Markets Actual Q2 Q3 Q4 Q1 2022
Currency 786.68 791 794 797 800 806

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 5.00 3.8 3.8 3.8 6 6
Unemployment Rate (%) 6.00 6.5 6.5 6.5 6.2 6.2
Inflation Rate (%) 9.40 12 10 8 7.6 8.1
Interest Rate (%) 12.00 12 11 11 11 11
Balance of Trade (MWK Million) -100359.60 -94149 -94258 -94350 -94350 -94354
Current Account to GDP (%) -21.20 -16 -16 -16 -16 -12
Government Debt to GDP (%) 61.20 73 73 73 73 72
Government Budget (% of GDP) -4.00 -6.3 -6.3 -6.3 -6.3 -4.7
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 2022
GDP Annual Growth Rate (%) 5.00 3.8 3.8 3.8 6 6
GDP (USD Billion) 7.67 6 6 6 6 7.5
Gross Fixed Capital Formation (MWK Million) 201909.40 209582 209582 209582 214024 222157
GDP per capita (USD) 523.60 532 532 532 532 550
GDP per capita PPP (USD) 1059.70 1050 1050 1050 1050 1140
GDP Constant Prices (MWK Million) 7084378.60 7353585 7353585 7353585 7509441 7794800

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 6.00 6.5 6.5 6.5 6.2 6.2
Population (Million) 18.60 19.64 19.64 19.55 19.55 20.02

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 9.40 12 10 8 7.6 8.1
Consumer Price Index CPI (points) 139.84 134 135 142 150 154
Food Inflation (%) 11.70 13 10 8 8 8
CPI Transportation (points) 129.69 130 133 136 140 147

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 12.00 12 11 11 11 11

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (MWK Million) -100359.60 -94149 -94258 -94350 -94350 -94354
Current Account to GDP (%) -21.20 -16 -16 -16 -16 -12

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 61.20 73 73 73 73 72
Government Budget (% of GDP) -4.00 -6.3 -6.3 -6.3 -6.3 -4.7
Government Spending (MWK Million) 147297.00 152894 152894 152894 156135 162068
Fiscal Expenditure (MWK Billion) 231.90 165 165 185 185 200
Military Expenditure (USD Million) 62.80 55 55 60 60 60
Government Budget Value (MWK Billion) -6.50 -64 -64 -54 -54 -60
Government Revenues (MWK Billion) 149.70 115 115 138 138 145

Taxes Actual Q2 Q3 Q4 Q1 2022
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.