Malawi - Gross domestic product in current prices

12,493,783,000,000 (LCU) in 2022

In 2022, GDP (LCU) for Malawi was 12,493,783 million LCU. Between 2003 and 2022, GDP (LCU) of Malawi grew substantially from 455,035 million to 12,493,783 million LCU rising at an increasing annual rate that reached a maximum of 33.92% in 2013 and then decreased to 23.02% in 2022.

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What is GDP (LCU)?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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What is Malawi GDP (LCU)?