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Malawi Economic Indicators

Latest economic indicators and statistics for Malawi.

Indicator Current Value Previous Value Frequency Period
GDP $11.01B $12.71B Yearly 2024
GDP Annual Growth Rate 1.83% 1.89% Yearly 2024
GDP per Capita $552.5 $556.74 Yearly 2024
GDP per Capita PPP $1,635.86 $1,648.44 Yearly 2024
Real GDP $11.96B $11.75B Yearly 2024
Annual Inflation Rate 32.18% 28.79% Yearly 2024
Annual Unemployment Rate 5.04% 5.03% Yearly 2024
Female Labor Force Rate 63.18% 63.48% Yearly 2024
Annual Exports $965.51M $899.73M Yearly 2023
Annual Imports $3.14B $1.59B Yearly 2023
FDI Inflows (% GDP) 1.6% 1.6% Yearly 2023
Net Trade (Goods & Services, BoP) -$2.47B -$2.35B Yearly 2023
Tariff Rate 9.48% 9.46% Yearly 2021
Private Credit (% GDP) 8.14% 8.65% Yearly 2023
Adult Literacy Rate 68.08% 70.15% Yearly 2022
Gini Index 38.5 points 44.7 points Yearly 2019
Happiness Index 3.26 points 3.42 points Yearly 2024
Population 21.66M 21.1M Yearly 2024
Poverty Rate 75.4% 71.7% Yearly 2019
Primary Enrollment Rate 135.43% 126.43% Yearly 2023
Agricultural Land (%) 64.17% 64.17% Yearly 2022
Annual CO2 Emissions 1.75M tonnes 1.75M tonnes Yearly 2023
Forest Area (%) 22.89% 23.33% Yearly 2022
Corruption Control -0.6 points -0.61 points Yearly 2023
Political stability index -0.24 points -0.16 points Yearly 2023
Infant Mortality Rate 29.4 30.5 Yearly 2023
Life Expectancy 67.35 66.04 Yearly 2023
Physicians per 1,000 people 0.05 0.05 Yearly 2022
Electricity Access 15.6% 14% Yearly 2023
Internet Users 18% 17% Yearly 2023
Travel Earnings $35M $62M Yearly 2020
Visitor Arrivals 871,000 837,000 Yearly 2018