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Economy of Malawi. Statistics, Data and Indicators

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


Malawi Major Economic Indicators

Indicator Data Period
GDP Value 7.67 USD Billion 2019
GDP Annual Growth Rate 5 % 2019
GDP per capita 524 USD 2019
Inflation Rate YoY 7.6 % Aug/20
Interest Rate 13.5 % Aug/20
Unemployment Rate 5.4 % 2019
Balance of Trade -169215 MWK Million | -0.226 B USD Dec/19
Current Account -1203 USD Million | -1.203 B USD 2019
Foreign Exchange Reserves 485 MWK Billion | 0.647 B USD Jun/20


GDP
vvp
7.67
B USD
#149 from 174 countries
GDP per capita
vvp
524
USD
#164 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 7.67 USD Billion 2019
GDP Annual Growth Rate 5 % 2019
GDP per capita 524 USD 2019
GDP Constant Prices 1501049 MWK Million | 2.002 B USD 2019
GDP per capita PPP 1060 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 62 % 2019
Government Budget Value -55.3 MWK Million | 0 B USD 2020
Government Spending 147297 MWK Million | 0.196 B USD 2019
Government Revenues 78.6 MWK Million | 0 B USD 2020
Fiscal Expenditure  134 MWK Million | 0 B USD 2020
Government Budget to GDP 4 % 2019
Military Expenditure 53.5 USD Million | 0.054 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 120 Index Points Jul/20
Food Inflation 12.2 % Jul/20
Inflation Rate YoY 7.6 % Aug/20
CPI Housing Utilities 112 Index Points Jul/20
CPI Transportation 118 Index Points Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP -15.1 % 2019
Balance of Trade -169215 MWK Million | -0.226 B USD Dec/19
Capital Flows 1270 USD Million | 1270000 B USD 2019
Current Account -1203 USD Million | -1.203 B USD 2019
Exports 47807 MWK Million | 0.064 B USD Dec/19
External Debt 1569794 MWK Million | 2.094 B USD 2018
Foreign Exchange Reserves 485 MWK Billion | 0.647 B USD Jun/20
Imports 217022 MWK Million | 0.289 B USD Dec/19


Money Indicators

Indicator Data Period
Gold Reserves 0.4 Tonnes 4Q/19
Interest Rate 13.5 % Aug/20
Money Supply M1 706415 MWK Million | 0.942 B USD Jun/20
Money Supply M2 1405023 MWK Million | 1.874 B USD Jun/20
Foreign Direct Investment 112 USD Million | 0.112 B USD 2019
Private Sector Credit  566 MWK Million | 0.001 B USD 2020


Labor Indicators

Indicator Data Period
Unemployment Rate 5.4 % 2019


Taxes

Indicator Data Period
Corporate Tax Rate 30 % 2020
Personal Income Tax Rate 30 % 2020
Sales Tax Rate 16.5 % 2020


Production Indicators

Indicator Data Period
Industrial Production -12.47 % Dec/18


Business Indicators

Indicator Data Period
Corruption Index 31 Index Points 2019
Corruption Rank 123 place 2019
Ease of Doing Business 109 place 2019
Competitiveness Index 43.7 Index Points 2019
Competitiveness Rank 128 2019


Gold Reserves
gold_reserve_icon
0.4
Tonnes
#100 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
0.647
B USD
#103 from 114 countries


Government Budget Value
balance_icon
0
B USD
#49 from 113 countries
Inflation Rate
inflation_icon
7.6
%
#21 from 174 countries


Interest Rate
discount_rate_icon
13.5
%
#16 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
5.4
%
#99 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries