Gross Domestic Product — Value Standard Local Currency, per capita in Malawi

Malawi: Gross Domestic Product — Value Standard Local Currency, per capita was 0.8778 million SLC per person in 2024. ◆ Volatile

Latest (2024)
0.8778 million SLC per person
Change on year
up 26.4%
World rank
47th
of 192 countries
All-time high
0.8778 million SLC per person
in 2024
All-time low
0.0001 million SLC per person
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value Standard Local Currency, per capita in Malawi, 1970–2024

00.20.40.60.8197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2024, gross domestic product — value standard local currency, per capita in Malawi stood at 0.8778 million SLC per person. That is the highest value across all 55 years on record.

The figure is up 26.4% on the previous year and up 373.2% over ten years.

Over the whole period, gross domestic product — value standard local currency, per capita in Malawi peaked at 0.8778 million SLC per person in 2024 and was at its lowest, 0.0001 million SLC per person, in 1970.

That places Malawi 47th out of 192 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value Standard Local Currency, per capita in Malawi, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, per capita in Malawi, 1970 to 2024.
Year million SLC per person Change
1970 0.0001 million SLC per person
1971 0.0001 million SLC per person +22.3%
1972 0.0001 million SLC per person +7.5%
1973 0.0001 million SLC per person -4.0%
1974 0.0002 million SLC per person +23.4%
1975 0.0002 million SLC per person +11.6%
1976 0.0002 million SLC per person +12.2%
1977 0.0002 million SLC per person +15.3%
1978 0.0002 million SLC per person +6.3%
1979 0.0002 million SLC per person +0.1%
1980 0.0003 million SLC per person +16.3%
1981 0.0003 million SLC per person +6.0%
1982 0.0003 million SLC per person +7.1%
1983 0.0004 million SLC per person +11.5%
1984 0.0004 million SLC per person +13.3%
1985 0.0005 million SLC per person +10.0%
1986 0.0005 million SLC per person +9.3%
1987 0.0006 million SLC per person +18.2%
1988 0.0007 million SLC per person +22.5%
1989 0.0009 million SLC per person +23.5%
1990 0.0009 million SLC per person +1.3%
1991 0.001 million SLC per person +15.1%
1992 0.0012 million SLC per person +12.1%
1993 0.0015 million SLC per person +32.4%
1994 0.0018 million SLC per person +18.6%
1995 0.0037 million SLC per person +103.1%
1996 0.0059 million SLC per person +58.9%
1997 0.0075 million SLC per person +26.6%
1998 0.0093 million SLC per person +23.5%
1999 0.0128 million SLC per person +38.4%
2000 0.0166 million SLC per person +29.4%
2001 0.0193 million SLC per person +16.5%
2002 0.0226 million SLC per person +16.8%
2003 0.0257 million SLC per person +13.8%
2004 0.0303 million SLC per person +18.0%
2005 0.0337 million SLC per person +11.3%
2006 0.0412 million SLC per person +22.2%
2007 0.0457 million SLC per person +10.9%
2008 0.0535 million SLC per person +17.1%
2009 0.0607 million SLC per person +13.5%
2010 0.0706 million SLC per person +16.4%
2011 0.0862 million SLC per person +22.0%
2012 0.1001 million SLC per person +16.1%
2013 0.1382 million SLC per person +38.1%
2014 0.1855 million SLC per person +34.2%
2015 0.2402 million SLC per person +29.5%
2016 0.2913 million SLC per person +21.3%
2017 0.362 million SLC per person +24.3%
2018 0.3905 million SLC per person +7.9%
2019 0.4331 million SLC per person +10.9%
2020 0.4516 million SLC per person +4.3%
2021 0.4976 million SLC per person +10.2%
2022 0.5761 million SLC per person +15.8%
2023 0.6947 million SLC per person +20.6%
2024 0.8778 million SLC per person +26.4%

Malawi compared with similar countries

  • Malawi's 0.8778 million SLC per person is above the median for low income countries, which is 0.5527 million SLC per person, 1.6× the median. (23 countries reporting)
  • Malawi's 0.8778 million SLC per person is above the median for Sub-Saharan Africa, which is 0.5688 million SLC per person, 1.5× the median. (45 countries reporting)

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, per capita 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.

YearChange FromTo
1995 +103.1% 0.0018 million SLC per person 0.0037 million SLC per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0002 million SLC per person 0.0001 million SLC per person 0.0002 million SLC per person 10
1980s 0.0005 million SLC per person 0.0003 million SLC per person 0.0009 million SLC per person 10
1990s 0.0046 million SLC per person 0.0009 million SLC per person 0.0128 million SLC per person 10
2000s 0.0349 million SLC per person 0.0166 million SLC per person 0.0607 million SLC per person 10
2010s 0.2298 million SLC per person 0.0706 million SLC per person 0.4331 million SLC per person 10
2020s 0.6196 million SLC per person 0.4516 million SLC per person 0.8778 million SLC per person 5

Countries ranked near Malawi

  1. 44 Uruguay 0.952 million SLC per person compare
  2. 45 Norway 0.9374 million SLC per person compare
  3. 46 Benin 0.9007 million SLC per person compare
  4. 48 Burundi 0.825 million SLC per person compare
  5. 49 Comoros 0.8208 million SLC per person compare
  6. 50 Algeria 0.7549 million SLC per person compare

See the full ranking of 192 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is gross domestic product — value standard local currency, per capita in Malawi?
Gross domestic product — value standard local currency, per capita in Malawi was 0.8778 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, per capita recorded in Malawi?
The highest recorded value was 0.8778 million SLC per person in 2024.
What is the lowest gross domestic product — value standard local currency, per capita recorded in Malawi?
The lowest recorded value was 0.0001 million SLC per person in 1970.
How does Malawi rank for gross domestic product — value standard local currency, per capita?
Malawi ranks 47th out of 192 countries with data for 2024.
Is gross domestic product — value standard local currency, per capita rising or falling in Malawi?
Over the last ten years it is up 373.2%. 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, per capita. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, per capita in Malawi. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-per-capita/malawi/

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How this figure is calculated

Gross Domestic Product — Value Standard Local Currency 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 ÷ Population, total

Computed from

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

Indicator
Gross Domestic Product — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 9,859 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.