The Gross Domestic Product (GDP) in Malawi expanded 3.70 percent in 2018 from the previous year. GDP Annual Growth Rate in Malawi averaged 4.39 percent from 1994 until 2018, reaching an all time high of 16.70 percent in 1995 and a record low of -10 percent in 1994.

GDP Annual Growth Rate in Malawi is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi GDP Annual Growth Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Malawi GDP Annual Growth Rate
Forecast Data Chart
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Malawi GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.70 5.10 16.70 -10.00 percent [+]
GDP 7.06 6.30 8.00 0.16 USD Billion [+]
Gross Fixed Capital Formation 184693.90 175607.92 213674.00 28646.10 MWK Million [+]
GDP per capita 516.80 512.60 516.80 237.10 USD [+]
GDP per capita PPP 1163.30 1154.00 1163.30 714.90 USD [+]
GDP Constant Prices 1381652.11 1306936.81 1381652.11 636429.74 MWK Million [+]

Malawi GDP Annual Growth Rate

Geographically landlocked, Malawi is one of the least developed countries in the world. Malawi’s economy relies mostly on grants from foreign donors. Agriculture is the most important sector of the economy and accounts for 80 percent of the labour force and 80 percent of exports. Serious deficiencies in the public sector, telecommunications and infrastructures are an obstacle to growth. This page provides - Malawi GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malawi GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 5.10 16.70 -10.00 1994 - 2018 percent Yearly

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