Malawi - Purchasing power parity conversion factor for gross domestic product

353.4 (LCU per international dollars) in 2022

In 2022, purchasing power parity for Malawi was 353.4 LCU per international dollars. Between 2003 and 2022, purchasing power parity of Malawi grew substantially from 38.2 to 353.4 LCU per international dollars rising at an increasing annual rate that reached a maximum of 27.64% in 2014 and then decreased to 13.87% in 2022.

The description is composed by our digital data assistant.
What is purchasing power parity?

Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

Explore

What is Malawi purchasing power parity?