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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 11.96 USD Billion 2020
GDP Annual Growth Rate 0.9 % 2020
GDP per capita 527 USD 2020
Inflation Rate YoY 8.9 % May/21
Interest Rate 12 % May/21
Unemployment Rate 6 % 2020
Balance of Trade -87676 MWK Million | -0.11 B USD Jan/21
Current Account -1206 USD Million | -1.206 B USD 2019
Foreign Exchange Reserves 468 MWK Billion | 0.588 B USD Apr/21


GDP
vvp
11.96
B USD
#149 from 174 countries
GDP per capita
vvp
527
USD
#164 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 11.96 USD Billion 2020
GDP Annual Growth Rate 0.9 % 2020
GDP per capita 527 USD 2020
GDP Constant Prices 7084379 MWK Million | 8.907 B USD 2019
GDP per capita PPP 1487 USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 50.7 % 2020
Government Budget Value -19.1 MWK Million | 0 B USD 2021
Government Spending 147297 MWK Million | 0.185 B USD 2019
Government Revenues 150 MWK Million | 0 B USD 2021
Fiscal Expenditure  130 MWK Million | 0 B USD 2021
Government Budget to GDP -5.7 % 2020
Military Expenditure 85.8 USD Million | 0.086 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 130 Index Points May/21
Food Inflation 11 % May/21
Inflation Rate YoY 8.9 % May/21
CPI Housing Utilities 120 Index Points May/21
CPI Transportation 130 Index Points May/21


Trade Indicators

Indicator Data Period
Current Account to GDP -12.1 % 2020
Balance of Trade -87676 MWK Million | -0.11 B USD Jan/21
Capital Flows 1270 USD Million | 1270000 B USD 2019
Current Account -1206 USD Million | -1.206 B USD 2019
Exports 98882 MWK Million | 0.124 B USD Jan/21
External Debt 2021553 MWK Million | 2.542 B USD 2020
Foreign Exchange Reserves 468 MWK Billion | 0.588 B USD Apr/21
Imports 186557 MWK Million | 0.235 B USD Jan/21


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 4Q/20
Interest Rate 12 % May/21
Money Supply M1 796100 MWK Million | 1.001 B USD Apr/21
Money Supply M2 1645000 MWK Million | 2.068 B USD Apr/21
Foreign Direct Investment 112 USD Million | 0.112 B USD 2019
Private Sector Credit  663 MWK Million | 0.001 B USD 2021


Labor Indicators

Indicator Data Period
Unemployment Rate 6 % 2020


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 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
Tonnes
#100 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
0.588
B USD
#103 from 114 countries


Government Budget Value
balance_icon
0
B USD
#49 from 113 countries
Inflation Rate
inflation_icon
8.9
%
#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