -2.1% |
| 1989 | 0.1362 million SLC per person | -0.7% |
| 1990 | 0.1372 million SLC per person | +0.7% |
| 1991 | 0.1434 million SLC per person | +4.5% |
| 1992 | 0.1283 million SLC per person | -10.6% |
| 1993 | 0.14 million SLC per person | +9.2% |
| 1994 | 0.1253 million SLC per person | -10.6% |
| 1995 | 0.1368 million SLC per person | +9.2% |
| 1996 | 0.1471 million SLC per person | +7.5% |
| 1997 | 0.1496 million SLC per person | +1.7% |
| 1998 | 0.1482 million SLC per person | -1.0% |
| 1999 | 0.1466 million SLC per person | -1.1% |
| 2000 | 0.1453 million SLC per person | -0.8% |
| 2001 | 0.1351 million SLC per person | -7.1% |
| 2002 | 0.1353 million SLC per person | +0.2% |
| 2003 | 0.1395 million SLC per person | +3.1% |
| 2004 | 0.1433 million SLC per person | +2.7% |
| 2005 | 0.1441 million SLC per person | +0.5% |
| 2006 | 0.1467 million SLC per person | +1.9% |
| 2007 | 0.1563 million SLC per person | +6.6% |
| 2008 | 0.1635 million SLC per person | +4.6% |
| 2009 | 0.1719 million SLC per person | +5.2% |
| 2010 | 0.1784 million SLC per person | +3.8% |
| 2011 | 0.1908 million SLC per person | +7.0% |
| 2012 | 0.1935 million SLC per person | +1.4% |
| 2013 | 0.2099 million SLC per person | +8.5% |
| 2014 | 0.2277 million SLC per person | +8.5% |
| 2015 | 0.2402 million SLC per person | +5.5% |
| 2016 | 0.2521 million SLC per person | +4.9% |
| 2017 | 0.2711 million SLC per person | +7.5% |
| 2018 | 0.2755 million SLC per person | +1.6% |
| 2019 | 0.2836 million SLC per person | +3.0% |
| 2020 | 0.2784 million SLC per person | -1.8% |
| 2021 | 0.2837 million SLC per person | +1.9% |
| 2022 | 0.2798 million SLC per person | -1.4% |
| 2023 | 0.2767 million SLC per person | -1.1% |
| 2024 | 0.2746 million SLC per person | -0.8% |
Malawi compared with similar countries
- Malawi's 0.2746 million SLC per person is above the median for low income countries, which is 0.2311 million SLC per person, 1.2× the median. (23 countries reporting)
- Malawi's 0.2746 million SLC per person is below the median for Sub-Saharan Africa, which is 0.3487 million SLC per person, 79% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1525 million SLC per person | 0.1221 million SLC per person | 0.1709 million SLC per person | 10 |
| 1980s | 0.1496 million SLC per person | 0.1362 million SLC per person | 0.1791 million SLC per person | 10 |
| 1990s | 0.1402 million SLC per person | 0.1253 million SLC per person | 0.1496 million SLC per person | 10 |
| 2000s | 0.1481 million SLC per person | 0.1351 million SLC per person | 0.1719 million SLC per person | 10 |
| 2010s | 0.2323 million SLC per person | 0.1784 million SLC per person | 0.2836 million SLC per person | 10 |
| 2020s | 0.2786 million SLC per person | 0.2746 million SLC per person | 0.2837 million SLC per person | 5 |
Countries ranked near Malawi
- 58 Niger 0.3487 million SLC per person compare
- 59 Greenland 0.342 million SLC per person compare
- 60 Vanuatu 0.2937 million SLC per person compare
- 62 Bhutan 0.2314 million SLC per person compare
- 63 Central African Republic 0.2311 million SLC per person compare
- 64 Qatar 0.2264 million SLC per person 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 — value standard local currency, 2015 prices in Malawi?
- Gross domestic product — value standard local currency, 2015 prices in Malawi was 0.2746 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Malawi?
- The highest recorded value was 0.2837 million SLC per person in 2021.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Malawi?
- The lowest recorded value was 0.1221 million SLC per person in 1970.
- How does Malawi rank for gross domestic product — value standard local currency, 2015 prices?
- Malawi ranks 61st out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Malawi?
- Over the last ten years it is up 20.6%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.