Economic Trivia

Tobacco accounts for more than half of Malawi's exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): South Africa, China, and India
Top 3 Exported Goods (2015): Tobacco, Sugar & Confectionery, and Coffee & Spices

Top Industries Source: CIA World Factbook

Tobacco; Tea; Sugar; Sawmill Products

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $19,437,615,929 (2018)
GDP Growth Rate (annual %) 3.5% (2018)
GDP Per Capita, PPP (current international) $1,071 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 147/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 9.371% (2019)
External debt stocks, total (DOD, current US$) $2,265,972,918 (2018)
Total tax rate (% of commercial profits) 34.5% (2019)
Real Interest Rate (5 year average %) 21.815% (2018)
Manufacturing, value added (% of GDP) 9.366% (2017)
Current Account Balance (BoP, current US$) ($1,426,524,326) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 8,079,173 (2019)
Employment in Agriculture (% of total employment) 43.649% (2019)
Employment in Industry (% of total employment) 13.805% (2019)
Employment in Services (% of total employment) 42.545% (2019)
Unemployment Rate 5.653% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $2,279,713,395 (2017)
Exports of goods and services (current US$) $1,838,219,295 (2017)
Total Merchandise Trade (% of GDP) 51.89% (2018)
FDI, net inflows (BoP, current US$) $102,033,114 (2018)
Commercial Service Exports (current US$) $161,103,463 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Malawi’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank