Real GDP at Constant National Prices for Malawi
RGDPNAMWA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,166.93
Year-over-Year Change
78.80%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic trend measures the real gross domestic product (GDP) of Malawi at constant national prices. It is a key indicator of the overall health and growth of Malawi's economy.
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 Real GDP at Constant National Prices for Malawi tracks the total value of all goods and services produced within the country, adjusted for inflation. It is a widely used metric for assessing the economic performance and development of Malawi over time.
Methodology
The data is collected and calculated by the World Bank using national accounts information.
Historical Context
This trend is closely monitored by economists, policymakers, and international organizations to inform economic and development strategies for Malawi.
Key Facts
- Malawi is a landlocked country in southeastern Africa.
- Agriculture is a major driver of Malawi's economy.
- Malawi has experienced steady economic growth in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of Malawi, which represents the total value of all goods and services produced within the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The Real GDP at Constant National Prices for Malawi is a key indicator of the country's overall economic performance and development, making it highly relevant for economists, policymakers, and analysts studying the Malawian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts information.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and international organizations to inform economic and development strategies for Malawi.
Q: Are there update delays or limitations?
A: There may be some delays in the availability of this data, as it is collected and published by the World Bank.
Related Trends
Capital Stock at Constant National Prices for South Africa
RKNANPZAA666NRUG
Capital Stock at Constant National Prices for Costa Rica
RKNANPCRA666NRUG
Share of Labour Compensation in GDP at Current National Prices for Mauritania
LABSHPMRA156NRUG
Share of Labour Compensation in GDP at Current National Prices for Uruguay
LABSHPUYA156NRUG
Real GDP at Constant National Prices for Ireland
RGDPNAIEA666NRUG
Capital Stock at Constant National Prices for Montenegro
RKNANPMEA666NRUG
Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Malawi (RGDPNAMWA666NRUG), retrieved from FRED.