Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malawi
Malawi: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0005 million SLC per US$ of GDP in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malawi, 1980–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Malawi stood at 0.0005 million SLC per US$ of GDP.
Compared with earlier readings it is up 20.3% on the previous year and up 22.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Malawi peaked at 0.0007 million SLC per US$ of GDP in 1994 and was at its lowest, 0.0003 million SLC per US$ of GDP, in 2011.
Malawi ranks 20th of 193 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 45 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malawi, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0006 million SLC per US$ of GDP | — |
| 1981 | 0.0006 million SLC per US$ of GDP | -10.8% |
| 1982 | 0.0006 million SLC per US$ of GDP | +6.4% |
| 1983 | 0.0006 million SLC per US$ of GDP | +0.5% |
| 1984 | 0.0006 million SLC per US$ of GDP | +5.2% |
| 1985 | 0.0007 million SLC per US$ of GDP | +11.8% |
| 1986 | 0.0007 million SLC per US$ of GDP | -2.5% |
| 1987 | 0.0007 million SLC per US$ of GDP | -0.9% |
| 1988 | 0.0006 million SLC per US$ of GDP | -11.4% |
| 1989 | 0.0005 million SLC per US$ of GDP | -9.7% |
| 1990 | 0.0005 million SLC per US$ of GDP | -11.4% |
| 1991 | 0.0004 million SLC per US$ of GDP | -8.0% |
| 1992 | 0.0005 million SLC per US$ of GDP | +12.8% |
| 1993 | 0.0005 million SLC per US$ of GDP | -3.7% |
| 1994 | 0.0007 million SLC per US$ of GDP | +54.9% |
| 1995 | 0.0007 million SLC per US$ of GDP | -7.8% |
| 1996 | 0.0005 million SLC per US$ of GDP | -32.8% |
| 1997 | 0.0004 million SLC per US$ of GDP | -11.1% |
| 1998 | 0.0006 million SLC per US$ of GDP | +54.0% |
| 1999 | 0.0006 million SLC per US$ of GDP | -0.2% |
| 2000 | 0.0006 million SLC per US$ of GDP | +3.5% |
| 2001 | 0.0006 million SLC per US$ of GDP | -3.3% |
| 2002 | 0.0003 million SLC per US$ of GDP | -49.6% |
| 2003 | 0.0004 million SLC per US$ of GDP | +15.2% |
| 2004 | 0.0004 million SLC per US$ of GDP | -2.7% |
| 2005 | 0.0003 million SLC per US$ of GDP | -1.8% |
| 2006 | 0.0003 million SLC per US$ of GDP | -4.3% |
| 2007 | 0.0003 million SLC per US$ of GDP | -1.2% |
| 2008 | 0.0003 million SLC per US$ of GDP | -10.3% |
| 2009 | 0.0003 million SLC per US$ of GDP | -6.9% |
| 2010 | 0.0003 million SLC per US$ of GDP | -4.9% |
| 2011 | 0.0003 million SLC per US$ of GDP | -4.2% |
| 2012 | 0.0003 million SLC per US$ of GDP | +38.6% |
| 2013 | 0.0004 million SLC per US$ of GDP | +21.9% |
| 2014 | 0.0004 million SLC per US$ of GDP | +1.8% |
| 2015 | 0.0004 million SLC per US$ of GDP | +3.5% |
| 2016 | 0.0006 million SLC per US$ of GDP | +25.7% |
| 2017 | 0.0005 million SLC per US$ of GDP | -2.3% |
| 2018 | 0.0005 million SLC per US$ of GDP | -5.5% |
| 2019 | 0.0005 million SLC per US$ of GDP | -5.5% |
| 2020 | 0.0005 million SLC per US$ of GDP | -5.4% |
| 2021 | 0.0005 million SLC per US$ of GDP | -0.6% |
| 2022 | 0.0005 million SLC per US$ of GDP | +0.8% |
| 2023 | 0.0004 million SLC per US$ of GDP | -5.6% |
| 2024 | 0.0005 million SLC per US$ of GDP | +20.3% |
Malawi compared with similar countries
- Malawi's 0.0005 million SLC per US$ of GDP is above the median for low income countries, which is 0.0004 million SLC per US$ of GDP, 1.2× the median. (23 countries reporting)
- Malawi's 0.0005 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0004 million SLC per US$ of GDP, 1.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1994 | +54.9% | 0.0005 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP |
| 1998 | +54.0% | 0.0004 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0006 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 10 |
| 1990s | 0.0005 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 10 |
| 2000s | 0.0004 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 10 |
| 2010s | 0.0004 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 10 |
| 2020s | 0.0005 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 5 |
Countries ranked near Malawi
- 17 Rwanda 0.0007 million SLC per US$ of GDP compare
- 18 Chile 0.0006 million SLC per US$ of GDP compare
- 19 Benin 0.0005 million SLC per US$ of GDP compare
- 21 Senegal 0.0005 million SLC per US$ of GDP compare
- 22 Cote d'Ivoire 0.0005 million SLC per US$ of GDP compare
- 23 Chad 0.0005 million SLC per US$ of GDP 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Malawi?
- Gross domestic product — value standard local currency, 2015 prices in Malawi was 0.0005 million SLC per US$ of GDP 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 0.0007 million SLC per US$ of GDP in 1994.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Malawi?
- The lowest recorded value was 0.0003 million SLC per US$ of GDP in 2011.
- How does Malawi rank for gross domestic product — value standard local currency, 2015 prices?
- Malawi ranks 20th out of 193 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 22.3%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.