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Indicators of economy in Malawi

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Malawi reached 412 US dollars per inhabitant, or 7.67 bn US Dollar in the whole country. Malawi is one of the smaller economies and is currently ranked 148. If this is calculated per inhabitant taking into account the purchasing power parity, then Malawi is in the list of the world's richest countries in place 182.

Inflation in Malawi was in 2019 at around 9.37%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 54.04% lower.
The Corruption Perceptions Index for the public sector counts 30 and is compared to other countries very bad.


Back to overview: Malawi

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Malawi
Total
Malawi
per capita
EU
Total
EU
per capita
GDP7.67 bn USD411.55 USD15,626.45 tn USD30,381.17 USD
Gross national product7.16 bn USD384.59 USD16,026.52 tn USD31,158.99 USD


Development of gross domestic product in million US Dollar 1979 - 2019



Im- and Exports 2019

 Malawi
Total
Malawi
per capita
EU
Total
EU
per capita
Imports3.20 bn USD171.66 USD8,073.39 bn USD15,696.41 USD
Exports1.16 bn USD62.53 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in million US dollars 1979 - 2019

Exports
Imports



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