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Economy of Malawi. Statistics, Data and Indicators

flag
Malawi
N/AN/A Credit rank #
N/A Quality of life #
129 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 7.7 % Jan/21
Interest Rate 12 % Jan/21
Unemployment Rate 6 % 2020
Balance of Trade -100360 MWK Million | -0.129 B USD Jun/20
Current Account -1206 USD Million | -1.206 B USD 2019
Foreign Exchange Reserves 614 MWK Billion | 0.786 B USD Dec/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 7084379 MWK Million | 9.071 B USD 2019
GDP per capita PPP 1060 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 62 % 2019
Government Budget Value -6.5 MWK Million | 0 B USD 2020
Government Spending 147297 MWK Million | 0.189 B USD 2019
Government Revenues 150 MWK Million | 0 B USD 2020
Fiscal Expenditure  232 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) 136 Index Points Jan/21
Food Inflation 9.7 % Jan/21
Inflation Rate YoY 7.7 % Jan/21
CPI Housing Utilities 117 Index Points Jan/21
CPI Transportation 128 Index Points Jan/21


Trade Indicators

Indicator Data Period
Current Account to GDP -15.1 % 2019
Balance of Trade -100360 MWK Million | -0.129 B USD Jun/20
Capital Flows 1270 USD Million | 1270000 B USD 2019
Current Account -1206 USD Million | -1.206 B USD 2019
Exports 46264 MWK Million | 0.059 B USD Jun/20
External Debt 1569794 MWK Million | 2.01 B USD 2018
Foreign Exchange Reserves 614 MWK Billion | 0.786 B USD Dec/20
Imports 146624 MWK Million | 0.188 B USD Jun/20


Money Indicators

Indicator Data Period
Gold Reserves 0.4 Tonnes 2Q/20
Interest Rate 12 % Jan/21
Money Supply M1 751000 MWK Million | 0.962 B USD Dec/20
Money Supply M2 1534300 MWK Million | 1.965 B USD Dec/20
Foreign Direct Investment 112 USD Million | 0.112 B USD 2019
Private Sector Credit  638 MWK Million | 0.001 B USD 2020


Labor Indicators

Indicator Data Period
Unemployment Rate 6 % 2020


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 30 Index Points 2020
Corruption Rank 129 place 2020
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
0.786
B USD
#103 from 114 countries


Government Budget Value
balance_icon
0
B USD
#49 from 113 countries
Inflation Rate
inflation_icon
7.7
%
#21 from 174 countries


Interest Rate
discount_rate_icon
12
%
#16 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
6
%
#99 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries