Economy of Malawi. Statistics, Data and Indicators
Malawi
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 110 | Corruption rank#110 |
| 109 | Ease of doing business#104 |
Malawi Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 12.63 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.8 % | 2021 |
| GDP per capita | 389 USD | 2021 |
| Inflation Rate YoY | 25.4 % | Dec/22 |
| Interest Rate | 18 % | Dec/22 |
| Unemployment Rate | 7 % | 2021 |
| Balance of Trade | -31325 MWK Million | -0.03 B USD | Jun/22 |
| Current Account | -1283 USD Million | -1.283 B USD | 2021 |
| Foreign Exchange Reserves | 765 MWK Billion | 0.744 B USD | Nov/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 12.63 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.8 % | 2021 |
| GDP per capita | 389 USD | 2021 |
| GDP Constant Prices | 7536528 MWK Million | 7.334 B USD | 2021 |
| GDP per capita PPP | 1491 USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 58.8 % | 2021 |
| Government Budget Value | -104 MWK Million | 0 B USD | 2022 |
| Government Spending | 147297 MWK Million | 0.143 B USD | 2019 |
| Government Revenues | 144 MWK Million | 0 B USD | 2022 |
| Fiscal Expenditure | 249 MWK Million | 0 B USD | 2022 |
| Government Budget to GDP | -8.3 % | 2021 |
| Military Expenditure | 83.3 USD Million | 0.083 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 122 Index Points | Nov/22 |
| Food Inflation | 33.4 % | Nov/22 |
| Inflation Rate YoY | 25.4 % | Dec/22 |
| CPI Housing Utilities | 118 Index Points | Nov/22 |
| CPI Transportation | 133 Index Points | Nov/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -13.1 % | 2021 |
| Balance of Trade | -31325 MWK Million | -0.03 B USD | Jun/22 |
| Capital Flows | 1270 USD Million | 1270000 B USD | 2019 |
| Current Account | -1283 USD Million | -1.283 B USD | 2021 |
| Exports | 77715 MWK Million | 0.076 B USD | Jun/22 |
| External Debt | 2812734 MWK Million | 2.737 B USD | 2021 |
| Foreign Exchange Reserves | 765 MWK Billion | 0.744 B USD | Nov/22 |
| Imports | 109040 MWK Million | 0.106 B USD | Jun/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 0.4 Tonnes | 3Q/22 |
| Interest Rate | 18 % | Dec/22 |
| Money Supply M1 | 1301351 MWK Million | 1.266 B USD | Aug/22 |
| Money Supply M2 | 2628 MWK Million | 0.003 B USD | Nov/22 |
| Foreign Direct Investment | 112 USD Million | 0.112 B USD | 2019 |
| Private Sector Credit | 1022 MWK Million | 0.001 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 7 % | 2021 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2022 |
| Personal Income Tax Rate | 40 % | 2022 |
| Sales Tax Rate | 16.5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | -12.47 % | Dec/18 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 35 Index Points | 2021 |
| Corruption Rank | 110 place | 2021 |
| Ease of Doing Business | 109 place | 2019 |
| Competitiveness Index | 43.7 Index Points | 2019 |
| Competitiveness Rank | 128 | 2019 |
