The gross domestic product (GDP) in current prices in Malawi was forecast to continuously increase between 2024 and 2029 by in total 2.1 billion U.S. dollars (+19.37 percent). After the fourth consecutive increasing year, the GDP is estimated to reach 12.95 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Eritrea, Seychelles, and Djibouti.
Malawi: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
12.95
2028*
12.26
2027*
11.61
2026*
11.06
2025*
10.78
2024*
10.84
2023*
12.67
2022
12.53
2021
12.47
2020
11.85
2019
11.03
2018
9.88
2017
8.94
2016
7.73
2015
9.01
2014
8.53
2013
7.65
2012
8.42
2011
11.24
2010
9.8
2009
8.72
2008
7.49
2007
6.24
2006
5.63
2005
5.15
2004
4.89
2003
4.52
2002
4.92
2001
4.18
2000
4.26
1999
4.34
1998
4.28
1997
6.5
1996
5.57
1995
3.41
1994
2.93
1993
5.06
1992
4.39
1991
5.38
1990
4.22
1989
3.71
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IMF. (October 22, 2024). Malawi: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 13, 2024, from https://www.statista.com/statistics/520530/gross-domestic-product-gdp-in-malawi/
IMF. "Malawi: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed December 13, 2024. https://www.statista.com/statistics/520530/gross-domestic-product-gdp-in-malawi/
IMF. (2024). Malawi: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 13, 2024. https://www.statista.com/statistics/520530/gross-domestic-product-gdp-in-malawi/
IMF. "Malawi: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/520530/gross-domestic-product-gdp-in-malawi/
IMF, Malawi: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/520530/gross-domestic-product-gdp-in-malawi/ (last visited December 13, 2024)
Malawi: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/520530/gross-domestic-product-gdp-in-malawi/