Source
Central bank

Reserve Bank of Malawi

International Reserves

US$ 429 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 4 billion (2014 estimate)

GDP (Purchasing Power Parity)

16 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
5.5% 5.5% 2.6% 2.1% 9.5% 8.3% 9.0% 6.5%
2011 2012 2013 2014*        
4.3% 1.9% 5.0% 6.1%        

*Estimate

GDP per capita - current prices

US$ 233 (2014 estimate)

GDP per capita - PPP

$920 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.02% 0.02% 0.02% 0.02% 0.02%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 29.4% 
  • industry: 18.9% 
  • services: 51.7% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
7.6% 21.3% 27.7% 15.1%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
37.4% 41.8% 53.5% 68.9% 49.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
2.6% -5.2% -2.6% -6.7% -2.6%

*Estimate  

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 Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
N/A US$1.384 billion US$753.6 Million

*2010 Estimate    **2012 Estimate

Largest companies in Malawi

N/A

 
 
Source
Current account balance

US$ -9 million (2014 estimate)

Current account balance by percentage of GDP

-2.211% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

46.3% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.01% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0% (2012)

(Data were released in 2014)

Total exports

US$ 1,427 million (2013 estimate) 

Export commodities

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

Total imports

US$ 2.420 billion (2013 estimate) 

 
 
Source
Import commodities

food, petroleum products, semi-manufactures, consumer goods, transportation equipment

Exports - major partners

N/A

Imports - major partners

South Africa 27%, China 16.6%, India 8.7%, Zambia 8.5%, Tanzania 5.1%, US 4.3% (2012)

FDI inflows
2011 2012 2013
US$ 129 million US$ 129 million US$ 118 million
FDI outflows
2011 2012 2013  
US$ 50 million US$ 50 million US$ 47 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012(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 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 171 out of 189 countries (2013)

Subcategories:

Starting a business: 149 out of 189 countries

Enforcing Contracts: 145 out of 189 countries

Registering Property: 85 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 80 out of 189 countries

Trading across border: 176 out of 189 countries

Paying Taxes: 81 out of 189 countries

Dealing with Construction Permits: 173 out of 189 countries

Getting Electricity: 183 out of 189 countries

Resolving Insolvency: 150 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

132

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 124 Score: 55.4 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+2

Total area

118,484 sq km

Capital

Lilongwe

Currency

Malawian kwachas (MWK)

Government type

multiparty democracy

Languages

English (official), Chichewa (common), Chinyanja, Chiyao, Chitumbuka, Chilomwe, Chinkhonde, Chingoni, Chisena, Chitonga, Chinyakyusa, Chilambya

Religions

Christian 82.6%, Muslim 13%, other 1.9%, none 2.5% (2008 est.)

Total population
1990 2000 2010 2014* 2019**
10.039 million 12.07 million 15.714 million 17.604 million 20.289 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
4.4% 9% 15% 16%
Population median age

 16.3 years  (2014 est.)

Population growth rate

3.33% (2014 est.)

Life expectancy

59.99 years (2014 est.)

Adult literacy

74.8% (2010 estimate)

% of population living on less than $2 a day

88.1% (2010)

Inequality of wealth distribution (Gini index)

46.2 (2010)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2014)

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

Total telephone subscribers as % of population

Fixed 0.2%   Mobile  32.3% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

5.40% (2013)

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

Blantyre 201st (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.1 (2010)

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