Gross National Income — Value Standard Local Currency in Malawi
Malawi: Gross National Income — Value Standard Local Currency was 14.29 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Malawi, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Malawi is 14.29 million million SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 24.1% on the previous year and up 552.8% over ten years.
Over the whole period, gross national income — value standard local currency in Malawi peaked at 14.29 million million SLC in 2023 and was at its lowest, 471.61 million SLC, in 1970.
That places Malawi 39th out of 202 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Malawi, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 471.61 million SLC | — |
| 1971 | 600.44 million SLC | +27.3% |
| 1972 | 661.88 million SLC | +10.2% |
| 1973 | 659.16 million SLC | -0.4% |
| 1974 | 856.3 million SLC | +29.9% |
| 1975 | 976.46 million SLC | +14.0% |
| 1976 | 1,074 million SLC | +10.0% |
| 1977 | 1,274 million SLC | +18.6% |
| 1978 | 1,440 million SLC | +13.0% |
| 1979 | 1,440 million SLC | +0.1% |
| 1980 | 1,670 million SLC | +15.9% |
| 1981 | 1,868 million SLC | +11.9% |
| 1982 | 2,048 million SLC | +9.6% |
| 1983 | 2,338 million SLC | +14.1% |
| 1984 | 2,908 million SLC | +24.4% |
| 1985 | 3,322 million SLC | +14.2% |
| 1986 | 3,748 million SLC | +12.8% |
| 1987 | 4,495 million SLC | +19.9% |
| 1988 | 5,927 million SLC | +31.9% |
| 1989 | 7,339 million SLC | +23.8% |
| 1990 | 8,946 million SLC | +21.9% |
| 1991 | 10,796 million SLC | +20.7% |
| 1992 | 11,838 million SLC | +9.6% |
| 1993 | 15,825 million SLC | +33.7% |
| 1994 | 19,520 million SLC | +23.3% |
| 1995 | 35,432 million SLC | +81.5% |
| 1996 | 42,565 million SLC | +20.1% |
| 1997 | 78,068 million SLC | +83.4% |
| 1998 | 97,658 million SLC | +25.1% |
| 1999 | 139,336 million SLC | +42.7% |
| 2000 | 185,579 million SLC | +33.2% |
| 2001 | 219,766 million SLC | +18.4% |
| 2002 | 145,562 million SLC | -33.8% |
| 2003 | 168,650 million SLC | +15.9% |
| 2004 | 202,216 million SLC | +19.9% |
| 2005 | 240,588 million SLC | +19.0% |
| 2006 | 533,848 million SLC | +121.9% |
| 2007 | 609,344 million SLC | +14.1% |
| 2008 | 726,909 million SLC | +19.3% |
| 2009 | 856,735 million SLC | +17.9% |
| 2010 | 1.04 million million SLC | +21.0% |
| 2011 | 1.30 million million SLC | +25.7% |
| 2012 | 1.55 million million SLC | +18.8% |
| 2013 | 2.19 million million SLC | +41.4% |
| 2014 | 3.03 million million SLC | +38.3% |
| 2015 | 4.01 million million SLC | +32.4% |
| 2016 | 5.10 million million SLC | +27.3% |
| 2017 | 6.42 million million SLC | +25.9% |
| 2018 | 7.11 million million SLC | +10.8% |
| 2019 | 8.04 million million SLC | +13.0% |
| 2020 | 8.58 million million SLC | +6.7% |
| 2021 | 9.68 million million SLC | +12.8% |
| 2022 | 11.51 million million SLC | +18.9% |
| 2023 | 14.29 million million SLC | +24.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 945.38 million SLC | 471.61 million SLC | 1,440 million SLC | 10 |
| 1980s | 3,566 million SLC | 1,670 million SLC | 7,339 million SLC | 10 |
| 1990s | 45,999 million SLC | 8,946 million SLC | 139,336 million SLC | 10 |
| 2000s | 388,920 million SLC | 145,562 million SLC | 856,735 million SLC | 10 |
| 2010s | 3.98 million million SLC | 1.04 million million SLC | 8.04 million million SLC | 10 |
| 2020s | 11.02 million million SLC | 8.58 million million SLC | 14.29 million million SLC | 4 |
Countries ranked near Malawi
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 value added at basic prices (GVA) (current US$), annual growth 31.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.93 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 624.5 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 32.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,628 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.09 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.9 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7658 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Malawi?
- Gross national income — value standard local currency in Malawi was 14.29 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Malawi?
- The highest recorded value was 14.29 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Malawi?
- The lowest recorded value was 471.61 million SLC in 1970.
- How does Malawi rank for gross national income — value standard local currency?
- Malawi ranks 39th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Malawi?
- Over the last ten years it is up 552.8%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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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).