Gross savings in Malawi

Malawi: Gross savings was -391.10 billion current LCU in 2024. ◆ Volatile

Latest (2024)
-391.10 billion current LCU
Change on year
down 144.1%
World rank
175th
of 177 countries
All-time high
812.27 billion current LCU
in 2019
All-time low
-391.10 billion current LCU
in 2024
Years of data
8
2017–2024

Gross savings in Malawi, 2017–2024

-500.0B-250.0B0250.0B500.0B750.0B2017202020242017: 252.8B current LCU2018: 278.5B current LCU2019: 812.3B current LCU2020: 236.0B current LCU2021: 130.9B current LCU2022: -297.5B current LCU2023: -160.3B current LCU2024: -391.1B current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

The most recent figure for gross savings in Malawi is -391.10 billion current LCU, measured in 2024. That is the lowest value across all 8 years on record.

The figure is down 144.1% on the previous year and down 254.7% over ten years.

Malawi ranks 175th of 177 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 447.88 billion current LCU 252.85 billion current LCU 812.27 billion current LCU 3
2020s -96.40 billion current LCU -391.10 billion current LCU 236.01 billion current LCU 5

Countries ranked near Malawi

  1. 172 Venezuela 90.55 current LCU compare
  2. 173 Palau -35.86 million current LCU compare
  3. 174 East Timor -394.17 million current LCU compare
  4. 176 Yemen -400.75 billion current LCU compare
  5. 177 Lebanon -216.19 trillion current LCU compare

See the full ranking of 177 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is gross savings in Malawi?
Gross savings in Malawi was -391.10 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in Malawi?
The highest recorded value was 812.27 billion current LCU in 2019.
What is the lowest gross savings recorded in Malawi?
The lowest recorded value was -391.10 billion current LCU in 2024.
How does Malawi rank for gross savings?
Malawi ranks 175th out of 177 countries with data for 2024.
Is gross savings rising or falling in Malawi?
Over the last ten years it is down 254.7%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Gross savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.