Value Added (Total Manufacturing) — Value Standard Local Currency in Malawi
Malawi: Value Added (Total Manufacturing) — Value Standard Local Currency was 1.69 million million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — 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 value added (total manufacturing) — value standard local currency in Malawi is 1.69 million million SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 34.4% on the previous year and up 627.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Malawi peaked at 1.69 million million SLC in 2023 and was at its lowest, 60.42 million SLC, in 1970.
That places Malawi 53rd out of 231 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.
Value Added (Total Manufacturing) — Value Standard Local Currency in Malawi, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 60.42 million SLC | — |
| 1971 | 65.69 million SLC | +8.7% |
| 1972 | 80.55 million SLC | +22.6% |
| 1973 | 102.61 million SLC | +27.4% |
| 1974 | 134.74 million SLC | +31.3% |
| 1975 | 165.66 million SLC | +23.0% |
| 1976 | 184.13 million SLC | +11.1% |
| 1977 | 198.75 million SLC | +7.9% |
| 1978 | 237.59 million SLC | +19.5% |
| 1979 | 263.96 million SLC | +11.1% |
| 1980 | 379.52 million SLC | +43.8% |
| 1981 | 386.23 million SLC | +1.8% |
| 1982 | 373.76 million SLC | -3.2% |
| 1983 | 372.57 million SLC | -0.3% |
| 1984 | 588.1 million SLC | +57.9% |
| 1985 | 647.56 million SLC | +10.1% |
| 1986 | 823.05 million SLC | +27.1% |
| 1987 | 1,064 million SLC | +29.3% |
| 1988 | 1,338 million SLC | +25.7% |
| 1989 | 1,471 million SLC | +9.9% |
| 1990 | 1,823 million SLC | +23.9% |
| 1991 | 2,147 million SLC | +17.8% |
| 1992 | 2,635 million SLC | +22.7% |
| 1993 | 2,789 million SLC | +5.9% |
| 1994 | 3,413 million SLC | +22.4% |
| 1995 | 6,371 million SLC | +86.7% |
| 1996 | 9,648 million SLC | +51.4% |
| 1997 | 11,771 million SLC | +22.0% |
| 1998 | 14,984 million SLC | +27.3% |
| 1999 | 20,901 million SLC | +39.5% |
| 2000 | 26,505 million SLC | +26.8% |
| 2001 | 28,397 million SLC | +7.1% |
| 2002 | 33,210 million SLC | +16.9% |
| 2003 | 42,217 million SLC | +27.1% |
| 2004 | 42,689 million SLC | +1.1% |
| 2005 | 44,514 million SLC | +4.3% |
| 2006 | 67,451 million SLC | +51.5% |
| 2007 | 86,544 million SLC | +28.3% |
| 2008 | 87,620 million SLC | +1.2% |
| 2009 | 90,708 million SLC | +3.5% |
| 2010 | 103,789 million SLC | +14.4% |
| 2011 | 136,567 million SLC | +31.6% |
| 2012 | 159,618 million SLC | +16.9% |
| 2013 | 232,196 million SLC | +45.5% |
| 2014 | 330,682 million SLC | +42.4% |
| 2015 | 456,319 million SLC | +38.0% |
| 2016 | 578,394 million SLC | +26.8% |
| 2017 | 737,836 million SLC | +27.6% |
| 2018 | 826,200 million SLC | +12.0% |
| 2019 | 949,979 million SLC | +15.0% |
| 2020 | 1.06 million million SLC | +12.0% |
| 2021 | 1.19 million million SLC | +11.5% |
| 2022 | 1.26 million million SLC | +6.0% |
| 2023 | 1.69 million million SLC | +34.4% |
Malawi compared with similar countries
- Malawi's 1.69 million million SLC is above the median for low income countries, which is 1.14 million million SLC, 1.5× the median. (23 countries reporting)
- Malawi's 1.69 million million SLC is above the median for Sub-Saharan Africa, which is 756,855 million SLC, 2.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 149.41 million SLC | 60.42 million SLC | 263.96 million SLC | 10 |
| 1980s | 744.44 million SLC | 372.57 million SLC | 1,471 million SLC | 10 |
| 1990s | 7,648 million SLC | 1,823 million SLC | 20,901 million SLC | 10 |
| 2000s | 54,985 million SLC | 26,505 million SLC | 90,708 million SLC | 10 |
| 2010s | 451,158 million SLC | 103,789 million SLC | 949,979 million SLC | 10 |
| 2020s | 1.30 million million SLC | 1.06 million million SLC | 1.69 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)
- 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 value added (total manufacturing) — value standard local currency in Malawi?
- Value added (total manufacturing) — value standard local currency in Malawi was 1.69 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Malawi?
- The highest recorded value was 1.69 million million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Malawi?
- The lowest recorded value was 60.42 million SLC in 1970.
- How does Malawi rank for value added (total manufacturing) — value standard local currency?
- Malawi ranks 53rd out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Malawi?
- Over the last ten years it is up 627.1%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).