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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 2020 was between 716.0 million and 6.7 billion USD. The highest level of the last years at seven billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 344 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.


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Gross debt of the last 22 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 USD11,232 USD
20023.55 bn USD303 USD12,258 USD
20032.72 bn USD227 USD15,286 USD
20042.60 bn USD211 USD17,595 USD
20052.59 bn USD205 USD18,327 USD
20060.72 bn USD55 USD18,877 USD
20070.84 bn USD63 USD20,898 USD
20081.25 bn USD91 USD24,086 USD
20091.45 bn USD103 USD25,361 USD
20101.34 bn USD92 USD26,496 USD
20111.60 bn USD107 USD29,231 USD
20121.72 bn USD112 USD28,174 USD
20131.95 bn USD123 USD29,981 USD
20142.03 bn USD124 USD30,648 USD
20152.26 bn USD133 USD25,918 USD
20162.01 bn USD116 USD26,261 USD
20173.72 bn USD208 USD27,024 USD
20184.34 bn USD236 USD28,448 USD
20194.99 bn USD265 USD27,168 USD
20206.67 bn USD344 USD30,783 USD


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



      Malawi       European Union


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