GNI per capita is gross national income divided by midyear population. GNI per capita (current LCU) The value for GNI per capita (current LCU) in Malawi was 284,392.90 as of 2018. The high-income group has the highest income globally, with a GNI per capita of at least $12,476. ... Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mexico Micronesia Middle East & North Africa Middle East & North Africa (excluding high income) Region : Eastern Africa: Population (000, 2020) 19 130: Pop. Malawi gdp per capita for 2018 was $381, a 6.88% increase from 2017. Countries by GNI per capita. Malawi : Ranking - GNI per capita (Gross National Income - $) The highest data : 2011 is the highest year for the indicator : GNI per capita (Gross National Income - $). GNI per capita, PPP (current international $) in Malawi was reported at 1070 in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malawi gdp per capita for 2019 was $412, a 7.95% increase from 2018. Malawi (MWI) , GNI per capita, Atlas method (current US$) indicators data for years 2014 to 2018 Malawi’s GNI per capita increased by about 58.8 percent between 1990 and 2018. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Statistics. Malawi remains one of the poorest countries in the world despite making significant economic and structural reforms to sustain economic growth. Between 1990 and 2017, Malawi’s life expectancy at birth increased by 17.1 years, mean years of schooling increased by 2.0 5.4years and expected years of schooling increased by years. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Statistical Capacity score (Overall average) Details. As the graph below shows, over the past 58 years this indicator reached a maximum value of 284,392.90 in 2018 and a minimum value of 31.37 in 1960. Map This map is an approximation of actual country borders. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. The lowest data : 1964 is the lowest year for the indicator : GNI per capita (Gross National Income - $). The economy is dominated by the agricultural sector, which drives livelihoods for two thirds of the population, yet accounts for only a third Malawi Jump to. Malawi’s GNI per capita of $1,080 is a fraction of the worldwide GNI per capita of $17,591. Therefore, the gross national income measures both the domestic income of a country and the income it receives from abroad. The Gross National Income, or GNI, represents the sum of a nations Gross Domestic Product (GDP) plus any other net income received from overseas. By definition, the GNI per capita of a nation simply refers to the average income of the citizens of a particular nation. Malawi gdp per capita for 2016 was $316, a … density (per km2, 2020) 202.9: Capital city : Lilongwe: Capital city pop. Malawi GDP (Gross Domestic Product) was INT$18.50billion for 2019 in PPP terms. To learn more about cookies, click here. Gross national income per capita (PPP international $, 2013) 750: Life expectancy at birth m/f (years, 2015) 57/60: Probability of dying under five (per 1 000 live births, 0) n/a: Probability of dying between 15 abd 60 years m/f (per 1 000 population, 2013) 398/330: Total expenditure on health per capita … This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). The 2015 Human Development Index ranks it 173rd (out of 188). Finally, low-income countries have GNI per capita of $1,025 per less. The result is: 370 $. - … World Bank estimates from its 2020-21 Country Classifications by Income Level indicate that Malawi’s GNI per capita has fallen over a 10-year period from $450 (K333 000) in 2010 to $380 (K281 200), making Malawi a country with the lowest GNI per capita after Burundi, … Graph, map and compare more than 1,000 time series indicators from the World Development Indicators. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GDP per capita in Malawi averaged 372.95 USD from 1960 until 2018, reaching an all time high of 516.80 USD in 2018 and a record low of 237.10 USD in 1963. Malawi’s per capita GNI is just US$320 in 2017 and around 70 percent of the population live below the international poverty line of US$1.90 per day (WDI, 2018). Over the past 56 years, the value for this indicator has fluctuated between 490.00 in 2011 and 50.00 in 1962. source: World Bank. Find Out Nominal (current) Gross Domestic Product (GDP) of Malawi is $6,303,292,264 (USD) as of 2017.; Real GDP (constant, inflation adjusted) of Malawi reached $9,058,581,257 in 2017.; GDP Growth Rate in 2017 was 4.00%, representing a change of 348,409,528 US$ over 2016, when Real GDP was $8,710,171,729. The upper-middle-income group has per capita incomes between $4,038 and $12,475. Malawi’s GNI per capita decreased by about 31.3 percent between 1990 and 2017. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). GNI per capita, PPP (current international $) Search glossaries Source: World Development Indicators | The World Bank. