Malawi Current Account to GDP

Malawi recorded a Current Account deficit of 18.50 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Malawi is reported by the National Statistical Office of Malawi. From 1977 until 2012, Malawi Current Account to GDP averaged -10.8 Percent reaching an all time high of -0.3 Percent in December of 1998 and a record low of -25.1 Percent in December of 1979. 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. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-18.50 -18.10 -0.25 -25.10 -19.24 | 2014/06 1977 - 2012 Percent Yearly

TO

Malawi Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -48241.92 2013-06-15 -56643.90 4926.00 -74146.50 -55817.52 2014-06-30 MWK Million [+]
Current Account -119687.50 2011-12-31 -136214.80 -3728.00 -136214.80 -178297.78 2014-06-30 MWK Million [+]
Current Account to GDP -18.50 2012-12-31 -18.10 -0.25 -25.10 -19.24 2014-06-30 Percent [+]
Exports 29957.52 2013-06-15 21690.40 41937.12 617.70 23531.36 2014-06-30 MWK Million [+]
Imports 78150.25 2013-06-15 78334.30 78334.30 1055.70 95825.87 2014-06-30 MWK Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Malawi Balance of Trade at -48241.92 MWK Million  
Malawi recorded a trade deficit of 48241.92 MWK Million in June of 2013. Balance of Trade in Malawi is reported by the National Statistical Office of Malawi.
Malawi Exports at 29957.52 MWK Million  
Exports in Malawi increased to 29957.52 MWK Million in June of 2013 from 21690.40 MWK Million in May of 2013. Exports in Malawi is reported by the National Statistical Office of Malawi.
Malawi Imports at 78150.25 MWK Million  
Imports in Malawi decreased to 78150.25 MWK Million in June of 2013 from 78334.30 MWK Million in May of 2013. Imports in Malawi is reported by the National Statistical Office of Malawi.
Malawi Gross Fixed Capital Formation at 102152.60 MWK Million  
Gross Fixed Capital Formation in Malawi increased to 102152.60 MWK Million in 2007 from 88127.70 MWK Million in 2006. Gross Fixed Capital Formation in Malawi is reported by the National Statistical Office Of Malawi.
Malawi Government Spending at 48679.50 MWK Million  
Government Spending in Malawi increased to 48679.50 MWK Million in 2007 from 35466.30 MWK Million in 2006. Government Spending in Malawi is reported by the National Statistical Office of Malawi.
Malawi Consumer Price Index (CPI) at 161.20 Index Points  
Consumer Price Index (CPI) in Malawi decreased to 161.20 Index Points in March of 2014 from 161.60 Index Points in February of 2014. Consumer Price Index (CPI) in Malawi is reported by the National Statistical Office of Malawi.
Malawi Inflation Rate at 24.00 Percent  
The inflation rate in Malawi was recorded at 24 percent in March of 2014. Inflation Rate in Malawi is reported by the Reserve Bank of Malawi.
Malawi Personal Income Tax Rate at 30.00 percent  
The Personal Income Tax Rate in Malawi stands at 30 percent. Personal Income Tax Rate in Malawi is reported by the Malawi Revenue Authority.
Malawi GDP Annual Growth Rate at 6.10 Percent  
The Gross Domestic Product (GDP) in Malawi expanded 6.10 percent in 2013 from the previous year. GDP Annual Growth Rate in Malawi is reported by the Reserve Bank of Malawi.
Malawi Population at 15.91 Million  
The total population in Malawi was last recorded at 14.8 million people in 2012 from 3.5 million in 1960, changing 319 percent during the last 50 years. Population in Malawi is reported by the World Bank.
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