GDP (current US$) (UNESCO Institute) in Malawi

Malawi: GDP (current US$) (UNESCO Institute) was 11.01 billion current US$ in 2024. ◆ Volatile

Latest (2024)
11.01 billion current US$
Change on year
down 13.4%
World rank
152nd
of 211 countries
All-time high
12.71 billion current US$
in 2023
All-time low
1.65 billion current US$
in 1985
Years of data
45
1980–2024

GDP in Malawi, 1980–2024

2.5B5.0B7.5B10.0B12.5B1980200220241980: 1.8B current US$1981: 1.8B current US$1982: 1.7B current US$1983: 1.8B current US$1984: 1.8B current US$1985: 1.6B current US$1986: 1.7B current US$1987: 1.7B current US$1988: 2.0B current US$1989: 2.3B current US$1990: 2.7B current US$1991: 3.2B current US$1992: 2.6B current US$1993: 3.0B current US$1994: 1.7B current US$1995: 2.0B current US$1996: 3.3B current US$1997: 3.9B current US$1998: 2.5B current US$1999: 2.6B current US$2000: 2.5B current US$2001: 2.5B current US$2002: 5.1B current US$2003: 4.7B current US$2004: 5.1B current US$2005: 5.3B current US$2006: 5.8B current US$2007: 6.5B current US$2008: 7.7B current US$2009: 9.0B current US$2010: 10.1B current US$2011: 11.6B current US$2012: 8.8B current US$2013: 8.0B current US$2014: 8.8B current US$2015: 9.2B current US$2016: 7.9B current US$2017: 8.9B current US$2018: 9.9B current US$2019: 11.1B current US$2020: 11.8B current US$2021: 12.4B current US$2022: 12.4B current US$2023: 12.7B current US$2024: 11.0B current US$

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Malawi recorded 11.01 billion current US$ for gdp in 2024.

That represents a change of down 13.4% on the previous year and up 25.1% over ten years.

Over the whole period, gdp in Malawi peaked at 12.71 billion current US$ in 2023 and was at its lowest, 1.65 billion current US$, in 1985.

Malawi ranks 152nd of 211 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 (current US$) (UNESCO Institute) in Malawi, year by year

Annual values for GDP (current US$) in Malawi, 1980 to 2024.
Year current US$ Change
1980 1.80 billion current US$ —
1981 1.80 billion current US$ +0.0%
1982 1.72 billion current US$ -4.7%
1983 1.78 billion current US$ +3.7%
1984 1.76 billion current US$ -1.2%
1985 1.65 billion current US$ -6.3%
1986 1.72 billion current US$ +4.6%
1987 1.72 billion current US$ -0.1%
1988 2.01 billion current US$ +16.6%
1989 2.31 billion current US$ +15.2%
1990 2.74 billion current US$ +18.3%
1991 3.21 billion current US$ +17.2%
1992 2.62 billion current US$ -18.3%
1993 3.01 billion current US$ +15.1%
1994 1.72 billion current US$ -42.9%
1995 2.03 billion current US$ +18.2%
1996 3.32 billion current US$ +63.2%
1997 3.88 billion current US$ +16.8%
1998 2.55 billion current US$ -34.3%
1999 2.58 billion current US$ +1.4%
2000 2.54 billion current US$ -1.8%
2001 2.50 billion current US$ -1.5%
2002 5.09 billion current US$ +103.7%
2003 4.67 billion current US$ -8.2%
2004 5.06 billion current US$ +8.3%
2005 5.32 billion current US$ +5.2%
2006 5.82 billion current US$ +9.4%
2007 6.45 billion current US$ +10.9%
2008 7.74 billion current US$ +20.0%
2009 9.01 billion current US$ +16.4%
2010 10.13 billion current US$ +12.4%
2011 11.65 billion current US$ +15.0%
2012 8.77 billion current US$ -24.7%
2013 8.03 billion current US$ -8.5%
2014 8.80 billion current US$ +9.6%
2015 9.22 billion current US$ +4.8%
2016 7.91 billion current US$ -14.2%
2017 8.94 billion current US$ +13.1%
2018 9.88 billion current US$ +10.5%
2019 11.05 billion current US$ +11.9%
2020 11.77 billion current US$ +6.5%
2021 12.38 billion current US$ +5.2%
2022 12.43 billion current US$ +0.4%
2023 12.71 billion current US$ +2.3%
2024 11.01 billion current US$ -13.4%

Malawi compared with similar countries

  • Malawi's 11.01 billion current US$ is below the median for low income countries, which is 17.29 billion current US$, 64% of the median. (24 countries reporting)
  • Malawi's 11.01 billion current US$ is below the median for Sub-Saharan Africa, which is 18.41 billion current US$, 60% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$) (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 +103.7% 2.50 billion current US$ 5.09 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.83 billion current US$ 1.65 billion current US$ 2.31 billion current US$ 10
1990s 2.77 billion current US$ 1.72 billion current US$ 3.88 billion current US$ 10
2000s 5.42 billion current US$ 2.50 billion current US$ 9.01 billion current US$ 10
2010s 9.44 billion current US$ 7.91 billion current US$ 11.65 billion current US$ 10
2020s 12.06 billion current US$ 11.01 billion current US$ 12.71 billion current US$ 5

Countries ranked near Malawi

  1. 149 Equatorial Guinea 12.77 billion current US$ compare
  2. 150 Somalia 12.11 billion current US$ compare
  3. 151 South Sudan 12.00 billion current US$ compare
  4. 153 Mauritania 10.77 billion current US$ compare
  5. 154 Monaco 10.00 billion current US$ compare
  6. 155 Togo 9.93 billion current US$ 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 11.01 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Malawi?
The highest recorded value was 12.71 billion current US$ in 2023.
What is the lowest gdp recorded in Malawi?
The lowest recorded value was 1.65 billion current US$ in 1985.
How does Malawi rank for gdp?
Malawi ranks 152nd out of 211 countries with data for 2024.
Is gdp rising or falling in Malawi?
Over the last ten years it is up 25.1%. 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 US$). 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-us-2/malawi/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release