What is the GDP of Malawi?

Malawi's GDP is approximately $11.3 billion USD. The GDP growth rate is 1.7%.

What is the population of Malawi?

Malawi has a population of approximately 21.7 million people. The population growth rate is 2.6%.

What is the inflation rate in Malawi?

The inflation rate in Malawi is 32.2%.

What is the unemployment rate in Malawi?

The unemployment rate in Malawi is 5.1%.

What is the GDP per capita of Malawi?

Malawi's GDP per capita is approximately $523 USD.

Is Malawi a good country to invest in?

Malawi has an investment score of 22/100, classified as "High Risk" risk. Key sectors include Agriculture (Tobacco), Mining, Services. Credit rating: NR.

How open is Malawi's economy to trade?

Malawi's trade openness (trade as % of GDP) is 42%. Exports total approximately $1.5B and imports $4.2B.

What is Malawi's government debt?

Malawi's government debt is approximately 56% of GDP. The current account balance is -18.8% of GDP.

How much foreign investment does Malawi attract?

Foreign direct investment (FDI) in Malawi is 6% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Malawi?

Malawi's economy is composed of services (44% of GDP), industry (17% of GDP), and agriculture (32% of GDP).

Can I start a business in Malawi as a foreigner?

Malawi offers various options for foreign entrepreneurs. Visit our business setup guide for Malawi for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Malawi's economy growing?

Malawi's GDP growth rate is 1.7%. The economy is growing at a moderate pace.

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Malawi Economy Overview

Name: Malawi Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Sub-Saharan AfricaLow IncomeCapital: LilongweMWI

High Risk

Growing

11.3B USD

GDP (Nominal)

Growing at 1.7%

$523

GDP Per Capita

Developing economy

21.7M

Population

+2.6% annual growth

High

32.2%

Inflation

Elevated

42%of GDP

Trade Openness

Strong

6%of GDP

FDI Inflows

Healthy

56%of GDP

Public Debt

High

5.1%

Unemployment

Deficit

-$2.7B

Trade Balance

GDP

Billion USD, nominal

$11.3B

2024-2.0B

GDP Growth

Annual %

1.7%

2024-0.2%

Inflation

Consumer prices, annual %

32.2%

2024+3.4%

Population

Millions

21.7M

2024+0.6M

Economic Structure

Services44%

Industry17%

Agriculture32%

Investment Score Breakdown

Economic Health (30%)20

Political Safety (25%)25

Business Climate (20%)22

Financial Strength (15%)15

Growth Potential (10%)30

Key Sectors

Agriculture (Tobacco)

25% of GDP

declining

Mining

2% of GDP

growing

Services

10% of GDP

stable

Should I Invest in Malawi?

AvoidSetup: ModerateROI: Low

Malawi scores 22/100 on the NationsData Investment Index, rated "High Risk". Growth is subdued at 2%.

Investment Score22/100

GDP Growth2%

Inflation28%

FDI/GDP1%

Public Debt68%

Political Stability-0.1

Strengths

Risks

-Significant political instability - governance risks may affect business continuity
-High inflation (28%) - erodes margins and purchasing power
-Corruption is a significant concern - budget for compliance and due diligence
-Large current account deficit (-12%) - currency depreciation risk

Also Consider

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