Malawi - Economic Forecasts - 2018-2020 Outlook

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.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 713.44
721 729 737 745 777
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 2.70
percent
4.22 4.15 4.07 4 4.75
GDP 5.44
USD Billion
5.95 5.7 5.45 5.2 4.9
Gross Fixed Capital Formation 175607.92
MWK Million
163119 163903 164687 165471 122516
GDP per capita 481.50
USD
480 478 477 475 450
GDP per capita PPP 1084.00
USD
1083 1079 1075 1070 1011
GDP Constant Prices 1306936.81
MWK Million
1314684 1322814 1330943 1339073 1351821
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 6.74
percent
6.8 6.8 6.8 6.8 7.2
Population 18.09
Million
19.1 19.1 19.1 19.1 20.2
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 7.10
percent
9.2 9.4 8.8 10.5 12
Consumer Price Index CPI 279.88
Index Points
271 263 256 251 225
Food Inflation 4.30
percent
6.2 5.9 5.5 5.6 4.8
CPI Transportation 214.73
Index Points
214 213 212 210 185
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 16.00
percent
16 16 15 15 15
Deposit Interest Rate 11.60
percent
13.51 13.04 12.57 12.1 14.12
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -52012.50
MWK Million
-33444 -31474 -29820 -28404 -21479
Exports 64832.50
MWK Million
37975 34941 32183 29945 20783
Imports 116845.00
MWK Million
104547 101675 98937 96313 72382
Current Account -1022.00
USD Million
-1046 -957 -868 -780 -639
Current Account to GDP -13.90
percent
-11 -11 -8.76 -11 -14
Capital Flows 638.97
USD Million
1079 973 868 762 556
Gold Reserves 0.40
Tonnes
0.4 0.4 0.4 0.4 0.4
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 317.70
USD Million
364 393 422 451 297
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 41.40
percent
35 35 35 35 41
Government Budget -6.10
percent of GDP
-4.61 -5.75 -6.89 -8.03 -3.91
Government Spending 128109.50
MWK Million
122196 122830 123464 124098 104665
Fiscal Expenditure 55337.00
MWK Million
53435 52529 51623 50717 44920
Military Expenditure 39.60
USD Million
43.49 43.91 44.33 44.74 41.79
Government Revenues 88045.00
MWK Million
72587 73635 74682 75730 61087
Government Budget Value 19631.00
MWK Million
10988 7883 4778 1673 6932
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production 5.81
percent
1.59 1.59 1.58 1.58 1.58
Internet Speed 1308.79
KBps
1045 1015 989 968 827
IP Addresses 15425.00
IP
15126 15093 14995 14876 13776
Ease of Doing Business 110.00
130 126 122 119 131
Competitiveness Index 3.11
Points
3.11 3.11 3.11 3.11 3.34
Competitiveness Rank 132.00
131 131 131 131 128
Corruption Index 31.00
Points
30 30 30 30 32
Corruption Rank 120.00
113 117 122 126 107
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Private Sector Credit 405445.00
MWK Million
373246 364227 355940 348702 335403
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Sales Tax Rate 16.50
percent
17 17 17 17 17
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 206.07
mm
215 42.78 4.3 93.77 91.05
Temperature 25.56
celsius
22.8 19.92 19.42 23.84 21.98