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Malawi

Economy overviewAfrica

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GDP1.7%
Inflation32.2%
Unemploy.5.1%
Debt87.6%
Invest.14.5%
Fiscal-11% GDP
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GDP Growth
1.7%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$1k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$2k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
2%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$11.3bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
1.7%
2023
1.9%
2022
0.9%
2021
4.6%
2020
0.8%
2019
5.7%
2018
4.4%
2017
4%
2016
2.5%
2015
2.8%
2014

Compare with peers

🇿🇦
South Africa
GDP: 0.5%
🇳🇬
Nigeria
GDP: 4.1%
🇪🇬
Egypt
GDP: 2.4%
🇪🇹
Ethiopia
GDP: 7.6%
🇰🇪
Kenya
GDP: 4.7%
🇬🇭
Ghana
GDP: 5.6%