Malawi - GDP

GDP (current US$)

The latest value for GDP (current US$) in Malawi was $12,182,350,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $12,182,350,000 in 2020 and $162,956,700 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $162,956,700
1961 $174,576,500
1962 $183,116,300
1963 $190,816,200
1964 $194,736,100
1965 $229,455,400
1966 $260,394,800
1967 $269,815,000
1968 $245,169,800
1969 $265,810,600
1970 $290,531,600
1971 $365,386,900
1972 $406,062,900
1973 $444,281,700
1974 $548,621,000
1975 $613,220,700
1976 $670,317,600
1977 $806,290,800
1978 $949,034,000
1979 $1,058,269,000
1980 $1,237,655,000
1981 $1,237,686,000
1982 $1,180,104,000
1983 $1,223,187,000
1984 $1,208,009,000
1985 $1,131,348,000
1986 $1,183,655,000
1987 $1,183,094,000
1988 $1,379,924,000
1989 $1,590,216,000
1990 $1,880,772,000
1991 $2,203,546,000
1992 $1,799,517,000
1993 $2,070,637,000
1994 $1,181,803,000
1995 $1,397,458,000
1996 $2,281,034,000
1997 $2,663,235,000
1998 $1,750,584,000
1999 $1,775,922,000
2000 $1,743,507,000
2001 $1,716,503,000
2002 $3,495,748,000
2003 $3,208,837,000
2004 $3,476,094,000
2005 $3,655,910,000
2006 $3,998,020,000
2007 $4,432,937,000
2008 $5,321,012,000
2009 $6,191,128,000
2010 $6,959,655,000
2011 $8,004,001,000
2012 $6,028,488,000
2013 $5,518,881,000
2014 $6,047,814,000
2015 $6,373,213,000
2016 $5,433,040,000
2017 $8,943,543,000
2018 $9,880,675,000
2019 $11,025,360,000
2020 $12,182,350,000

GDP (current LCU)

The value for GDP (current LCU) in Malawi was 9,131,010,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 9,131,010,000,000 in 2020 and a minimum value of 116,400,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 116,400,000
1961 124,700,000
1962 130,800,000
1963 136,300,000
1964 139,100,000
1965 163,900,000
1966 186,000,000
1967 195,400,000
1968 204,300,000
1969 221,500,000
1970 242,100,000
1971 303,600,000
1972 325,500,000
1973 364,000,000
1974 461,500,000
1975 529,700,000
1976 612,000,000
1977 728,000,000
1978 800,700,000
1979 864,500,000
1980 1,005,100,000
1981 1,108,100,000
1982 1,245,600,000
1983 1,437,000,000
1984 1,707,400,000
1985 1,944,900,000
1986 2,202,900,000
1987 2,613,100,000
1988 3,534,400,000
1989 4,388,200,000
1990 5,132,438,000
1991 6,177,200,000
1992 6,484,200,000
1993 9,116,600,000
1994 10,324,700,000
1995 21,358,330,000
1996 34,919,210,000
1997 43,794,770,000
1998 54,395,380,000
1999 78,297,010,000
2000 103,815,000,000
2001 123,927,000,000
2002 268,066,000,000
2003 312,677,000,000
2004 378,564,000,000
2005 432,930,000,000
2006 543,785,000,000
2007 620,422,000,000
2008 747,723,000,000
2009 873,982,000,000
2010 1,047,340,000,000
2011 1,252,750,000,000
2012 1,501,730,000,000
2013 2,011,120,000,000
2014 2,569,690,000,000
2015 3,184,090,000,000
2016 3,900,950,000,000
2017 6,531,220,000,000
2018 7,235,940,000,000
2019 8,219,850,000,000
2020 9,131,010,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Malawi was 9,131,010,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,131,010,000,000 in 2020 and 9,153,767,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 9,153,767,000
1991 11,495,610,000
1992 12,066,930,000
1993 16,965,760,000
1994 19,214,010,000
1995 39,747,310,000
1996 64,983,770,000
1997 81,500,960,000
1998 101,228,000,000
1999 145,709,000,000
2000 193,197,000,000
2001 230,625,000,000
2002 380,350,000,000
2003 443,648,000,000
2004 537,133,000,000
2005 614,271,000,000
2006 771,559,000,000
2007 880,297,000,000
2008 1,060,920,000,000
2009 1,240,070,000,000
2010 1,486,030,000,000
2011 1,777,490,000,000
2012 2,130,760,000,000
2013 2,853,520,000,000
2014 3,646,050,000,000
2015 4,517,810,000,000
2016 5,534,940,000,000
2017 6,531,220,000,000
2018 7,235,940,000,000
2019 8,219,850,000,000
2020 9,131,010,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Malawi was 7,537,263,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 7,537,263,000 in 2020 and 654,451,600 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 654,451,600
1961 704,449,100
1962 709,157,400
1963 699,292,500
1964 717,901,400
1965 815,654,300
1966 923,720,700
1967 990,981,900
1968 971,924,500
1969 1,029,097,000
1970 1,034,029,000
1971 1,201,734,000
1972 1,276,618,000
1973 1,305,989,000
1974 1,399,706,000
1975 1,484,903,000
1976 1,559,115,000
1977 1,635,793,000
1978 1,795,202,000
1979 1,874,122,000
1980 1,881,745,000
1981 1,782,198,000
1982 1,826,815,000
1983 1,894,749,000
1984 1,996,313,000
1985 2,087,564,000
1986 2,083,080,000
1987 2,116,935,000
1988 2,184,196,000
1989 2,213,567,000
1990 2,339,569,000
1991 2,543,819,000
1992 2,357,282,000
1993 2,585,745,000
1994 2,320,961,000
1995 2,709,230,000
1996 2,907,455,000
1997 3,017,718,000
1998 3,135,266,000
1999 3,230,650,000
2000 3,281,567,000
2001 3,118,310,000
2002 3,171,322,000
2003 3,352,266,000
2004 3,533,975,000
2005 3,649,491,000
2006 3,821,017,000
2007 4,187,835,000
2008 4,507,774,000
2009 4,883,187,000
2010 5,218,861,000
2011 5,472,187,000
2012 5,575,381,000
2013 5,865,301,000
2014 6,199,623,000
2015 6,373,213,000
2016 6,531,526,000
2017 6,792,789,000
2018 7,091,107,000
2019 7,477,444,000
2020 7,537,263,000

