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Malawi : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$1.687 billion (2011 est.)
$1.671 billion (2010 est.)


$911.5 million (2011 est.)
$964.3 million (2010 est.)

Inflation rate (consumer prices)

7.6% (2011 est.)
7.4% (2010 est.)

Unemployment rate


GDP - per capita (PPP)

$900 (2011 est.)
$800 (2010 est.)
$800 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

6.5% (2010 est.)
7.6% (2009 est.)
9.8% (2008 est.)

Internet users

716,400 (2009)

Telephones - mobile cellular

3.038 million (2009)

Population growth rate

2.758% (2012 est.)


16,323,044 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Historical background

Established in 1891, the British protectorate of Nyasaland became the independent nation of Malawi in 1964.

After three decades of one-party rule under President Hastings Kamuzu BANDA the country held multiparty elections in 1994, under a provisional constitution that came into full effect the following year.

President Bingu wa MUTHARIKA, elected in May 2004 after a failed attempt by the previous president to amend the constitution to permit another term, struggled to assert his authority against his predecessor and subsequently started his own party, the Democratic Progressive Party (DPP) in 2005.

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Economic overview

Landlocked Malawi ranks among the world's most densely populated and least developed countries.

The economy is predominately agricultural with about 80% of the population living in rural areas.

Agriculture, which has benefited from fertilizer subsidies since 2006, accounts for more than one-third of GDP and 90% of export revenues.

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Oxford Economics

Country Economic Forecasts > Malawi

Country Economic Forecasts > Malawi

  • $ 185
  • Country report
  • June 2016
  • by Oxford Economics

Over the period 2016-2020 the economy is expected to grow on average by 5.3%. This compares to average annual growth of 4.5% in the years 2011 to 2015.  

  • Countries : Malawi

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