Monthly minimum wage (Local currency), annual growth rate in Malawi
Malawi: Monthly minimum wage (Local currency), annual growth rate was 80 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Malawi, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Malawi recorded 80 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024. That is the highest value across all 24 years on record.
The figure is up 8.4% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Malawi peaked at 80 % change on previous year in 2024 and was at its lowest, 0 % change on previous year, in 2001.
Malawi ranks 3rd of 168 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 0 % change on previous year | — |
| 2002 | 1.82 % change on previous year | — |
| 2003 | 0 % change on previous year | -100.0% |
| 2004 | 0 % change on previous year | — |
| 2005 | 73.21 % change on previous year | — |
| 2006 | 0 % change on previous year | -100.0% |
| 2007 | 0 % change on previous year | — |
| 2008 | 46.39 % change on previous year | — |
| 2009 | 0 % change on previous year | -100.0% |
| 2010 | 0 % change on previous year | — |
| 2011 | 25.54 % change on previous year | — |
| 2012 | 77.82 % change on previous year | +204.7% |
| 2013 | 0 % change on previous year | -100.0% |
| 2014 | 73.82 % change on previous year | — |
| 2015 | 0 % change on previous year | -100.0% |
| 2016 | 24.81 % change on previous year | — |
| 2017 | 39.82 % change on previous year | +60.5% |
| 2018 | 0 % change on previous year | -100.0% |
| 2019 | 0 % change on previous year | — |
| 2020 | 40 % change on previous year | — |
| 2021 | 42.86 % change on previous year | +7.1% |
| 2022 | 0 % change on previous year | -100.0% |
| 2023 | 0 % change on previous year | — |
| 2024 | 80 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.49 % change on previous year | 0 % change on previous year | 73.21 % change on previous year | 9 |
| 2010s | 24.18 % change on previous year | 0 % change on previous year | 77.82 % change on previous year | 10 |
| 2020s | 32.57 % change on previous year | 0 % change on previous year | 80 % change on previous year | 5 |
Countries ranked near Malawi
More work & labour data for Malawi
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.4293 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.4409 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.4183 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 1.02 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 4.02 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 13,360 1000 No (2050)
- Population - Est. & Proj. — Rural population 28,345 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 30,321 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 28,820 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 59,141 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Malawi?
- Monthly minimum wage (local currency), annual growth rate in Malawi was 80 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Malawi?
- The highest recorded value was 80 % change on previous year in 2024.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Malawi?
- The lowest recorded value was 0 % change on previous year in 2001.
- How does Malawi rank for monthly minimum wage (local currency), annual growth rate?
- Malawi ranks 3rd out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Malawi?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.