Malawi 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$12.84 billion
↑ 1.00% vs 2023GDP per Capita
$608.37
↑ 1.00% vs 2023GDP Growth (Annual %)
1.00%
↓ 0.89pp vs 2023Inflation Rate (CPI %)
32.18%
↑ 3.39pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $12.71 billion | $12.84 billion | +1.00% |
| GDP per Capita | $602.34 | $608.37 | +1.00% |
| GDP Growth (Annual %) | 1.89% | 1.00% | -0.89pp |
| Inflation (CPI %) | 28.79% | 32.18% | +3.39pp |
| Unemployment Rate (%) | 5.03% | 5.05% | +0.01pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $12.84 billion
- GDP per Capita
- $608.37
- GDP Growth (Annual %)
- 1.00%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 32.18%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 5.05%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Malawi's Gross Domestic Product (GDP) is $12.84 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Malawi for 2024 is $608.37. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Malawi for 2024 is 32.18%. This measures the annual percentage change in the cost of consumer goods and services.
Malawi's annual GDP growth rate for 2024 is 1.00%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Malawi for 2024 is 5.05%. This represents the percentage of the labor force that is unemployed and actively seeking employment.