World Ranking of Economies · 2026 Edition

Malawi

US$14.9 billion

About the size of Columbia, MO metro area (2024 GDP)

Malawi's US$ GDP surged +31.9% to US$14.9 billion in 2025, yet real growth was only +1.9%. The gap of 30.0 percentage points was mostly exchange-rate and price effects, and inflation ran at 28.4%. The jump lifted Malawi 2 places to 147th, between Brunei and Somalia.

Agriculture accounts for 30.0% of output and industry 14.3%, with services at 48.7%. Manufacturing made up 11.0% of GDP as of 2024. Unemployment was 5.1%, and government gross debt stands at 96.6% of GDP, according to the IMF.

Income is among the lowest in the ranking. With a population of 22.2 million, GDP per capita is US$672, 188th of 196, and $1,899 international dollars in PPP terms, 190th. The economy is 5.9 times its 2000 size of US$2.5 billion and about the size of the Columbia, MO metro area. The IMF projects GDP of US$23.8 billion by 2030, up 60%, which would place Malawi 134th.