Population, Total for Malawi

POPTOTMWA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

21,655,286.00

Year-over-Year Change

37.85%

Date Range

1/1/1960 - 1/1/2024

Summary

The 'Population, Total for Malawi' trend measures the total population of Malawi, a country in southeastern Africa. This metric is crucial for economists and policymakers to understand demographic changes and their implications for economic development and resource allocation.

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

The total population of Malawi is an important economic indicator that reflects the size and growth rate of the country's labor force, consumer base, and overall economic potential. Tracking population trends helps inform policy decisions around infrastructure, healthcare, education, and other public services.

Methodology

This data is collected and reported annually by the World Bank based on official population censuses and surveys.

Historical Context

Population data is widely used by governments, international organizations, and private sector analysts to assess economic conditions and guide policy.

Key Facts

  • Malawi's total population was 19.6 million as of 2020.
  • Malawi has one of the highest population growth rates in the world at around 2.9% annually.
  • Over 80% of Malawi's population lives in rural areas and depends on subsistence agriculture.

FAQs

Q: What does this economic trend measure?

A: The 'Population, Total for Malawi' trend measures the total number of people residing in Malawi, a country in southeastern Africa.

Q: Why is this trend relevant for users or analysts?

A: This population data is crucial for understanding Malawi's economic development, labor force, and consumer base, as well as informing policy decisions around public services and infrastructure.

Q: How is this data collected or calculated?

A: The data is collected and reported annually by the World Bank based on official population censuses and surveys.

Q: How is this trend used in economic policy?

A: Population data is widely used by governments, international organizations, and private sector analysts to assess economic conditions and guide policy decisions in Malawi.

Q: Are there update delays or limitations?

A: The data is reported annually, so there may be a 1-year delay in the most recent figures being available.

Related Trends

Citation

U.S. Federal Reserve, Population, Total for Malawi (POPTOTMWA647NWDB), retrieved from FRED.