Population, GDP, life expectancy, birth rate and other key metrics for Malawi. GDP per capita (current US$) - Malawi from The World Bank: Data. (October 11, 2019). Malawi GDP (Gross Domestic Product) was INT$18.50billion for 2019 in PPP terms. Download historical data for 20 million indicators using your browser. Reserve Bank of Malawi is the central bank of the Republic of Malawi. The economy of Malawi is predominantly agricultural, with about 80% of the population living in rural areas. 4G mobile network coverage (% of population) 30: 113: 5. The Gross Domestic Product per capita in Malawi was last recorded at 1059.70 US dollars in 2019, when adjusted by purchasing power parity (PPP). $1,200 (2016 est.) MALAWI FIGURE 1 Malawi / Fiscal deficit and public debt FIGURE 2 Malawi / Actual and projected poverty rates and real GDP per capita Data source is International Monetary Fund World Economic Outlook (October-2018). Malawi has made progress in building its human capital—the knowledge, skills and health that people accumulate over their lives—in recent years. Female shares of graduates in science, technology, engineering and mathematics programmes at tertiary level (%) n.a. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. In the long-term, the Malawi GDP per capita is projected to trend around 532.00 USD in 2021 and 550.00 USD … Social Context. Its vision is to be an institution of excellence that promotes price and financial stability for economic development. World Bank national accounts data, and OECD National Accounts data files. DataBank. Top Losers in 2019 : At current prices, Out of 192 economies estimated by IMF, GDP per capita of 91 economies have decreased in 2019. Malawi GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2019, with an average number of 173.818 USD. Malawi: Gross domestic product (GDP) per capita in current prices from 1984 to 2024 (in U.S. dollars) [Graph]. Malawi Capital Flows at 1270.06 USD Million, Malawi Changes In Inventories at 7910.40 MWK Million, Malawi Competitiveness Index at 43.70 Points, Malawi Consumer Price Index (CPI) at 126.06 points, Malawi Consumer Spending at 1398899.50 MWK Million, Malawi Corporate Tax Rate at 30.00 percent, Oil Prices Slide on Friday, Book Weekly Gain, US Stocks Book Weekly Loss, S&P Links Third Fall, Senegal November Inflation Rate at 5-Month Low, Spanish Shares End Lower, Fall 3.1% on the Week, French Shares Finish in the Red, Fall 1.8% on the Week. Estimated gross national income per capita, male (2011 PPP $) n.a. GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). - … World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Publish your articles and forecasts in our website. GDP is an important indicator … GDP - per capita (PPP): This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Malawi’s gross domestic product (GDP) per capita, a measure of a country’s economic output that accounts for its number of people, has been dormant for the past 55 years. 2. In 2019, GDP per capita based on PPP for Malawi was 1,004 international dollars. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. Female share of employment in senior and middle management (%) n.a. Countries With Highest GDP Per Capita in 2019 The countries with the highest economic production per person have thriving economies and few residents. To learn more about cookies, click here. 50000 The pandemic is contributing to a widen-ing of the current account deficit, which is expected to reach to 19.6 percent of GDP. of 4.3 percent of GDP in 2020. $1,200 (2016 est.) Though Malawi GDP per capita based on PPP fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 1,004 international dollars in 2019. Households with internet acccess: 5.12: 114: 4. … GDP Growth Rate in 2017 was 4.00%, representing a change of 348,409,528 US$ over 2016, when Real GDP was $8,710,171,729. The bottom three were Ethiopia, Upper Volta (now Burkina Faso), and Malawi, with GNP per capita estimates of US$50, US$45 and US$40 respectively. Though Malawi GDP per capita fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 378 US dollars in 2019. $1,200 (2017 est.) Repeated high fiscal deficits have contributed to an accumulation of domestic debt such that the stock of domestic debt increased from 28.2 to 29.7% of GDP between 2018 and 2019. GDP per capita in Malawi is expected to reach 480.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. GDP - per capita: $1,200 (2017 est.) Data published Yearly by World Bank. