CABRI member since:
2022
Region:
Southern Africa
Currency:
Malawian Kwacha (MWK)
Population:
18.6 million
Capital:
Lilongwe
Ministry website:
www.finance.gov.mw
Fiscal year:
July-June
Regional Economic Community:
COMESA,
SADC
2014 | 2015 | 2016 | 2017 | 2018 | |
GDP (constant 2010 MWK[billions]) | 1,244.16 | 1,280.86 | 1,309.94 | 1,362.33 | 1,405.52 |
GDP (current MWK[billions]) | 2,569.69 | 3,198.56 | 3,943.23 | 4,549.72 | 5,060.28 |
GDP growth (%) | 5.7 | 2.95 | 2.27 | 4 | 3.17 |
GDP per capita (constant 2010 MWK) | 70,676.49 | 70,724.58 | 70,305.24 | 71,070.61 | 71,270.95 |
GDP per capita (current MWK) | 145,975.61 | 176,613.2 | 211,635.86 | 237,351.22 | 256,596 |
Inflation (CPI) (%) | 23.78 | 21.86 | 21.73 | 11.54 | 9.22 |
General government revenue (% of GDP) | 24.99 | 24.72 | 23.68 | 25.24 | 23.62 |
General government expenditure (% of GDP) | 29.83 | 31.06 | 30.96 | 32.57 | 29.12 |
Budget balance (% of GDP) | -4.84 | -6.34 | -7.28 | -7.33 | -5.5 |
Primary balance (% of GDP) | 0.12 | -2.7 | -2.49 | -3.05 | -1.35 |
General government debt (% of GDP) | 54.74 | 61.17 | 61.34 | 61.49 | 63.12 |
Population (millions) | 17.6 | 18.11 | 18.63 | 19.17 | 19.72 |