Gross Domestic Product — Value US$ in Malawi

Malawi: Gross Domestic Product — Value US$ was 10,928 million USD in 2024. ◆ Volatile

Latest (2024)
10,928 million USD
Change on year
down 13.5%
World rank
144th
of 200 countries
All-time high
12,627 million USD
in 2023
All-time low
579.15 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Malawi, 1970–2024

02.5k5.0k7.5k10.0k12.5k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$ in Malawi is 10,928 million USD, measured in 2024.

Compared with earlier readings it is down 13.5% on the previous year and up 50.6% over ten years.

Over the whole period, gross domestic product — value us$ in Malawi peaked at 12,627 million USD in 2023 and was at its lowest, 579.15 million USD, in 1970.

Malawi ranks 144th of 200 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1,127 million USD 579.15 million USD 1,840 million USD 10
1980s 2,276 million USD 2,028 million USD 2,970 million USD 10
1990s 3,087 million USD 2,134 million USD 3,658 million USD 10
2000s 4,003 million USD 3,102 million USD 6,191 million USD 10
2010s 8,027 million USD 6,128 million USD 11,052 million USD 10
2020s 12,038 million USD 10,928 million USD 12,627 million USD 5

Countries ranked near Malawi

  1. 141 South Sudan, Republic of 12,979 million USD compare
  2. 142 Equatorial Guinea, Republic of 12,538 million USD compare
  3. 143 Somalia 12,506 million USD compare
  4. 145 Mauritania, Islamic Republic of 10,766 million USD compare
  5. 146 Monaco 10,764 million USD compare
  6. 147 Ethiopia PDR 10,722 million USD compare

See the full ranking of 252 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is gross domestic product — value us$ in Malawi?
Gross domestic product — value us$ in Malawi was 10,928 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Malawi?
The highest recorded value was 12,627 million USD in 2023.
What is the lowest gross domestic product — value us$ recorded in Malawi?
The lowest recorded value was 579.15 million USD in 1970.
How does Malawi rank for gross domestic product — value us$?
Malawi ranks 144th out of 200 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Malawi?
Over the last ten years it is up 50.6%. 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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Malawi. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/malawi/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).