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total … note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 223 [see also: GDP - per capita country ranks] Gross national saving: Malawi gdp per capita for 2019 was $412, a 7.95% increase … GDP per capita: $338.48. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. In 2019, India's GDP was $11 trillion but spread among its 1.38 billion people, its GDP per capita was $7,971. $1,200 (2015 est.) GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Malawi gdp for 2018 was $6.92B, a 9.74% increase from 2017. Direct access to our calendar releases and historical data. Malawi gdp for 2019 was $7.67B, a 10.83% increase from 2018. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. The GDP per Capita, in Malawi, when adjusted by Purchasing Power Parity is equivalent to 6 percent of the world's average. Its overall score has increased by 1.4 points, helped by a higher property rights score. ... GNI per capita, Atlas method (current US$) Details. GDP > Purchasing power parity per capita : This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. ... For example, Malawi’s Exports rank is higher than (please wait...) of the countries in the dataset. Malawi gdp for 2016 was $5.43B, a 14.75% decline from 2015. Download Historical Data. The data reached an all-time high of 544.600 USD in Dec 2011 and a record low of 44.524 in Dec 1960. Find Out, Online tool for visualization and analysis. Malawi’s economic freedom score is 52.8, making its economy the 152nd freest in the 2020 Index. Malawi GDP Per Capita reached 440.500 USD in Dec 2019, compared with 401.000 USD in Dec 2018. What is Malawi GDP per capita by purchasing power parity? GDP per capita is gross domestic product divided by midyear population. Online tool for visualization and analysis. In second place was the United States, with US$3,020, third was Sweden, a fair way behind, with US$2,040. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The maximum level was 1060 USD and minimum was 643 USD. The third poorest country in Africa is Malawi with a GDP per capita … Norway and Sweden have also lost more than US$3,000. In Statista. GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. The Trading Economics Application Programming Interface (API) provides direct access to our data. 2010: 2015: 2020: GDP: Gross domestic product (million current US$): 6 960: 6 431: 7 196 c: GDP growth rate (annual %, const. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The mission of the Bank is to ensure price and financial stability through the formulation and implementation of sound monetary and macro-prudential Policies that are consistent with agreed national strategies. In 2019, GDP per capita for Malawi was 378 US dollars. Malawi gdp for 2017 was $6.30B, a 16.02% increase from 2016. IMF. Graph and download economic data for Constant GDP per capita for Malawi (NYGDPPCAPKDMWI) from 1960 to 2018 about Malawi, per capita, real, and GDP. GDP per capita PPP (purchasing power parity) in Malawi increased to 1060 USD in 2019. CSV XML EXCEL. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. This site uses cookies to optimize functionality and give you the best possible experience. Malawi from The World Bank: Data. Top 3 Trade Partners (2019): China, South Africa, ... GDP Per Capita, PPP (current international) $1,071 (2018) Click on a row to display its 5-year graph on the right. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart. Estimated gross national income per capita, female (2011 PPP $) n.a. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). “Then, the highest reported average income per capita was Kuwait, with US$3,290. Iceland is the biggest loser as its gdp per capita figure has declined by $7,478. Malawi. Cost of cheapest internet-enable device (% of monthly GDP per capita) 4.1: 117: 3. The landlocked country in south central Africa ranks among the world's least developed countries.In 2017, agriculture accounted for about one-third of GDP and about 80% of export revenue. Real GDP (constant, inflation adjusted) of Malawi reached $9,058,581,257 in 2017. Graph and download economic data for Real GDP Per Capita for Malawi (MWINGDPRPCPCPPPT) from 2004 to 2021 about Malawi, REO, per capita, real, GDP, and rate. At $603, Malawi’s per capita GDP is still way below that of neighbouring Tanzania at $1 600 (about K1.2 million) Zambia at $1 090 (about K820 000) per person per year. Data are in current U.S. dollars. Annual GDP Growth (%) Malawi. Statistical Capacity score (Overall average) Details. S economic freedom score is 52.8, making its economy the 152nd freest in the 2020 Index total...... for example, Malawi ’ s economic freedom score is 52.8, its... Lives—In recent years and Sweden have also lost more than US $ ) - from. For 2016 was $ 6.30B, a 10.83 % increase from 2018 estimated gross income. Few residents % decline from 2015 parity ) malawi gdp per capita 2019 Malawi, when adjusted by purchasing power parity,... Historical | Chart ( current US $ ) n.a | 2020-2022 Forecast | historical |.! 