Markets Actual Q2 Q3 Q4 Q1 2020
Currency 765.95 743 746 749 752 758
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 3.70 5 5 5 5.3 5.3
Unemployment Rate (%) 5.90 5.7 5.7 5.7 5.5 5.5
Inflation Rate (%) 8.90 8.4 8.4 8 6.7 6
Interest Rate (%) 13.50 13.5 13.5 14 14 14
Balance of Trade (MWK Million) -129242.80 -94149 -94258 -94408 -94408 -94354
Current Account to GDP (%) -10.50 -10 -10 -10 -9 -9
Government Debt to GDP (%) 54.70 54 54 54 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 Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 3.70 5 5 5 5.3 5.3
GDP (USD Billion) 6.30 7 7 7 7.3 7.3
Gross Fixed Capital Formation (MWK Million) 184693.90 184388 184388 184388 184915 194161
GDP per capita (USD) 486.45 481 487 487 487 487
GDP per capita PPP (USD) 1095.04 1083 1097 1097 1097 1097
GDP Constant Prices (MWK Million) 1381652.11 1450735 1450735 1450735 1454880 1527624
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 5.90 5.7 5.7 5.7 5.5 5.5
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 8.90 8.4 8.4 8 6.7 6
Consumer Price Index CPI (Index Points) 110.20 109 114 119 123 126
Food Inflation (%) 13.00 10 9.5 9 8.5 4.8
CPI Transportation (Index Points) 110.88 113 116 118 118 125
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 13.50 13.5 13.5 14 14 14
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (MWK Million) -129242.80 -94149 -94258 -94408 -94408 -94354
Current Account to GDP (%) -10.50 -10 -10 -10 -9 -9
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 54.70 54 54 54 52 52
Government Budget (% of GDP) -5.60 -5.6 -5.6 -5.6 -5.6 -5.6
Government Spending (MWK Million) 134737.90 134515 134515 134515 134899 141644
Taxes Actual Q2 Q3 Q4 Q1 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.