Gross savings in Malawi

Malawi: Gross savings was -224.99 million current US$ in 2024. ◆ Volatile

Latest (2024)
-224.99 million current US$
Change on year
down 63.0%
World rank
174th
of 177 countries
All-time high
1.09 billion current US$
in 2019
All-time low
-313.52 million current US$
in 2022
Years of data
8
2017–2024

Gross savings in Malawi, 2017–2024

-500.0M0500.0M1.0B2017202020242017: 346.2M current US$2018: 380.3M current US$2019: 1.1B current US$2020: 314.9M current US$2021: 162.4M current US$2022: -313.5M current US$2023: -138.0M current US$2024: -225.0M current US$

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

Analysis

The most recent figure for gross savings in Malawi is -224.99 million current US$, measured in 2024.

The figure is down 63.0% on the previous year and down 165.0% over ten years.

Malawi ranks 174th of 177 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 605.36 million current US$ 346.24 million current US$ 1.09 billion current US$ 3
2020s -39.85 million current US$ -313.52 million current US$ 314.88 million current US$ 5

Countries ranked near Malawi

  1. 171 Kiribati 44.11 million current US$ compare
  2. 172 Solomon Islands 17.12 million current US$ compare
  3. 173 Palau -35.86 million current US$ compare
  4. 175 East Timor -394.17 million current US$ compare
  5. 176 Yemen -1.41 billion current US$ compare
  6. 177 Lebanon -2.52 billion current US$ 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 -224.99 million current US$ 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 1.09 billion current US$ in 2019.
What is the lowest gross savings recorded in Malawi?
The lowest recorded value was -313.52 million current US$ in 2022.
How does Malawi rank for gross savings?
Malawi ranks 174th out of 177 countries with data for 2024.
Is gross savings rising or falling in Malawi?
Over the last ten years it is down 165.0%. 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 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross savings (current US$)
Unit
current US$
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 indicator is expressed in United States dollars.