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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 710.00
721 727 734 740 768
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 5.10
percent
4 4 4.7 4.65 4.8
GDP 6.30
USD Billion
6.4 6.4 7 7 7.3
Gross Fixed Capital Formation 175607.92
MWK Million
182632 182632 183861 183774 200394
GDP per capita 486.45
USD
481 486 481 481 488
GDP per capita PPP 1095.04
USD
1092 1094 1083 1083 1099
GDP Constant Prices 1381652.11
MWK Million
1359214 1436918 1446590 1445899 1576667
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5.90
percent
5.8 5.8 5.7 5.7 5.5
Population 18.62
Million
19.1 19.1 19.27 19.39 20.2
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 8.60
percent
8.8 9.5 10 12 12
Consumer Price Index CPI 100.97
Index Points
98.8 110 116 113 137
Food Inflation 9.10
percent
5.5 5.6 5.3 6.45 4.8
Cpi Housing Utilities 105.68
Index Points
108 108 108 108 108
CPI Transportation 104.54
Index Points
233 235 113 117 295
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 16.00
percent
15 15 15 15 15
Deposit Interest Rate 11.60
percent
10.6 10.6 10.6 10.6 10.6
Money Supply M1 489900.00
MWK Million
492774 492903 493045 492983 492958
Money Supply M2 1048300.00
MWK Million
1099248 1130971 1159928 1189405 1476199
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -52012.50
MWK Million
-62009 -62322 -62315 -62176 -62239
Exports 64832.50
MWK Million
60938 60570 60633 60771 60708
Imports 116845.00
MWK Million
122946 122948 122948 122948 122948
Current Account -1115.30
USD Million
-974 -963 -1006 -1049 -1100
Current Account to GDP -10.50
percent
-11 -11 -10 -10 -14
Capital Flows 755.52
USD Million
601 447 445 444 348
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 458.90
USD Million
395 349 344 339 366
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 54.70
percent
35 35 38 38 41
Government Budget -5.60
percent of GDP
-5.42 -5.02 -4.89 -4.75 -3.88
Government Spending 128109.50
MWK Million
133234 133234 134131 134067 146192
Fiscal Expenditure 105009.00
MWK Million
75071 81810 78663 75516 58681
Military Expenditure 43.50
USD Million
40.5 37.61 36.23 34.84 38.14
Government Revenues 83725.40
MWK Million
77800 77074 75955 74837 67567
Government Budget Value -21283.60
MWK Million
2728 -679 -2708 -679 8886
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 38.57
percent
4.16 4.33 4.42 4.45 4.45
Internet Speed 1308.79
KBps
985 959 942 926 862
IP Addresses 15425.00
IP
17798 18240 18650 19061 23156
Ease of Doing Business 110.00
112 108 108 108 109
Competitiveness Index 3.11
Points
3.1 3.1 3.12 3.12 3.3
Competitiveness Rank 132.00
130 130 134 135 133
Corruption Index 31.00
Points
30 30 30 30 30
Corruption Rank 122.00
122 119 119 119 115
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Private Sector Credit 405445.00
MWK Million
402369 402256 402176 402119 401986
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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
16.5 16.5 17 17 17
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 206.07
mm
4.3 93.77 216 85.06 91.05
Temperature 25.56
celsius
19.42 23.84 22.84 22.12 21.98