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Malawi

CABRI member since: 2022
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, SADC
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2010 MWK[billions]) 1,244.16 1,280.86 1,309.94 1,362.33 1,405.52
GDP (current MWK[billions]) 2,569.69 3,198.56 3,943.23 4,549.72 5,060.28
GDP growth (%) 5.7 2.95 2.27 4 3.17
GDP per capita (constant 2010 MWK) 70,676.49 70,724.58 70,305.24 71,070.61 71,270.95
GDP per capita (current MWK) 145,975.61 176,613.2 211,635.86 237,351.22 256,596
Inflation (CPI) (%) 23.78 21.86 21.73 11.54 9.22
General government revenue (% of GDP) 24.99 24.72 23.68 25.24 23.62
General government expenditure (% of GDP) 29.83 31.06 30.96 32.57 29.12
Budget balance (% of GDP) -4.84 -6.34 -7.28 -7.33 -5.5
Primary balance (% of GDP) 0.12 -2.7 -2.49 -3.05 -1.35
General government debt (% of GDP) 54.74 61.17 61.34 61.49 63.12
Population (millions) 17.6 18.11 18.63 19.17 19.72

Country budget information

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