Malawi GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Malawi expanded 6.10 percent in 2013 from the previous year. GDP Annual Growth Rate in Malawi averaged 4.74 Percent from 1994 until 2013, reaching an all time high of 16.70 Percent in 1995 and a record low of -10 Percent in 1994. GDP Annual Growth Rate in Malawi is reported by the Reserve Bank of Malawi.
||1994 - 2013
Geographically landlocked, Malawi is one of the least developed countries in the world. Malawi’s economy relies mostly on grants from foreign donors. Agriculture is the most important sector of the economy and accounts for 80 percent of the labour force and 80 percent of exports. Serious deficiencies in the public sector, telecommunications and infrastructures are an obstacle to growth. This page provides - Malawi GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.