Malawi recorded a Current Account deficit of 12.10 percent of the country's Gross Domestic Product in 2020. source: Reserve Bank of Malawi

Current Account to GDP in Malawi averaged -12.84 percent of GDP from 1977 until 2020, reaching an all time high of -0.25 percent of GDP in 1998 and a record low of -27.60 percent of GDP in 2013. This page provides - Malawi Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malawi Current Account to GDP - values, historical data and charts - was last updated on July of 2021.

Current Account to GDP in Malawi is expected to reach -14.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malawi Current Account to GDP is projected to trend around -11.50 percent of GDP in 2022 and -10.00 percent of GDP in 2023, according to our econometric models.

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Malawi Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-12.10 -15.10 -0.25 -27.60 1977 - 2020 percent of GDP Yearly

Malawi Trade Last Previous Highest Lowest Unit
Balance of Trade -87675.70 -156086.60 4926.02 -214748.40 MWK Million [+]
Current Account -1206.20 -1418.60 -4.38 -1418.60 USD Million [+]
Current Account to GDP -12.10 -15.10 -0.25 -27.60 percent of GDP [+]
Imports 186557.20 186557.20 274708.90 1055.70 MWK Million [+]
Exports 98881.50 30470.60 109459.30 617.70 MWK Million [+]
Capital Flows 1270.06 1265.05 1342.87 87.58 USD Million [+]
Terrorism Index 1.64 0.66 1.64 0.00 [+]
Foreign Direct Investment 112.30 101.50 598.80 5.64 USD Million [+]
External Debt 2021553.18 1670407.38 2021553.18 980.60 MWK Million [+]


Malawi Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.