Malawi GDP Data & Country Report

Malawi Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Malawi; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Reserve Bank of Malawi

International Reserves

N/A

Gross Domestic Product - GDP

US$ 5.637 billion (2008 estimate)

GDP (Purchasing Power Parity)

13.921 billion of International dollars (2008 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
0.8%	-4.1%	1.7%	5.5%	5.5%	2.6%	7.7%	5.8%
2008	2009	2010	2011*
8.8%	7.6%	6.6%	6.1%

*Estimate

GDP per capita - current prices

US$ 349 (2008 estimate)

GDP per capita - PPP

$863 International Dollars (2008 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0.02%	0.02%	0.02%	0.02%	0.02%

**Forecast

GDP - composition by sector

agriculture: 30.3%
industry: 16.3%
services: 53.4% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
8.7%(2008)	8.7%	6.9%	6.6%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
29.9%	39.4%	48.6%	42.9%	38.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-4.1%	-4.8%	-5.4%	0.3%	-0.6%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	US$1.771 billion	N/A

Largest companies in Malawi

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -0.2 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-3.8% of GDP (2008 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

20.1% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$1.189 billion f.o.b. (2010 estimate)

Export commodities

tobacco 53%, tea, sugar, cotton, coffee, peanuts, wood products, apparel

Total imports

US$1.023 billion f.o.b. (2008 estimate)

Import commodities

food, petroleum products, semimanufactures, consumer goods, transportation equipment

Exports - major partners

Germany 11.7%, South Africa 10%, Egypt 9.2%, Zimbabwe 8.2%, US 7.3%, Russia 5.8%, Netherlands 4.5% (2007)

Imports - major partners

South Africa 36.1%, India 8.5%, Tanzania 6.1%, US 6.1%, China 4.9% (2007)

FDI inflows

2008	2009	2010
US$9 million	US$60 million(2009)	US$140 million(2009)

FDI outflows

2008	2009	2010
US$25 million	US$1 million	US$1 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 133 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 132 out of 183 countries(2009)

Registering property: 81 out of 183 countries

Paying Taxes: 25 out of 183 countries

Getting credit: 116 out of 183 countries

Protecting investors: 74 out of 183 countries

Trading across border: 173 out of 183 countries

Enforcing Contracts: 121 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

117

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 119 Score: 55.8 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+2

Total area

118,484 km² (2006)

Capital

Lilongwe (2009)

Currency

Malawian kwachas (MWK) (2009)

Government type

multiparty democracy (2009)

Languages

Chichewa 57.2% (official), Chinyanja 12.8%, Chiyao 10.1%, Chitumbuka 9.5%, Chisena 2.7%, Chilomwe 2.4%, Chitonga 1.7%, other 3.6% (1998 census)

Religions

Christian 79.9%, Muslim 12.8%, other 3%, none 4.3% (1998 census)

Total population

1980	1990	2000	2010*	2015**
6.18 million	9.46 million	11.37 million	14.21 million	15.55 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
4.4%	9.1%	15.2%	19.3%

Population median age

16.0 years (2006)

Population growth rate

2.8% (2009)

Life expectancy

48 years (2007)

Adult literacy

72% (2000/2007)

% of population living on less than $2 a day

90.45% (2011)

Inequality of wealth distribution (Gini index)

39 (2004)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:4 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

21.46% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

2.26% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.0827 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Malawi GDP Data & Country Report | Global Finance