Markets Actual Q3 Q4 Q1 Q2 2020
Currency 725.74 726 729 732 736 742
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.70 5 5 7 7 7
Unemployment Rate (%) 5.40 5.3 5.3 5.2 5.2 5.2
Inflation Rate (%) 9.30 9.7 8.3 7.7 6.4 6
Interest Rate (%) 13.50 12.5 12.5 12 12 11.5
Balance of Trade (MWK Million) -96558.30 -94258 -94408 -94408 -94408 -94354
Current Account to GDP (%) -10.50 -10 -10 -9 -9 -9
Government Debt to GDP (%) 62.00 67 67 65 65 65
Government Budget (% of GDP) -5.60 -5.6 -5.6 -5.6 -5.6 -5.6
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.70 5 5 7 7 7
GDP (USD Billion) 7.06 7 7 7.3 7.3 7.3
Gross Fixed Capital Formation (MWK Million) 184693.90 193929 193929 197622 197622 207504
GDP per capita (USD) 516.80 505 505 520 520 520
GDP per capita PPP (USD) 1163.30 1180 1180 1240 1240 1240
GDP Constant Prices (MWK Million) 1381652.11 1450735 1450735 1478368 1478368 1552286
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 5.40 5.3 5.3 5.2 5.2 5.2
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 9.30 9.7 8.3 7.7 6.4 6
Consumer Price Index CPI (Index Points) 111.03 115 119 125 117 126
Food Inflation (%) 14.20 9.5 9 8.5 8.5 4.8
CPI Transportation (Index Points) 112.52 118 119 119 118 126
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 13.50 12.5 12.5 12 12 11.5
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (MWK Million) -96558.30 -94258 -94408 -94408 -94408 -94354
Current Account to GDP (%) -10.50 -10 -10 -9 -9 -9
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 62.00 67 67 65 65 65
Government Budget (% of GDP) -5.60 -5.6 -5.6 -5.6 -5.6 -5.6
Government Spending (MWK Million) 134737.90 141475 141475 144170 144170 151378
Taxes Actual Q3 Q4 Q1 Q2 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.