Markets Actual Q3 Q4 Q1 Q2 2020
Currency 721.64 738 741 744 747 754
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.70 5 5 5.3 5.3 5.3
Unemployment Rate (%) 5.90 5.7 5.7 5.5 5.5 5.5
Inflation Rate (%) 9.30 9.1 8.3 7.7 6.4 6
Interest Rate (%) 13.50 13.5 14 14 14 14
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 (%) 54.70 54 54 52 52 52
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 5.3 5.3 5.3
GDP (USD Billion) 7.06 7 7 7.3 7.3 7.3
Gross Fixed Capital Formation (MWK Million) 184693.90 184037 184037 186671 184915 195631
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 1447971 1447971 1468696 1454880 1539194
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 5.90 5.7 5.7 5.5 5.5 5.5
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 9.30 9.1 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) 112.52 117 119 119 118 126
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 13.50 13.5 14 14 14 14
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 (%) 54.70 54 54 52 52 52
Government Budget (% of GDP) -5.60 -5.6 -5.6 -5.6 -5.6 -5.6
Government Spending (MWK Million) 134737.90 134259 134259 136180 134899 142717
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.