GDP (constant LCU)

The value for GDP (constant LCU) in Malawi was 7,247,030,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 7,247,030,000,000 in 2020 and a minimum value of 629,251,000,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 629,251,000,000
1961 677,323,000,000
1962 681,850,000,000
1963 672,365,000,000
1964 690,258,000,000
1965 784,247,000,000
1966 888,152,000,000
1967 952,823,000,000
1968 934,499,000,000
1969 989,470,000,000
1970 994,212,000,000
1971 1,155,460,000,000
1972 1,227,460,000,000
1973 1,255,700,000,000
1974 1,345,810,000,000
1975 1,427,730,000,000
1976 1,499,080,000,000
1977 1,572,800,000,000
1978 1,726,080,000,000
1979 1,801,960,000,000
1980 1,809,290,000,000
1981 1,713,570,000,000
1982 1,756,470,000,000
1983 1,821,790,000,000
1984 1,919,440,000,000
1985 2,007,180,000,000
1986 2,002,870,000,000
1987 2,035,420,000,000
1988 2,100,090,000,000
1989 2,128,330,000,000
1990 2,249,480,000,000
1991 2,445,870,000,000
1992 2,266,510,000,000
1993 2,486,180,000,000
1994 2,231,590,000,000
1995 2,604,910,000,000
1996 2,795,500,000,000
1997 2,901,520,000,000
1998 3,014,540,000,000
1999 3,106,250,000,000
2000 3,155,210,000,000
2001 2,998,240,000,000
2002 3,049,210,000,000
2003 3,223,180,000,000
2004 3,397,900,000,000
2005 3,508,960,000,000
2006 3,673,880,000,000
2007 4,026,580,000,000
2008 4,334,200,000,000
2009 4,695,150,000,000
2010 5,017,900,000,000
2011 5,261,470,000,000
2012 5,360,690,000,000
2013 5,639,450,000,000
2014 5,960,900,000,000
2015 6,127,800,000,000
2016 6,280,020,000,000
2017 6,531,220,000,000
2018 6,818,060,000,000
2019 7,189,520,000,000
2020 7,247,030,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Malawi was 30,447,340,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 30,447,340,000 in 2020 and 6,256,662,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 6,256,662,000
1991 7,032,940,000
1992 6,665,738,000
1993 7,485,084,000
1994 6,862,068,000
1995 8,177,973,000
1996 8,937,021,000
1997 9,441,820,000
1998 9,920,012,000
1999 10,369,390,000
2000 10,768,280,000
2001 10,457,000,000
2002 10,802,990,000
2003 11,631,440,000
2004 12,592,040,000
2005 13,408,690,000
2006 14,463,740,000
2007 16,278,100,000
2008 17,862,520,000
2009 19,497,650,000
2010 21,080,750,000
2011 22,565,750,000
2012 22,588,070,000
2013 24,912,560,000
2014 24,938,170,000
2015 24,209,270,000
2016 25,022,610,000
2017 26,013,120,000
2018 27,807,530,000
2019 29,845,990,000
2020 30,447,340,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Malawi was 28,864,100,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 28,864,100,000 in 2020 and 8,888,163,000 in 1994.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,959,427,000
1991 9,741,606,000
1992 9,027,256,000
1993 9,902,163,000
1994 8,888,163,000
1995 10,375,050,000
1996 11,134,160,000
1997 11,556,410,000
1998 12,006,560,000
1999 12,371,840,000
2000 12,566,830,000
2001 11,941,630,000
2002 12,144,640,000
2003 12,837,570,000
2004 13,533,430,000
2005 13,975,800,000
2006 14,632,660,000
2007 16,037,400,000
2008 17,262,610,000
2009 18,700,260,000
2010 19,985,730,000
2011 20,955,850,000
2012 21,351,030,000
2013 22,461,290,000
2014 23,741,580,000
2015 24,406,340,000
2016 25,012,610,000
2017 26,013,120,000
2018 27,155,530,000
2019 28,635,020,000
2020 28,864,100,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts