Malawi - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Malawi was 2,068,650,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,068,650,000,000 in 2020 and a minimum value of 56,300,000 in 1960.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 56,300,000
1961 60,600,000
1962 63,600,000
1963 67,100,000
1964 66,900,000
1965 78,600,000
1966 85,400,000
1967 86,000,000
1968 86,600,000
1969 92,400,000
1970 99,200,000
1971 125,100,000
1972 138,400,000
1973 141,700,000
1974 178,400,000
1975 184,200,000
1976 226,700,000
1977 285,800,000
1978 294,900,000
1979 424,408,200
1980 394,298,900
1981 398,371,400
1982 463,727,200
1983 548,767,400
1984 642,964,100
1985 741,672,300
1986 854,297,600
1987 1,125,420,000
1988 1,534,978,000
1989 1,779,182,000
1990 1,975,096,000
1991 2,449,125,000
1992 2,265,097,000
1993 4,082,669,000
1994 2,306,663,000
1995 5,737,761,000
1996 10,970,880,000
1997 13,274,410,000
1998 17,510,140,000
1999 26,934,230,000
2000 37,021,310,000
2001 43,724,710,000
2002 104,059,000,000
2003 113,260,000,000
2004 131,415,000,000
2005 142,497,000,000
2006 167,852,000,000
2007 170,686,000,000
2008 224,136,000,000
2009 265,944,000,000
2010 310,167,000,000
2011 360,446,000,000
2012 424,824,000,000
2013 576,661,000,000
2014 737,571,000,000
2015 875,028,000,000
2016 1,011,400,000,000
2017 1,497,360,000,000
2018 1,565,090,000,000
2019 1,890,780,000,000
2020 2,068,650,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts