Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Economy of Malawi. Statistics, Data and Indicators

flag
Malawi
N/AN/A Credit rank #
N/A Quality of life #
110 Corruption rank#110
109 Ease of doing business#104
Malawi


Malawi Major Economic Indicators

Indicator Data Period
GDP Value 12.63 USD Billion 2021
GDP Annual Growth Rate 3.8 % 2021
GDP per capita 394 USD 2021
Inflation Rate YoY 23.5 % Jun/22
Interest Rate 14 % Jul/22
Unemployment Rate 7 % 2021
Balance of Trade -133612 MWK Million | -0.13 B USD Mar/21
Current Account -1283 USD Million | -1.283 B USD 2021
Foreign Exchange Reserves 468 MWK Billion | 0.456 B USD Apr/21


GDP Indicators

Indicator Data Period
GDP Value 12.63 USD Billion 2021
GDP Annual Growth Rate 3.8 % 2021
GDP per capita 394 USD 2021
GDP Constant Prices 7536528 MWK Million | 7.337 B USD 2021
GDP per capita PPP 1510 USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 50.7 % 2020
Government Budget Value -127 MWK Million | 0 B USD 2022
Government Spending 147297 MWK Million | 0.143 B USD 2019
Government Revenues 141 MWK Million | 0 B USD 2022
Fiscal Expenditure  268 MWK Million | 0 B USD 2022
Government Budget to GDP -8.3 % 2021
Military Expenditure 85.8 USD Million | 0.086 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 109 Index Points Jun/22
Food Inflation 31.2 % Jun/22
Inflation Rate YoY 23.5 % Jun/22
CPI Housing Utilities 113 Index Points Jun/22
CPI Transportation 126 Index Points Jun/22


Trade Indicators

Indicator Data Period
Current Account to GDP -13.1 % 2021
Balance of Trade -133612 MWK Million | -0.13 B USD Mar/21
Capital Flows 1270 USD Million | 1270000 B USD 2019
Current Account -1283 USD Million | -1.283 B USD 2021
Exports 61893 MWK Million | 0.06 B USD Mar/21
External Debt 2021553 MWK Million | 1.968 B USD 2020
Foreign Exchange Reserves 468 MWK Billion | 0.456 B USD Apr/21
Imports 195505 MWK Million | 0.19 B USD Mar/21


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 4Q/20
Interest Rate 14 % Jul/22
Money Supply M1 796100 MWK Million | 0.775 B USD Apr/21
Money Supply M2 1838 MWK Million | 0.002 B USD Nov/21
Foreign Direct Investment 112 USD Million | 0.112 B USD 2019
Private Sector Credit  818 MWK Million | 0.001 B USD 2021


Labor Indicators

Indicator Data Period
Unemployment Rate 7 % 2021


Taxes

Indicator Data Period
Corporate Tax Rate 30 % 2021
Personal Income Tax Rate 30 % 2021
Sales Tax Rate 16.5 % 2021


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