mw Malawi 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$11.77 billion

↑ 6.49% vs 2019
GDP per Capita

$602.51

↑ 3.72% vs 2019
GDP Growth (Annual %)

0.79%

↓ 4.92pp vs 2019
Inflation Rate (CPI %)

8.63%

↓ 0.75pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $11.05 billion $11.77 billion +6.49%
GDP per Capita $580.89 $602.51 +3.72%
GDP Growth (Annual %) 5.72% 0.79% -4.92pp
Inflation (CPI %) 9.37% 8.63% -0.75pp
Unemployment Rate (%) 4.97% 5.73% +0.76pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$11.77 billion
GDP per Capita
$602.51
GDP Growth (Annual %)
0.79%
Gross National Income
$11.44 billion
Prices & Employment
Inflation (CPI %)
8.63%
Inflation (GDP Deflator %)
6.22%
Unemployment Rate (%)
5.73%
Interest Rate (Real %)
16.94%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-13.92%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Malawi's Gross Domestic Product (GDP) is $11.77 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Malawi for 2020 is $602.51. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Malawi for 2020 is 8.63%. This measures the annual percentage change in the cost of consumer goods and services.

Malawi's annual GDP growth rate for 2020 is 0.79%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Malawi for 2020 is 5.73%. This represents the percentage of the labor force that is unemployed and actively seeking employment.