household debts in Malawi

Gross debt in Malawi

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Malawi in the period from 1998 to 2021 was between 716.0 million and 8.1 billion USD. The highest level of the last years at eight billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 406 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 23 years in billion USD

YearMalawi totalMalawi per capitaEU per capita
19981.03 bn USD97 USD14,079 USD
19991.10 bn USD102 USD14,032 USD
20001.07 bn USD96 USD11,241 USD
20023.55 bn USD303 USD12,266 USD
20032.72 bn USD227 USD15,295 USD
20042.60 bn USD211 USD17,606 USD
20052.59 bn USD205 USD18,337 USD
20060.72 bn USD55 USD18,887 USD
20070.84 bn USD63 USD20,910 USD
20081.25 bn USD91 USD24,100 USD
20091.45 bn USD103 USD25,376 USD
20101.34 bn USD92 USD26,515 USD
20111.60 bn USD107 USD29,254 USD
20121.72 bn USD112 USD28,198 USD
20131.95 bn USD123 USD30,008 USD
20142.03 bn USD124 USD30,677 USD
20152.26 bn USD133 USD25,944 USD
20162.01 bn USD116 USD26,287 USD
20173.60 bn USD201 USD27,108 USD
20184.34 bn USD236 USD28,543 USD
20194.99 bn USD265 USD27,264 USD
20206.67 bn USD344 USD30,919 USD
20218.07 bn USD406 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Malawi       European Union

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