Nonrenewable natural capital, metals and minerals: iron ore in Malawi

Malawi: Nonrenewable natural capital, metals and minerals: iron ore was 4.06 million current US$ in 2020. ▲ Rising

Latest (2020)
4.06 million current US$
Change on year
up 45.6%
World rank
51st
of 57 countries
All-time high
4.06 million current US$
in 2020
All-time low
1.23 million current US$
in 2018
Years of data
5
2016–2020

Nonrenewable natural capital, metals and minerals: iron ore in Malawi, 2016–2020

1.0M2.0M3.0M4.0M2016201820202016: 1.4M current US$2017: 2.7M current US$2018: 1.2M current US$2019: 2.8M current US$2020: 4.1M current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital, metals and minerals: iron ore in Malawi stood at 4.06 million current US$. That is the highest value across all 5 years on record.

That represents a change of up 45.6% on the previous year and up 186.9% over five years.

That places Malawi 51st out of 57 countries with data for 2020, putting it in the bottom quarter.

Nonrenewable natural capital, metals and minerals: iron ore in Malawi, year by year

Annual values for Nonrenewable natural capital, metals and minerals: iron ore (current US$) in Malawi, 2016 to 2020.
Year current US$ Change
2016 1.42 million current US$ —
2017 2.67 million current US$ +88.3%
2018 1.23 million current US$ -53.9%
2019 2.79 million current US$ +126.8%
2020 4.06 million current US$ +45.6%

Malawi compared with similar countries

  • Malawi's 4.06 million current US$ is below the median for low income countries, which is 111.52 million current US$, 4% of the median. (5 countries reporting)
  • Malawi's 4.06 million current US$ is below the median for Sub-Saharan Africa, which is 111.52 million current US$, 4% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.03 million current US$ 1.23 million current US$ 2.79 million current US$ 4
2020s 4.06 million current US$ 4.06 million current US$ 4.06 million current US$ 1

Countries ranked near Malawi

  1. 48 Zimbabwe 8.56 million current US$
  2. 49 North Macedonia 4.74 million current US$
  3. 50 Uruguay 4.29 million current US$ compare
  4. 52 Uganda 2.73 million current US$ compare
  5. 53 Nigeria 2.34 million current US$ compare
  6. 54 Guatemala 268,057 current US$

See the full ranking of 57 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is nonrenewable natural capital, metals and minerals: iron ore in Malawi?
Nonrenewable natural capital, metals and minerals: iron ore in Malawi was 4.06 million current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital, metals and minerals: iron ore recorded in Malawi?
The highest recorded value was 4.06 million current US$ in 2020.
What is the lowest nonrenewable natural capital, metals and minerals: iron ore recorded in Malawi?
The lowest recorded value was 1.23 million current US$ in 2018.
How does Malawi rank for nonrenewable natural capital, metals and minerals: iron ore?
Malawi ranks 51st out of 57 countries with data for 2020.
Where does this Malawi data come from?
The figures come from the World Bank, published as part of Nonrenewable natural capital, metals and minerals: iron ore (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital, metals and minerals: iron ore in Malawi. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-metals-and-minerals-iron-ore-current-us/malawi/

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About this data

Indicator
Nonrenewable natural capital, metals and minerals: iron ore (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
57 places, 1,098 data points, 1995–2020
Last refreshed