Budgets in AfricaCountry profiles

Malawi

Region: Southern Africa
Currency: Malawian Kwacha (MWK)
Population: 18.6 million
Capital: Lilongwe
Ministry website: www.finance.gov.mw
Fiscal year: July-June
Regional Economic Community: COMESA

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2010 MWK[billions]) 1,118.88 1,177.07 1,244.16 1,280.86 1,309.94
GDP (current MWK[billions]) 1,501.73 2,011.12 2,569.69 3,201.16 3,921.72
GDP growth (%) 1.89 5.2 5.7 2.95 2.27
GDP per capita (constant 2010 MWK) 67,273.83 68,790.89 70,676.49 70,724.58 70,305.24
GDP per capita (current MWK) 90,292.98 117,535.36 145,975.61 176,756.53 210,481.82
Inflation (CPI) (%) 21.3 28.28 23.78 21.86 21.68
General government revenue (% of GDP) 27.15 28.28 24.99 24.6 25.22
General government expenditure (% of GDP) 28.92 34.7 29.83 30.97 33.02
Budget balance (% of GDP) -1.77 -6.43 -4.84 -6.36 -7.8
Primary balance (% of GDP) -0.21 -2.22 0.12 -2.69 -2.93
General government debt (% of GDP) 43.92 59.25 54.96 61.07 62.08