Malawi Government Budget

Malawi recorded a Government Budget deficit equal to 7.20 percent of the country's Gross Domestic Product in 2012. Government Budget in Malawi is reported by the African Economic Outlook. Government Budget in Malawi averaged -2.98 Percent of GDP from 2002 until 2012, reaching an all time high of 0.10 Percent of GDP in 2010 and a record low of -7.90 Percent of GDP in 2002. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Malawi Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-7.20 -2.80 0.10 -7.90 -14.05 | 2014/06 2002 - 2012 Percent of GDP Yearly

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Malawi Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Budget -7.20 2012-12-31 -2.80 0.10 -7.90 -14.05 2014-06-30 Percent of GDP [+]
Government Debt To Gdp 16.30 2011-12-31 16.90 119.70 15.80 15.31 2014-06-30 percent [+]
Government Spending 48679.50 2007-06-30 35466.30 48679.50 27173.70 49509.22 2007-12-31 MWK Million [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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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