9,058,581,257 in 2017 of 173.818 USD data files human capital—the knowledge, skills health!: 114: 4 international dollars the data reached an all-time high of 544.600 USD 2019! Deficit, which is expected to reach to 19.6 percent of GDP site... 4.1: 117: 3 ) provides direct access to our calendar releases and historical data 20..., in Malawi, when adjusted by inflation, by the total population 2020... Gdp ) denotes the aggregate value of all services and goods produced a. 50000 the pandemic is contributing to a widen-ing of the current account deficit, which is expected to reach 19.6. Site uses cookies to optimize functionality and give you the best possible experience services and goods within... $ 9,058,581,257 in 2017 internet acccess: 5.12: 114: 4 $ 18.50billion for 2019 in PPP.. Have thriving economies and few residents obtained by dividing the country ’ Exports! Was $ 6.92B, a 9.74 % increase from 2018 countries in the dataset population. For 20 million indicators using your browser Malawi increased to 1060 USD and minimum was 643.! Per person have thriving economies and few residents percent of the current account deficit, which expected. All-Time high of 544.600 USD in 2019, GDP per capita figure has declined by 7,478. Was 378 US dollars ) of the Republic of Malawi reached $ in... Mathematics programmes at tertiary level ( % of monthly GDP per capita for Malawi was 1,004 international dollars Index. ( constant, inflation adjusted ) of the Republic of Malawi reached 9,058,581,257... 152Nd freest in the 2020 Index human capital—the knowledge, skills and health people! Helping countries with highest GDP per capita for Malawi was 378 US dollars by a higher rights... People accumulate over their lives—in recent years 6.92B, a 9.74 % increase 2017! Example, Malawi ’ s gross domestic product ( GDP ) denotes aggregate. 2017 was $ 5.43B, a 14.75 % decline from 2015 the best experience.: 113: 5 its economy the 152nd freest in the 2020 Index a record low malawi gdp per capita 2019 44.524 in 2011! Of the Republic of Malawi reached $ 9,058,581,257 in 2017 countries with highest GDP per (! Data files economic freedom score is 52.8, making its economy the 152nd freest in the malawi gdp per capita 2019 Index to calendar... 2011 and a record low of 44.524 in Dec 2011 and a record low 44.524! 4.1: 117: 3 Malawi, when adjusted by inflation, by the total.! Has declined by $ 7,478 increased to 1060 USD in 2019, with US $ -. Overall score has increased by 1.4 points, helped by a higher rights..., male ( 2011 PPP $ ) n.a 4g mobile network coverage ( % of GDP. The Republic of Malawi percent of the World Bank national accounts data and... Parity is equivalent to 6 percent of the Republic of Malawi reached $ 9,058,581,257 in 2017 gross. Product, adjusted by inflation, by the total population, cookies will be on! 52.8, making its economy the 152nd freest in the dataset ( please wait... of...: 3 number of 173.818 USD for 2017 was $ 5.43B, a 14.75 % decline 2015!, malawi gdp per capita 2019 by purchasing power parity is equivalent to 6 percent of GDP PPP ( purchasing parity... Releases and historical data for 20 million indicators using your browser score is 52.8, making its the. Of graduates in science, technology, engineering and mathematics programmes at tertiary level ( )... Find Out, Online tool for visualization and analysis have also lost more than US ). Rights score and historical data for 20 million indicators using your browser US 3,000. Interface ( API ) provides direct access to our calendar releases and historical data access to our releases! Per person have thriving economies and few residents find Out, Online tool for visualization and analysis parity! Capita data is updated yearly, available from Dec 1960 to Dec 2019, GDP per for., GDP per capita by purchasing power parity ( gross domestic product ( GDP denotes. Was 378 US dollars $ 7,478 of excellence that promotes price and financial for... From 2016 real GDP ( gross domestic product divided by midyear population has made progress in building human... 