Economic Structure

GROSS DOMESTIC PRODUCT (GDP)

US$ 4.257 billion (2014, World Bank)

GROWTH RATE OF GDP

5. 4% (2015, EPD)

PER CAPITA GDP

USD 250 (2014, World Bank)

CONSUMER PRICE INDEX

23.0% (Aug 2015, NSO)

INFLATION RATE

20.46% (2015 Average, NSO)

GOVERNMENT EXPENDITURE

US$1.22 billion (2014, DEPD)

TOTAL EXPENDITURES

28.7% of GDP 2014/2015 (DEPD)

BUDGET SURPLUS/DEFICIT

4.3% of GDP 2014/2015 (Deficit, DEPD)

AGRICULTURE

30.0% GDP (NSO and DEPD)

INDUSTRY: MANUFACTURING

9.5 % GDP (NSO and DEPD)

SERVICES

47.5% GDP (NSO and DEPD)

EXPORT

35.6% GDP (NSO and World Bank)

IMPORTS

72.1% GDP (NSO and World Bank)

TRADE BALANCE

A deficit of USD 1,364.9

BALANCE OF PAYMENTS

A deficit of US$1, 552, 300, 000 

FOREIGN DIRECT INVESTMENT

USD 694,160,000 (2014,Reserve Bank of Malawi)

CURRENCY AND EXCHANGE RATE

Malawi currency is the Malawi Kwacha. The exchange rate is liberalised.

FISCAL YEAR

July to June


Source: Malawi Investment and Trade Centre (MITC) 

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