Overview
Discussions Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
14.08 B USD on Dec 31, 2023
Lowest
160.00 M USD on Dec 31, 1960
About Malawi GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Malawi GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Malawi GDP was 14.08 B USD, and the previous year it amounted to 13.13 B USD.
Malawi GDP accounts for 0.01% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Malawi GDP per capita was 548.58 USD, and in 2022 it amounted to 554.20 USD.
In 2022 Malawi real GDP amounted to 7.69 T MWK, the year before that it was 7.59 T MWK.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Malawi GDP has ever reached is 14.08 B USD.
The lowest ever value Malawi GDP has reached is 160 M USD.