Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malawi
Malawi: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 1.83 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malawi, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, annual growth rate in Malawi is 1.83 % change on previous year, measured in 2024.
Compared with earlier readings it is up 24.4% on the previous year and down 84.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Malawi peaked at 14.38 % change on previous year in 1971 and was at its lowest, -11.59 % change on previous year, in 1994.
Malawi ranks 164th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.38 % change on previous year | — |
| 1972 | 10.17 % change on previous year | -29.3% |
| 1973 | 2.3 % change on previous year | -77.4% |
| 1974 | 7.44 % change on previous year | +223.5% |
| 1975 | 5.53 % change on previous year | -25.7% |
| 1976 | 6.23 % change on previous year | +12.6% |
| 1977 | 4.34 % change on previous year | -30.3% |
| 1978 | 8.31 % change on previous year | +91.7% |
| 1979 | 3.33 % change on previous year | -60.0% |
| 1980 | 9.37 % change on previous year | +181.7% |
| 1981 | -10.81 % change on previous year | -215.3% |
| 1982 | 1.44 % change on previous year | -113.4% |
| 1983 | 4.21 % change on previous year | +192.0% |
| 1984 | 3.92 % change on previous year | -7.0% |
| 1985 | 4.71 % change on previous year | +20.1% |
| 1986 | 2.03 % change on previous year | -56.8% |
| 1987 | -0.9905 % change on previous year | -148.7% |
| 1988 | 3.29 % change on previous year | -432.0% |
| 1989 | 4.06 % change on previous year | +23.6% |
| 1990 | 4.77 % change on previous year | +17.4% |
| 1991 | 7.8 % change on previous year | +63.5% |
| 1992 | -7.92 % change on previous year | -201.5% |
| 1993 | 10.77 % change on previous year | -236.0% |
| 1994 | -11.59 % change on previous year | -207.6% |
| 1995 | 9.02 % change on previous year | -177.9% |
| 1996 | 9.67 % change on previous year | +7.2% |
| 1997 | 3.79 % change on previous year | -60.8% |
| 1998 | 1.2 % change on previous year | -68.3% |
| 1999 | 1.24 % change on previous year | +3.1% |
| 2000 | 1.58 % change on previous year | +27.4% |
| 2001 | -4.8 % change on previous year | -403.6% |
| 2002 | 2.66 % change on previous year | -155.4% |
| 2003 | 5.71 % change on previous year | +114.9% |
| 2004 | 5.42 % change on previous year | -5.0% |
| 2005 | 3.27 % change on previous year | -39.7% |
| 2006 | 4.7 % change on previous year | +43.8% |
| 2007 | 9.6 % change on previous year | +104.3% |
| 2008 | 7.64 % change on previous year | -20.4% |
| 2009 | 8.33 % change on previous year | +9.0% |
| 2010 | 6.87 % change on previous year | -17.5% |
| 2011 | 10.12 % change on previous year | +47.2% |
| 2012 | 4.39 % change on previous year | -56.6% |
| 2013 | 11.59 % change on previous year | +164.2% |
| 2014 | 11.54 % change on previous year | -0.4% |
| 2015 | 8.46 % change on previous year | -26.7% |
| 2016 | 7.84 % change on previous year | -7.4% |
| 2017 | 10.5 % change on previous year | +34.0% |
| 2018 | 4.35 % change on previous year | -58.5% |
| 2019 | 5.72 % change on previous year | +31.3% |
| 2020 | 0.7935 % change on previous year | -86.1% |
| 2021 | 4.56 % change on previous year | +474.6% |
| 2022 | 1.21 % change on previous year | -73.4% |
| 2023 | 1.47 % change on previous year | +21.2% |
| 2024 | 1.83 % change on previous year | +24.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.89 % change on previous year | 2.3 % change on previous year | 14.38 % change on previous year | 9 |
| 1980s | 2.12 % change on previous year | -10.81 % change on previous year | 9.37 % change on previous year | 10 |
| 1990s | 2.88 % change on previous year | -11.59 % change on previous year | 10.77 % change on previous year | 10 |
| 2000s | 4.41 % change on previous year | -4.8 % change on previous year | 9.6 % change on previous year | 10 |
| 2010s | 8.14 % change on previous year | 4.35 % change on previous year | 11.59 % change on previous year | 10 |
| 2020s | 1.97 % change on previous year | 0.7935 % change on previous year | 4.56 % change on previous year | 5 |
Countries ranked near Malawi
- 161 Tonga 2.02 % change on previous year compare
- 162 Portugal 1.93 % change on previous year compare
- 163 Mozambique 1.85 % change on previous year compare
- 165 Saudi Arabia 1.81 % change on previous year compare
- 166 Nauru 1.76 % change on previous year compare
- 166 Nauru 1.76 % change on previous year 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, annual growth rate in Malawi?
- Gross domestic product — value us$, 2015 prices, annual growth rate in Malawi was 1.83 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Malawi?
- The highest recorded value was 14.38 % change on previous year in 1971.
- What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Malawi?
- The lowest recorded value was -11.59 % change on previous year in 1994.
- How does Malawi rank for gross domestic product — value us$, 2015 prices, annual growth rate?
- Malawi ranks 164th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Malawi?
- Over the last ten years it is down 84.2%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$, 2015 prices 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.