Gross Domestic Product: Value Standard … Gross annual growth rate in Malawi
Malawi: Gross Domestic Product: Value Standard … Gross annual growth rate was 29.66 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Malawi, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Malawi stood at 29.66 % change on previous year.
Compared with earlier readings it is up 25.0% on the previous year and down 22.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth 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 14th of 218 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: Value Standard … Gross annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 25.42 % change on previous year | — |
| 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 | 25.62 % change on previous year | +29.1% |
| 2012 | 19.48 % change on previous year | -24.0% |
| 2013 | 42.05 % change on previous year | +115.9% |
| 2014 | 38.07 % change on previous year | -9.5% |
| 2015 | 33.14 % change on previous year | -12.9% |
| 2016 | 24.61 % change on previous year | -25.7% |
| 2017 | 27.69 % change on previous year | +12.5% |
| 2018 | 10.77 % change on previous year | -61.1% |
| 2019 | 13.89 % change on previous year | +28.9% |
| 2020 | 7.06 % change on previous year | -49.2% |
| 2021 | 13.08 % change on previous year | +85.3% |
| 2022 | 18.79 % change on previous year | +43.6% |
| 2023 | 23.72 % change on previous year | +26.3% |
| 2024 | 29.66 % change on previous year | +25.0% |
Malawi compared with similar countries
- Malawi's 29.66 % change on previous year is above the median for low income countries, which is 12.99 % change on previous year, 2.3× the median. (23 countries reporting)
- Malawi's 29.66 % change on previous year is above the median for Sub-Saharan Africa, which is 9.14 % change on previous year, 3.2× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product: Value Standard … Gross annual growth rate 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 |
|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 1970s | 13.8 % change on previous year | -1.44 % change on previous year | 26.79 % change on previous year | 9 |
| 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 | 25.52 % change on previous year | 10.77 % change on previous year | 42.05 % change on previous year | 10 |
| 2020s | 18.46 % change on previous year | 7.06 % change on previous year | 29.66 % change on previous year | 5 |
Countries ranked near Malawi
- 11 Ghana 32.49 % change on previous year compare
- 12 Yemen 32.03 % change on previous year compare
- 13 Angola 30.78 % change on previous year compare
- 15 Pakistan 25.81 % change on previous year compare
- 16 Sierra Leone 24.8 % change on previous year compare
- 17 Zambia 23.58 % change on previous year compare
More economy & growth data for Malawi
- Real gdp growth, annual growth rate -14.03 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Malawi?
- Gross domestic product — value standard local currency, annual growth in Malawi was 29.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Malawi?
- The highest recorded value was 102.77 % change on previous year in 1995.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Malawi?
- The lowest recorded value was -1.44 % change on previous year in 1973.
- How does Malawi rank for gross domestic product — value standard local currency, annual growth?
- Malawi ranks 14th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Malawi?
- Over the last ten years it is down 22.1%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.