Gross Domestic Product — Value US$, 2015 prices in Malawi
Malawi: Gross Domestic Product — Value US$, 2015 prices was 11,903 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Malawi, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Malawi stood at 11,903 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 57.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Malawi peaked at 11,903 million USD in 2024 and was at its lowest, 1,133 million USD, in 1970.
Malawi ranks 141st of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Malawi, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,133 million USD | — |
| 1971 | 1,296 million USD | +14.4% |
| 1972 | 1,427 million USD | +10.2% |
| 1973 | 1,460 million USD | +2.3% |
| 1974 | 1,569 million USD | +7.4% |
| 1975 | 1,656 million USD | +5.5% |
| 1976 | 1,759 million USD | +6.2% |
| 1977 | 1,835 million USD | +4.3% |
| 1978 | 1,988 million USD | +8.3% |
| 1979 | 2,054 million USD | +3.3% |
| 1980 | 2,246 million USD | +9.4% |
| 1981 | 2,003 million USD | -10.8% |
| 1982 | 2,032 million USD | +1.4% |
| 1983 | 2,118 million USD | +4.2% |
| 1984 | 2,201 million USD | +3.9% |
| 1985 | 2,305 million USD | +4.7% |
| 1986 | 2,351 million USD | +2.0% |
| 1987 | 2,328 million USD | -1.0% |
| 1988 | 2,405 million USD | +3.3% |
| 1989 | 2,502 million USD | +4.1% |
| 1990 | 2,622 million USD | +4.8% |
| 1991 | 2,826 million USD | +7.8% |
| 1992 | 2,602 million USD | -7.9% |
| 1993 | 2,883 million USD | +10.8% |
| 1994 | 2,549 million USD | -11.6% |
| 1995 | 2,779 million USD | +9.0% |
| 1996 | 3,047 million USD | +9.7% |
| 1997 | 3,163 million USD | +3.8% |
| 1998 | 3,201 million USD | +1.2% |
| 1999 | 3,241 million USD | +1.2% |
| 2000 | 3,292 million USD | +1.6% |
| 2001 | 3,134 million USD | -4.8% |
| 2002 | 3,217 million USD | +2.7% |
| 2003 | 3,401 million USD | +5.7% |
| 2004 | 3,585 million USD | +5.4% |
| 2005 | 3,702 million USD | +3.3% |
| 2006 | 3,876 million USD | +4.7% |
| 2007 | 4,248 million USD | +9.6% |
| 2008 | 4,573 million USD | +7.6% |
| 2009 | 4,954 million USD | +8.3% |
| 2010 | 5,294 million USD | +6.9% |
| 2011 | 5,830 million USD | +10.1% |
| 2012 | 6,086 million USD | +4.4% |
| 2013 | 6,791 million USD | +11.6% |
| 2014 | 7,575 million USD | +11.5% |
| 2015 | 8,216 million USD | +8.5% |
| 2016 | 8,860 million USD | +7.8% |
| 2017 | 9,790 million USD | +10.5% |
| 2018 | 10,216 million USD | +4.4% |
| 2019 | 10,800 million USD | +5.7% |
| 2020 | 10,886 million USD | +0.8% |
| 2021 | 11,382 million USD | +4.6% |
| 2022 | 11,520 million USD | +1.2% |
| 2023 | 11,689 million USD | +1.5% |
| 2024 | 11,903 million USD | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,618 million USD | 1,133 million USD | 2,054 million USD | 10 |
| 1980s | 2,249 million USD | 2,003 million USD | 2,502 million USD | 10 |
| 1990s | 2,891 million USD | 2,549 million USD | 3,241 million USD | 10 |
| 2000s | 3,798 million USD | 3,134 million USD | 4,954 million USD | 10 |
| 2010s | 7,946 million USD | 5,294 million USD | 10,800 million USD | 10 |
| 2020s | 11,476 million USD | 10,886 million USD | 11,903 million USD | 5 |
Countries ranked near Malawi
- 138 Bahamas 12,823 million USD compare
- 139 Namibia 12,186 million USD compare
- 140 North Macedonia 12,009 million USD compare
- 142 Palestine, State of 10,850 million USD compare
- 143 Congo 10,682 million USD compare
- 144 Kyrgyzstan 10,339 million USD 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)
- Gross domestic savings (current US$), annual growth rate 28.44 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0237 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -15.9 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 27.92 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP -41.46 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita -27,842 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.71 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8979 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Malawi?
- Gross domestic product — value us$, 2015 prices in Malawi was 11,903 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Malawi?
- The highest recorded value was 11,903 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Malawi?
- The lowest recorded value was 1,133 million USD in 1970.
- How does Malawi rank for gross domestic product — value us$, 2015 prices?
- Malawi ranks 141st out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Malawi?
- Over the last ten years it is up 57.1%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).