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. The GDP per Capita in Malawi is equivalent to 4 percent of the world's average. Malawi gdp per capita for 2017 was $357, a 12.96% increase from 2016. From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. Real GNI per capita of Malawi increased from 382 US dollars in 2005 to 508 US dollars in 2019 growing at an average annual rate of 2.10%. Despite advances in health and education sectors the country’s per capita GNI ($747) ranks higher than that of only the Central African Republic and the Democratic Republic of … The figure is obtained by diving the final annual income by the population of the country. It should be reflecting the average before tax income of a country's citizens. Please check your download folder. Please check your download folder. License: All of Our World in Data is completely open access and all work is licensed under the Creative Commons BY license.You have the permission to use, distribute, and reproduce in any medium, provided the source and authors are credited. Malawi. Find Out, Online tool for visualization and analysis. Malawi gni per capita … The lower-middle-income nations have GNI per capita of $1,026 to $4,035. “The World Bank has used a specific measure of economic development – gross national income (GNI) per capita – for the purpose of ranking and classifying countries for over 50 years. Rep. 1,110 189 Sierra Leone 500 189 Malawi … GNI per capita, PPP (constant 2017 international $), GNI per capita, PPP (current international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Data are in current U.S. dollars. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Created by Ana Florina Pirlea Description CountryProfile Tags Last Updated 6/28/2019 3:37:06 PM This page lists the countries of the world sorted by their gross domestic product per capita at nominal values.This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. In 2019, real GNI per capita for Malawi was 508 US dollars. Gross national income per capita 2019, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 186 Congo, Dem. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. This site uses cookies to optimize functionality and give you the best possible experience. Knowing a country's GNI per capita is a good first step toward understanding the country's economic strengths and needs, as well as the general standard of living enjoyed by the average citizen. According to the 2018 Census, the country has an estimated population of 17.5 million, which is expected to double by 2038. Projects ... GNI per capita, Atlas method (current US$) Details. Poverty in Malawi is widespread World Bank latest estimates show that Malawi has the world’s lowest GNI per capita at $250 (roughly K110 000)each while on the contrary, Monaco, an independent State on France’s Mediterranean coastline, has the highest at $100 000 (about K45 million). To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. The GNI per capita is the dollar value of a country's final income in a year, divided by its population. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The result is: 50 $. Between 1990 and 2018, Malawi’s life expectancy at birth increased 17.7by years, mean years of schooling increased by 2.2 years and expected years of schooling increased by 5.6 years. If you continue to navigate this website beyond this page, cookies will be placed on your browser. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. World Bank national accounts data, and OECD National Accounts data files. Malawi gni per capita for 2018 was $350, a 2.94% increase from 2017. GNI per capita, Atlas method (current US$) - Malawi from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). By some measures Malawi is the poorest country in the world. Total population (2016) 18,092,000: Gross national income per capita (PPP international $, 2013) 750: Life expectancy at birth m/f (years, 2016) 61/67: Probability of dying under five (per 1 000 live births, 2018) 50: GNI per capita, PPP (current international $) of Malawi increased from 670 per capita, PPP in 2000 to 1,080 per capita, PPP in 2019 growing at an average annual rate of 2.64%. Malawi (MWI) , GNI per capita (constant 2010 US$) indicators data for years 2014 to 2018 Rep. 520 187 Niger 1,250 186 Madagascar 520 188 Congo, Dem. 2 - Burundi - GNI per capita (Gross National Income - $) was 50 $ in 1969 3 - Malawi - GNI per capita (Gross National Income - $) was 50 $ in 1964 4 - Mali - GNI per capita (Gross National Income - $) was 60 $ in 1970 5 - Botswana - GNI per capita (Gross National Income - $) was 70 $ in 1962. The Little Data Book on Financial Inclusion 2018 99 Country data Sub-Saharan Africa Low income Malawi Population, age 15+ (millions) 10.1 GNI per capita ($) 320 Sub-Saharan Africa Low income Malawi - GNI per capita, Atlas method (current US$) The latest value for GNI per capita, Atlas method (current US$) in Malawi was 360.00 as of 2018. Nation simply refers to the average income of a particular nation to sustain economic growth have GNI per capita malawi! 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