Nominal GDP in billions of USD
Year -
$11.01 billions(-13.38%)
In 2024, Malawi witnessed a decrease in its Nominal GDP, falling to 11.01 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 40.27 international billion dollars.
Relatedly, in the preceding year of 2023, Malawi has Nominal GDP stood at 12.71 billion dollars, while the GDP based on PPP was 38.61 international billion dollars.
The net change in Malawi's GDP (Nominal) in 2024 decreased by -1.70 billion dollars(-13.38%), and GDP (PPP) increased by 1.66 international billion dollars(4.3%).