Imports$1.687 billion (2011 est.)
Exports$911.5 million (2011 est.)
Inflation rate (consumer prices)7.6% (2011 est.)
GDP - per capita (PPP)$900 (2011 est.)
National product real growth rate6.5% (2010 est.)
Internet users716,400 (2009)
Telephones - mobile cellular3.038 million (2009)
Population growth rate2.758% (2012 est.)
Population16,323,044 (July 2012 est.)
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....
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....