Markets Actual Q1 Q2 Q3 Q4 2020
Currency 729.11 732 734 737 739 745
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 4.00 7 7 7 7 6.5
Unemployment Rate (%) 5.40 5.2 5.2 5.2 5.2 5
Inflation Rate (%) 10.40 8.5 7.4 6.7 6.3 5
Interest Rate (%) 13.50 12.5 12.5 11.5 11.5 10.75
Balance of Trade (MWK Million) -96558.30 -94149 -94258 -94408 -94278 -94354
Current Account to GDP (%) -14.70 -10 -10 -10 -10 -12
Government Debt to GDP (%) 62.00 65 65 65 65 65
Government Budget (% of GDP) -4.50 -5.3 -5.3 -5.3 -5.3 -5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 4.00 7 7 7 7 6.5
GDP (USD Billion) 7.06 7.3 7.3 7.3 7.3 7.5
Gross Fixed Capital Formation (MWK Million) 191861.00 197622 197622 197622 197622 210468
GDP per capita (USD) 516.80 520 520 520 520 532
GDP per capita PPP (USD) 1163.30 1240 1240 1240 1240 1380
GDP Constant Prices (MWK Million) 1430022.80 1530124 1530124 1530124 1530124 1629582
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 5.40 5.2 5.2 5.2 5.2 5
Population (Million) 18.14 19.47 19.47 19.47 19.08 19.55
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 10.40 8.5 7.4 6.7 6.3 5
Consumer Price Index CPI (points) 119.95 125 118 122 128 134
Food Inflation (%) 17.20 8.5 8.5 8.5 4.8 4.8
CPI Transportation (points) 116.14 120 119 120 123 130
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 13.50 12.5 12.5 11.5 11.5 10.75
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (MWK Million) -96558.30 -94149 -94258 -94408 -94278 -94354
Current Account to GDP (%) -14.70 -10 -10 -10 -10 -12
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 62.00 65 65 65 65 65
Government Budget (% of GDP) -4.50 -5.3 -5.3 -5.3 -5.3 -5
Government Spending (MWK Million) 139966.40 144170 144170 144170 144170 153541
Military Expenditure (USD Million) 53.50 55 55 55 55 60
Government Budget Value (MWK Million) -21283.60 7202 7202 7202 7202 8886
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 16.50 16.5 16.5 16.5 16.5 16.5


This page has economic forecasts for Malawi including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Malawi economy.