Gross national savings — all countries

Gross national savings — Malawi

Gross national savings in Malawi in 2024 — -2%. Ranked 145 in the world out of 146. Since 2017, the indicator has fallen by 5.9 pp.

2024 -2% −1 pp vs 2023
World rank 145of 146
Period maximum 9.9%2019
Period minimum -2.5%2022

Trend over time

2017–2024 · % of GDP

Gross national savings — Malawi, 2017–2024-50510201720182019202020212022202320242017: 3.9%2018: 3.8%2019: 9.9%2020: 2.7%2021: 1.3%2022: -2.5%2023: -1%2024: -2%
Change over the period: −5.9 pp Annual average: -0.84 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Malawi

Malawi -2%
World 26.1%
Sub-Saharan Africa computed 17.6%
Eastern Africa computed 20.5%
Gross national savings — Malawi, by year Malawi All countries CSV XLSX
Year % Change, pp
2024 -2 −1 pp
2023 -1 +1.5 pp
2022 -2.5 −3.8 pp
2021 1.3 −1.4 pp
2020 2.7 −7.2 pp
2019 9.9 +6 pp
2018 3.8 −0 pp
2017 3.9

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.