Malawi Current Account to GDP 1977-2014 | Data | Chart | Calendar

Malawi recorded a Current Account deficit of 7.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Malawi averaged -10.63 Percent from 1977 until 2013, reaching an all time high of -0.25 Percent in 1998 and a record low of -25.10 Percent in 1979. Current Account to GDP in Malawi is reported by the National Statistical Office of Malawi.

   
 
 

Malawi Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-7.90 -12.70 -0.25 -25.10 1977 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Malawi Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Malawi Current Account to GDP - was last refreshed on Friday, October 24, 2014.

Malawi Trade Last Previous Highest Lowest Unit
Balance of Trade -59409.80 -44771.80 4926.00 -74146.50 MWK Million [+]
Exports 36921.40 44100.50 69251.00 617.70 MWK Million [+]
Imports 96331.20 88872.30 105708.80 1055.70 MWK Million [+]
Current Account -119687.50 -136214.80 -3728.00 -136214.80 MWK Million [+]
Current Account to GDP -7.90 -12.70 -0.25 -25.10 Percent [+]
Gold Reserves 0.40 0.40 0.40 0.40 Tonnes [+]