The Six / Southern Africa / Malawi
◇ Region 5: Southern Africa
Malawi
African Union member state in Southern Africa. Currency: MWK (1,738.97 per US dollar on Oct 15, 2026).
GDP$18.2B2026
Real GDP growth2.2%2026 (projection)
Inflation24.4%2026
Macro Pulse23 / 100how it is scored
Indicators
Latest available value for each indicator, with its source and reporting period. Values older than our freshness limits are not shown.
| Indicator | Value | Period | Source |
|---|---|---|---|
| GDP (Current USD) | $18.2B | 2026 | International Monetary Fund (via Africa-API) |
| GDP Growth (Annual %) | 2.2% | 2026 | International Monetary Fund (via Africa-API) |
| GDP Per Capita (Current USD) | $733 | 2026 | International Monetary Fund (via Africa-API) |
| Inflation (CPI) | 24.4% | 2026 | International Monetary Fund (via Africa-API) |
| Official Exchange Rate (Latest) | 1,735.04 | Sep 2026 | World Bank (via Africa-API) |
| Public Debt (% GDP) | 74.5% | 2026 | International Monetary Fund (via Africa-API) |
| Fiscal Balance (% GDP) | -10.5% | 2026 | International Monetary Fund (via Africa-API) |
| Current Account Balance (% GDP) | -15.4% | 2026 | International Monetary Fund (via Africa-API) |
| Total Reserves (Including Gold, Current USD) | $594M | 2020 | World Bank (via Africa-API) |
| FDI Net Inflows | $452M | 2025 | United Nations Trade and Development (via Africa-API) |
| Personal Remittances Received (Current USD) | $187M | 2024 | World Bank (via Africa-API) |
| Personal Remittances Received (% GDP) | 1.7% | 2024 | World Bank (via Africa-API) |
| Trade Balance (USD) | −$2.7B | 2025 | World Bank (via Africa-API) |
| Trade Openness (% GDP) | 39.4% | 2025 | World Bank (via Africa-API) |
| External Debt Stocks (% GNI) | 35.2% | 2024 | World Bank (via Africa-API) |
| Unemployment Rate | 5.1% | 2025 | World Bank (via Africa-API) |
| Total Population | 22,216,120 | 2025 | World Bank (via Africa-API) |
| Access to Electricity | 15.6% | 2024 | World Bank (via Africa-API) |
| Political Stability Estimate | -0.16 | 2025 | World Bank (via Africa-API) |
| Regulatory Quality Estimate | -0.59 | 2025 | World Bank (via Africa-API) |
| Rule of Law Estimate | -0.14 | 2025 | World Bank (via Africa-API) |
Stock exchange
- Malawi Stock Exchange (MSE)17 listed securities tracked · most traded in the region