GDP at market prices (constant 2010 US$) in Malawi
Malawi: GDP at market prices (constant 2010 US$) was 11.96 billion constant 2010 US$ in 2024. ◆ Volatile
Latest (2024)
11.96 billion constant 2010 US$
Change on year
up 1.8%
World rank
145th
of 208 countries
All-time high
11.96 billion constant 2010 US$
in 2024
All-time low
1.49 billion constant 2010 US$
in 1970
Years of data
55
1970–2024
GDP at market prices in Malawi, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
In 2024, gdp at market prices in Malawi stood at 11.96 billion constant 2010 US$. That is the highest value across all 55 years on record.
The figure is up 1.8% on the previous year and up 33.4% over ten years.
Over the whole period, gdp at market prices in Malawi peaked at 11.96 billion constant 2010 US$ in 2024 and was at its lowest, 1.49 billion constant 2010 US$, in 1970.
Malawi ranks 145th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$) in Malawi, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 1.49 billion constant 2010 US$ | — |
| 1971 | 1.73 billion constant 2010 US$ | +16.2% |
| 1972 | 1.84 billion constant 2010 US$ | +6.2% |
| 1973 | 1.89 billion constant 2010 US$ | +2.3% |
| 1974 | 2.02 billion constant 2010 US$ | +7.2% |
| 1975 | 2.14 billion constant 2010 US$ | +6.1% |
| 1976 | 2.25 billion constant 2010 US$ | +5.0% |
| 1977 | 2.36 billion constant 2010 US$ | +4.9% |
| 1978 | 2.59 billion constant 2010 US$ | +9.7% |
| 1979 | 2.71 billion constant 2010 US$ | +4.4% |
| 1980 | 2.72 billion constant 2010 US$ | +0.4% |
| 1981 | 2.57 billion constant 2010 US$ | -5.3% |
| 1982 | 2.64 billion constant 2010 US$ | +2.5% |
| 1983 | 2.73 billion constant 2010 US$ | +3.7% |
| 1984 | 2.88 billion constant 2010 US$ | +5.4% |
| 1985 | 3.01 billion constant 2010 US$ | +4.6% |
| 1986 | 3.01 billion constant 2010 US$ | -0.2% |
| 1987 | 3.06 billion constant 2010 US$ | +1.6% |
| 1988 | 3.15 billion constant 2010 US$ | +3.2% |
| 1989 | 3.20 billion constant 2010 US$ | +1.3% |
| 1990 | 3.38 billion constant 2010 US$ | +5.7% |
| 1991 | 3.67 billion constant 2010 US$ | +8.7% |
| 1992 | 3.40 billion constant 2010 US$ | -7.3% |
| 1993 | 3.73 billion constant 2010 US$ | +9.7% |
| 1994 | 3.35 billion constant 2010 US$ | -10.2% |
| 1995 | 3.91 billion constant 2010 US$ | +16.7% |
| 1996 | 4.20 billion constant 2010 US$ | +7.3% |
| 1997 | 4.36 billion constant 2010 US$ | +3.8% |
| 1998 | 4.53 billion constant 2010 US$ | +3.9% |
| 1999 | 4.66 billion constant 2010 US$ | +3.0% |
| 2000 | 4.74 billion constant 2010 US$ | +1.6% |
| 2001 | 4.50 billion constant 2010 US$ | -5.0% |
| 2002 | 4.58 billion constant 2010 US$ | +1.7% |
| 2003 | 4.84 billion constant 2010 US$ | +5.7% |
| 2004 | 5.10 billion constant 2010 US$ | +5.4% |
| 2005 | 5.27 billion constant 2010 US$ | +3.3% |
| 2006 | 5.52 billion constant 2010 US$ | +4.7% |
| 2007 | 6.04 billion constant 2010 US$ | +9.6% |
| 2008 | 6.51 billion constant 2010 US$ | +7.6% |
| 2009 | 7.05 billion constant 2010 US$ | +8.3% |
| 2010 | 7.53 billion constant 2010 US$ | +6.9% |
| 2011 | 7.90 billion constant 2010 US$ | +4.9% |
| 2012 | 8.05 billion constant 2010 US$ | +1.9% |
| 2013 | 8.49 billion constant 2010 US$ | +5.4% |
| 2014 | 8.97 billion constant 2010 US$ | +5.6% |
| 2015 | 9.22 billion constant 2010 US$ | +2.8% |
| 2016 | 9.45 billion constant 2010 US$ | +2.5% |
| 2017 | 9.83 billion constant 2010 US$ | +4.0% |
| 2018 | 10.26 billion constant 2010 US$ | +4.4% |
| 2019 | 10.84 billion constant 2010 US$ | +5.7% |
| 2020 | 10.93 billion constant 2010 US$ | +0.8% |
| 2021 | 11.43 billion constant 2010 US$ | +4.6% |
| 2022 | 11.53 billion constant 2010 US$ | +0.9% |
| 2023 | 11.75 billion constant 2010 US$ | +1.9% |
| 2024 | 11.96 billion constant 2010 US$ | +1.8% |
Malawi compared with similar countries
- Malawi's 11.96 billion constant 2010 US$ is below the median for low income countries, which is 15.47 billion constant 2010 US$, 77% of the median. (24 countries reporting)
- Malawi's 11.96 billion constant 2010 US$ is below the median for Sub-Saharan Africa, which is 15.37 billion constant 2010 US$, 78% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.10 billion constant 2010 US$ | 1.49 billion constant 2010 US$ | 2.71 billion constant 2010 US$ | 10 |
| 1980s | 2.90 billion constant 2010 US$ | 2.57 billion constant 2010 US$ | 3.20 billion constant 2010 US$ | 10 |
| 1990s | 3.92 billion constant 2010 US$ | 3.35 billion constant 2010 US$ | 4.66 billion constant 2010 US$ | 10 |
| 2000s | 5.41 billion constant 2010 US$ | 4.50 billion constant 2010 US$ | 7.05 billion constant 2010 US$ | 10 |
| 2010s | 9.05 billion constant 2010 US$ | 7.53 billion constant 2010 US$ | 10.84 billion constant 2010 US$ | 10 |
| 2020s | 11.52 billion constant 2010 US$ | 10.93 billion constant 2010 US$ | 11.96 billion constant 2010 US$ | 5 |
Countries ranked near Malawi
- 142 Namibia 12.22 billion constant 2010 US$ compare
- 143 North Macedonia 12.01 billion constant 2010 US$ compare
- 144 South Sudan 12.00 billion constant 2010 US$ compare
- 146 Palestine 10.96 billion constant 2010 US$ compare
- 147 Congo 10.64 billion constant 2010 US$ compare
- 148 Kyrgyzstan 10.05 billion constant 2010 US$ compare
More population data for Malawi
- Population regions with projections, annual growth rate 0.4293 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.1183 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.4293 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.3622 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 37,159 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.45 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.2289 % change on previous year (2100)
- Population growth rate 0.423 (2100)
- Population density 627.29 (2100)
- Projected population under age 5 3.85 million (2100)
Frequently asked questions
- What is gdp at market prices in Malawi?
- Gdp at market prices in Malawi was 11.96 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Malawi?
- The highest recorded value was 11.96 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Malawi?
- The lowest recorded value was 1.49 billion constant 2010 US$ in 1970.
- How does Malawi rank for gdp at market prices?
- Malawi ranks 145th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Malawi?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
February 2026 Data Release