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 is reported by the Reserve Bank of Malawi. 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. 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. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.10 5.00 16.70 -10.00 5.70 | 2014/06 1994 - 2013 Percent Yearly

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Malawi GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
Gross Fixed Capital Formation 102152.60 2007-06-30 88127.70 102152.60 28646.10 MWK Million [+]
GDP 4.26 2012-12-31 5.62 5.62 0.16 3.58 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 6.10 2013-12-31 5.00 16.70 -10.00 5.70 2014-06-30 Percent [+]
GDP per capita 258.96 2012-12-31 261.54 261.54 141.13 258.81 2013-12-31 USD [+]
GDP per capita PPP 777.20 2012-12-31 784.97 784.97 539.95 781.44 2013-12-31 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

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 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 Consumer Price Index (CPI) at 161.60 Index Points  
Consumer Price Index (CPI) in Malawi increased to 161.60 Index Points in February of 2014 from 153.10 Index Points in January of 2014. Consumer Price Index (CPI) 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 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 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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