Budgets in AfricaCountry profiles

Malawi

Region: Southern Africa
Currency: Malawian Kwacha (MWK)
Population: 18.1 million
Capital: Lilongwe
Finance minister: Goodall Gondwe
Ministry website: www.finance.gov.mw
Fiscal year: July-June
Regional Economic Community: COMESA

Key economic indicators
2011 2012 2013 2014 2015
GDP (current MWK[billions]) 1,252.75 1,501.73 2,011.12 2,569.69 3,205.51
GDP (%) 1,098.17 1,118.88 1,177.07 1,244.16 1,280.86
GDP growth (%) 4.85 1.89 5.2 5.7 2.95
GDP per capita (current MWK) 67,930.29 67,273.83 68,790.89 70,676.49 70,724.58
GDP per capita (%) 77,491.99 90,292.98 117,535.36 145,975.61 176,997
Inflation (CPI) (%) 7.62 21.3 28.28 23.78 21.86
General government revenue (% of GDP) 21.95 27.15 28.28 24.99 24.74
General government expenditure (% of GDP) 26.07 28.92 34.7 29.83 30.68
Budget balance (% of GDP) -4.12 -1.77 -6.42 -4.84 -5.94
Primary balance (% of GDP) -1.76 -0.21 -2.22 0.12 -2.63
General government debt (% of GDP) 79.27 77.49 95.62 100.36 83.43