Gross savings (current US$), annual growth rate in Malawi
Malawi: Gross savings (current US$), annual growth rate was -63.01 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Malawi, 2018–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current us$), annual growth rate in Malawi stood at -63.01 % change on previous year.
That represents a change of down 212.6% on the previous year and down 739.7% over ten years.
That places Malawi 173rd out of 177 countries with data for 2024, putting it in the bottom quarter.
Gross savings (current US$), annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2018 | 9.85 % change on previous year | — |
| 2019 | 186.45 % change on previous year | +1792.9% |
| 2020 | -71.1 % change on previous year | -138.1% |
| 2021 | -48.42 % change on previous year | -31.9% |
| 2022 | -293.05 % change on previous year | +505.2% |
| 2023 | 55.98 % change on previous year | -119.1% |
| 2024 | -63.01 % change on previous year | -212.6% |
Malawi compared with similar countries
- Malawi's -63.01 % change on previous year is below the median for low income countries, which is 16.9 % change on previous year. (20 countries reporting)
- Malawi's -63.01 % change on previous year is below the median for Sub-Saharan Africa, which is 9.13 % change on previous year. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 98.15 % change on previous year | 9.85 % change on previous year | 186.45 % change on previous year | 2 |
| 2020s | -83.92 % change on previous year | -293.05 % change on previous year | 55.98 % change on previous year | 5 |
Countries ranked near Malawi
- 170 Mozambique -30.54 % change on previous year compare
- 171 Lesotho -31.45 % change on previous year compare
- 172 Venezuela -33.74 % change on previous year
- 174 Seychelles -63.18 % change on previous year compare
- 175 Solomon Islands -80.1 % change on previous year compare
- 176 East Timor -123.37 % change on previous year compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is gross savings (current us$), annual growth rate in Malawi?
- Gross savings (current us$), annual growth rate in Malawi was -63.01 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Malawi?
- The highest recorded value was 186.45 % change on previous year in 2019.
- What is the lowest gross savings (current us$), annual growth rate recorded in Malawi?
- The lowest recorded value was -293.05 % change on previous year in 2022.
- How does Malawi rank for gross savings (current us$), annual growth rate?
- Malawi ranks 173rd out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Malawi?
- Over the last ten years it is down 739.7%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 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 savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.