Malawi Interest Rate

The benchmark interest rate in Malawi was last recorded at 25 percent. Interest Rate in Malawi is reported by the Reserve Bank of Malawi. Interest Rate in Malawi averaged 26.11 Percent from 2001 until 2014, reaching an all time high of 75.53 Percent in February of 2001 and a record low of 13 Percent in August of 2010. In Malawi, interest rates decisions are taken by the Reserve Bank of Malawi’s Monetary Policy Committee. The RBM’s official rate is the key interest rate. This page provides - Malawi Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
25.00 25.00 75.53 13.00 25.00 | 2014/06 2001 - 2014 Percent Monthly

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Malawi Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-13 06:00 PM Malawi
Interest Rate Decision
25% 25% 25%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 25.00 2014-03-31 25.00 75.53 13.00 25.00 2014-06-30 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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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