Gross National Income for Malawi
MKTGNIMWA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,620,512,202.00
Year-over-Year Change
22.94%
Date Range
1/1/1980 - 1/1/2024
Summary
Gross National Income (GNI) for Malawi measures the total domestic and foreign income earned by a country's residents and businesses. It is a key indicator of a nation's economic well-being and development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GNI represents the value of all goods and services produced by a country's residents and businesses, including income earned from foreign sources. It is used by economists and policymakers to assess a country's economic performance and progress over time.
Methodology
GNI data for Malawi is collected and calculated by the World Bank based on national accounts information.
Historical Context
Trends in Malawi's GNI are closely monitored by international organizations, investors, and policymakers to understand the country's overall economic trajectory.
Key Facts
- Malawi's GNI per capita was $540 in 2021.
- GNI accounts for over 90% of Malawi's Gross Domestic Product (GDP).
- Malawi's GNI has grown by an average of 3.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: Gross National Income (GNI) for Malawi measures the total value of goods and services produced by the country's residents and businesses, including income earned from foreign sources.
Q: Why is this trend relevant for users or analysts?
A: Trends in Malawi's GNI are closely monitored by economists, policymakers, and international organizations to assess the country's overall economic performance and development.
Q: How is this data collected or calculated?
A: The GNI data for Malawi is collected and calculated by the World Bank based on national accounts information.
Q: How is this trend used in economic policy?
A: Malawi's GNI trends are used by the government, international institutions, and investors to inform economic policies, investment decisions, and development strategies.
Q: Are there update delays or limitations?
A: The GNI data for Malawi is typically published with a 1-2 year delay by the World Bank.
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Citation
U.S. Federal Reserve, Gross National Income for Malawi (MKTGNIMWA646NWDB), retrieved from FRED.