GDP (current LCU) (UNESCO Institute) in Malawi

Malawi: GDP (current LCU) (UNESCO Institute) was 19.14 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
19.14 trillion current LCU
Change on year
up 29.7%
World rank
44th
of 211 countries
All-time high
19.14 trillion current LCU
in 2024
All-time low
1.46 billion current LCU
in 1980
Years of data
45
1980–2024

GDP in Malawi, 1980–2024

05.0T10.0T15.0T20.0T1980200220241980: 1.5B current LCU1981: 1.6B current LCU1982: 1.8B current LCU1983: 2.1B current LCU1984: 2.5B current LCU1985: 2.8B current LCU1986: 3.2B current LCU1987: 3.8B current LCU1988: 5.1B current LCU1989: 6.4B current LCU1990: 7.5B current LCU1991: 9.0B current LCU1992: 9.4B current LCU1993: 13.3B current LCU1994: 15.0B current LCU1995: 31.1B current LCU1996: 50.8B current LCU1997: 63.7B current LCU1998: 79.2B current LCU1999: 113.9B current LCU2000: 151.1B current LCU2001: 180.3B current LCU2002: 390.1B current LCU2003: 455.0B current LCU2004: 550.9B current LCU2005: 630.0B current LCU2006: 791.4B current LCU2007: 902.9B current LCU2008: 1.1T current LCU2009: 1.3T current LCU2010: 1.5T current LCU2011: 1.8T current LCU2012: 2.2T current LCU2013: 2.9T current LCU2014: 3.7T current LCU2015: 4.6T current LCU2016: 5.7T current LCU2017: 6.5T current LCU2018: 7.2T current LCU2019: 8.2T current LCU2020: 8.8T current LCU2021: 10.0T current LCU2022: 11.8T current LCU2023: 14.8T current LCU2024: 19.1T current LCU

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

Malawi recorded 19.14 trillion current LCU for gdp in 2024. That is the highest value across all 45 years on record.

The figure is up 29.7% on the previous year and up 411.7% over ten years.

Over the whole period, gdp in Malawi peaked at 19.14 trillion current LCU in 2024 and was at its lowest, 1.46 billion current LCU, in 1980.

Malawi ranks 44th of 211 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU) (UNESCO Institute) in Malawi, year by year

Annual values for GDP (current LCU) in Malawi, 1980 to 2024.
Year current LCU Change
1980 1.46 billion current LCU —
1981 1.61 billion current LCU +10.2%
1982 1.81 billion current LCU +12.4%
1983 2.09 billion current LCU +15.4%
1984 2.48 billion current LCU +18.8%
1985 2.83 billion current LCU +13.9%
1986 3.21 billion current LCU +13.3%
1987 3.80 billion current LCU +18.6%
1988 5.14 billion current LCU +35.3%
1989 6.39 billion current LCU +24.2%
1990 7.47 billion current LCU +17.0%
1991 8.99 billion current LCU +20.4%
1992 9.44 billion current LCU +5.0%
1993 13.27 billion current LCU +40.6%
1994 15.03 billion current LCU +13.3%
1995 31.08 billion current LCU +106.9%
1996 50.82 billion current LCU +63.5%
1997 63.73 billion current LCU +25.4%
1998 79.16 billion current LCU +24.2%
1999 113.94 billion current LCU +43.9%
2000 151.08 billion current LCU +32.6%
2001 180.35 billion current LCU +19.4%
2002 390.11 billion current LCU +116.3%
2003 455.04 billion current LCU +16.6%
2004 550.92 billion current LCU +21.1%
2005 630.04 billion current LCU +14.4%
2006 791.37 billion current LCU +25.6%
2007 902.89 billion current LCU +14.1%
2008 1.09 trillion current LCU +20.5%
2009 1.27 trillion current LCU +16.9%
2010 1.52 trillion current LCU +19.8%
2011 1.82 trillion current LCU +19.6%
2012 2.19 trillion current LCU +19.9%
2013 2.93 trillion current LCU +33.9%
2014 3.74 trillion current LCU +27.8%
2015 4.61 trillion current LCU +23.2%
2016 5.68 trillion current LCU +23.3%
2017 6.53 trillion current LCU +15.0%
2018 7.23 trillion current LCU +10.8%
2019 8.24 trillion current LCU +13.9%
2020 8.82 trillion current LCU +7.1%
2021 9.98 trillion current LCU +13.1%
2022 11.80 trillion current LCU +18.2%
2023 14.76 trillion current LCU +25.1%
2024 19.14 trillion current LCU +29.7%

Malawi compared with similar countries

  • Malawi's 19.14 trillion current LCU is above the median for low income countries, which is 11.80 trillion current LCU, 1.6× the median. (24 countries reporting)
  • Malawi's 19.14 trillion current LCU is above the median for Sub-Saharan Africa, which is 8.64 trillion current LCU, 2.2× the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU) (UNESCO Institute) in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +116.3% 180.35 billion current LCU 390.11 billion current LCU
1995 +106.9% 15.03 billion current LCU 31.08 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.08 billion current LCU 1.46 billion current LCU 6.39 billion current LCU 10
1990s 39.29 billion current LCU 7.47 billion current LCU 113.94 billion current LCU 10
2000s 641.18 billion current LCU 151.08 billion current LCU 1.27 trillion current LCU 10
2010s 4.45 trillion current LCU 1.52 trillion current LCU 8.24 trillion current LCU 10
2020s 12.90 trillion current LCU 8.82 trillion current LCU 19.14 trillion current LCU 5

Countries ranked near Malawi

  1. 41 United States 29.18 trillion current LCU compare
  2. 42 Philippines 26.45 trillion current LCU compare
  3. 43 Senegal 19.57 trillion current LCU compare
  4. 45 Rwanda 18.79 trillion current LCU compare
  5. 46 Thailand 18.58 trillion current LCU compare
  6. 47 Kenya 16.79 trillion current LCU compare

See the full ranking of 211 places →

More population data for Malawi

All data for Malawi →

Frequently asked questions

What is gdp in Malawi?
Gdp in Malawi was 19.14 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Malawi?
The highest recorded value was 19.14 trillion current LCU in 2024.
What is the lowest gdp recorded in Malawi?
The lowest recorded value was 1.46 billion current LCU in 1980.
How does Malawi rank for gdp?
Malawi ranks 44th out of 211 countries with data for 2024.
Is gdp rising or falling in Malawi?
Over the last ten years it is up 411.7%. 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 (current LCU). Statizoid updates them automatically from the source API.

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GDP in Malawi. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/malawi/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release