Malawi GDP
Malawi's GDP fell to $11.01 billion in 2024, down from $12.71 billion in 2023, according to World Bank. This represents a decrease of 13.4% ($1.7 billion) from the previous year and accounts for 0.01% of the world's total GDP. Malawi has GDP lower than the global median ($11.01 billion vs median $35.85 billion). Compared with the median in Africa, Malawi is lower ($11.01 billion vs regional median $20.75 billion) and ranks 37th out of 52 countries in Africa.
Malawi's GDP per capita fell to $552.5 in 2024, down from $556.74 in 2023.
Yearly Historical Data (1980-2024)
(in Billion USD)Malawi GDP : Definition
GDP measures the total value of all goods and services produced in Malawi, measured in current US dollars. It is also called Nominal GDP.