Markets Actual Q1 Q2 Q3 Q4 2020
Currency 719.34 723 726 729 733 739
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.10 4.7 4.65 4.7 4.7 4.8
Unemployment Rate (%) 5.90 5.7 5.7 5.7 5.7 5.5
Inflation Rate (%) 9.90 9.5 9.2 9 9.3 12
Interest Rate (%) 16.00 15 15 14 14 15
Balance of Trade (MWK Million) -101999.00 -94601 -94149 -94258 -94408 -94354
Current Account to GDP (%) -10.50 -10 -10 -10 -10 -14
Government Debt to GDP (%) 54.70 38 38 38 38 41
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 Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.10 4.7 4.65 4.7 4.7 4.8
GDP (USD Billion) 6.30 7 7 7 7 7.3
Gross Fixed Capital Formation (MWK Million) 175607.92 183861 183774 183861 183861 192687
GDP per capita (USD) 486.45 481 481 487 487 487
GDP per capita PPP (USD) 1095.04 1083 1083 1097 1097 1097
GDP Constant Prices (MWK Million) 1381652.11 1446590 1445899 1446590 1446590 1516026
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 5.90 5.7 5.7 5.7 5.7 5.5
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 9.90 9.5 9.2 9 9.3 12
Consumer Price Index CPI (Index Points) 109.89 116 113 116 122 136
Food Inflation (%) 12.00 10.5 10 9.5 9 4.8
CPI Transportation (Index Points) 109.59 113 117 118 123 137
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 16.00 15 15 14 14 15
Deposit Interest Rate (%) 9.95 8.95 8.95 7.95 7.95 7.95
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (MWK Million) -101999.00 -94601 -94149 -94258 -94408 -94354
Current Account to GDP (%) -10.50 -10 -10 -10 -10 -14
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 54.70 38 38 38 38 41
Government Budget (% of GDP) -5.60 -5.6 -5.6 -5.6 -5.6 -5.6
Government Spending (MWK Million) 128109.50 134131 134067 134131 134131 140569
Government Budget Value (MWK Million) -21283.60 -2708 -679 1350 3379 7202
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.