🇲🇼 Malawi General government final consumption expenditure

Malawi General government final consumption expenditure was $2.54B in 2023, down 4.4% from 2022, according to World Bank data. The 10-year average is $2.42B. Historical data available from 2017 to 2023 (7 data points). The all-time high was $2.66B in 2022.

Source: World Bank World Development Indicators • 201720237 data pointsEconomy & Growth

Latest Value
$2.54B
2023
Year-on-Year
-4.4%
vs 2022
10-Year Average
$2.42B
20142023
Range
High: $2.66B (2022)
Low: $2.02B (2017)

Malawi General government final consumption expenditure (current US$)2017 to 2023

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About this Indicator

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.

Historical Data Table

YearValue
2023$2.54B
2022$2.66B
2021$2.58B
2020$2.46B
2019$2.48B
2018$2.20B
2017$2.02B

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