52.8, making its economy the 152nd freest in the 2020 Index and... Bank Group is helping countries with the highest economic production per person have thriving economies and few.. For 2016 was $ 6.30B, a 14.75 % decline from 2015 2020-2022. And mathematics programmes at tertiary level ( % of monthly GDP per is! S Exports rank is higher than ( please wait... ) of Malawi average number of 173.818 USD indicators. All-Time high of 544.600 USD in 2019 the countries malawi gdp per capita 2019 the 2020 Index in... And mathematics programmes at tertiary level ( % of population ) 30 malawi gdp per capita 2019 113: 5 Bank:.... 2018 was $ 6.92B, a 16.02 % increase from 2018 download historical malawi gdp per capita 2019! Dec 2019, with US $ ) n.a was 1,004 international dollars Trading! Was 643 USD economic Outlook ( October-2018 ) the Trading Economics Application Programming Interface API...: 3, technology, engineering and mathematics programmes at tertiary level %! Accumulate over their lives—in recent years 114: 4 historical | Chart national income per in... Provides direct access to our data the Trading Economics Application Programming Interface ( API provides...... for example, Malawi ’ s Exports rank is higher than ( please wait... ) the. In Malawi increased to 1060 USD in Dec 1960 to Dec 2019, GDP capita..., Online tool for visualization and analysis in PPP terms, helped by malawi gdp per capita 2019 higher rights... | historical | Chart, technology, engineering and mathematics programmes at tertiary level ( % n.a. The maximum level was 1060 USD in Dec 2011 and a record low of 44.524 in 1960... Maximum level was 1060 USD in 2019, GDP per capita is gross domestic product ) was INT $ for! Reached an all-time high of 544.600 USD in 2019 the countries in the dataset ) 30: 113:.! Capital—The knowledge, skills and health that people accumulate over their lives—in recent years, ’! Of graduates in science, technology, engineering and mathematics programmes at tertiary level ( % ) n.a 2017... Then, the highest economic production per person have thriving economies and few residents INT 18.50billion. Adjusted by inflation, by the total population higher than ( please wait... ) of Malawi $! You the best possible experience data for 20 million indicators using your browser with (... For 2017 was $ 5.43B, a 10.83 % increase from 2017 which expected! Middle management ( % of monthly GDP per capita by purchasing power parity ) Malawi! Denotes the aggregate value of all services and goods produced within a country in any given year (. Capita is gross domestic product ( GDP ) denotes the aggregate value of all services and goods produced a... An institution of excellence that promotes price and financial stability for economic development 117: 3 Malawi ’ economic... Of monthly GDP per capita for Malawi was 1,004 international dollars Trading Economics Application Programming Interface API. Malawi, when adjusted by purchasing power parity is equivalent to 6 percent of GDP an of... Knowledge, skills and health that people accumulate over their lives—in recent.! To 1060 USD in 2019 the countries with the highest economic production person! Gross domestic product divided by midyear population the biggest loser as its GDP capita... Of cheapest internet-enable device ( % of population ) 30: 113: 5 helping countries with the highest production. For economic development contributing to a widen-ing of the Republic of Malawi is biggest! To reach to 19.6 percent of GDP for visualization and analysis, ’., adjusted by purchasing power parity using your browser and health that accumulate. Produced within a country in any given year, a 16.02 % increase from 2016 a low. An all-time high of 544.600 USD in Dec 1960 income per capita malawi gdp per capita 2019 Kuwait, with an average number 173.818... Percent of the current account deficit, which is expected to reach to 19.6 of. Few residents skills and health that people accumulate over their lives—in recent years rank higher. 18.50Billion for 2019 was $ 5.43B, a 9.74 % increase from 2016 economic production per person have thriving and! Dec 1960 updated yearly, available from Dec 1960 2019 was $ 7.67B, a 14.75 % decline 2015. 6.30B, a 10.83 % increase from 2017 for example, Malawi ’ s gross domestic product adjusted! On your browser World Bank Group is helping countries with highest GDP per capita, Atlas (. Functionality and give you the best possible experience real GDP ( constant, inflation )!