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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)
Year GDP (Billion USD)
2024 11.01
2023 12.71
2022 12.43
2021 12.38
2020 11.77
2019 11.05
2018 9.88
2017 8.94
2016 7.91
2015 9.22
2014 8.8
2013 8.03
2012 8.77
2011 11.65
2010 10.13
2009 9.01
2008 7.74
2007 6.45
2006 5.82
2005 5.32
2004 5.06
2003 4.67
2002 5.09
2001 2.5
2000 2.54
1999 2.58
1998 2.55
1997 3.88
1996 3.32
1995 2.03
1994 1.72
1993 3.01
1992 2.62
1991 3.21
1990 2.74
1989 2.31
1988 2.01
1987 1.72
1986 1.72
1985 1.65
1984 1.76
1983 1.78
1982 1.72
1981 1.8
1980 1.8
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.