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COUNTRY OUTLOOK / MW

Malawi

Unverified rate framework · ISO:MW

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalLilongwe
RegionSub-Saharan Africa
Income groupLow income
CurrencyMalawian kwacha
GDP$14.92B2025 · current US$
Real GDP growth1.89%2025 · annual %
Population22.22M2025 · people
GDP per capita$671.512025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Malawi's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:MW
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

1.89% · 2025 · annual %

Real GDP growth · annual %0.79%3.26%5.72%2014: 5.62527000105139 annual %2015: 2.80000000003355 annual %2016: 2.49999999914311 annual %2017: 4.00000000089172 annual %2018: 4.35356471619211 annual %2019: 5.71682519194337 annual %2020: 0.793596429787286 annual %2021: 4.55829212016083 annual %2022: 0.921115069005936 annual %2023: 1.94575281675984 annual %2024: 1.6734340852915 annual %2025: 1.88518707821663 annual %20142025
View annual observations
YearValue (annual %)
20251.885
20241.673
20231.946
20220.921
20214.558
20200.794
20195.717
20184.354
20174.000
20162.500
20152.800
20145.625
World Bank source & definition ↗

Economy

GDP$14.92B2025 · current US$Source & definition ↗
Real GDP growth1.89%2025 · annual %Source & definition ↗
GDP per capita$671.512025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 42.19B2025 · current international $Source & definition ↗

People

Population22.22M2025 · peopleSource & definition ↗
Population growth2.56%2025 · annual %Source & definition ↗
Urban population17.59%2025 · % of populationSource & definition ↗
Life expectancy67.562024 · yearsSource & definition ↗
Unemployment · ILO estimate5.07%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+62.58%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing30.03%2025 · % of GDPSource & definition ↗
Industry including construction14.30%2025 · % of GDPSource & definition ↗
Services48.66%2025 · % of GDPSource & definition ↗
Manufacturing10.97%2024 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services10.65%2025 · % of GDPSource & definition ↗
Imports of goods & services28.75%2025 · % of GDPSource & definition ↗
Current account balance-18.79%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows2.28%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation28.37%2025 · annual %Source & definition ↗
Central government debt61.81%2023 · % of GDPSource & definition ↗
Tax revenue15.60%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector7.91%2024 · % of GDPSource & definition ↗
Total reserves including gold$594.5M2020 · current US$Source & definition ↗

Infrastructure

Internet use18.96%2024 · % of populationSource & definition ↗
Access to electricity15.60%2024 · % of populationSource & definition ↗

Geography

Surface area118,4802023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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