mw Malawi 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$12.38 billion

↑ 5.17% vs 2020
GDP per Capita

$617.45

↑ 2.48% vs 2020
GDP Growth (Annual %)

4.56%

↑ 3.76pp vs 2020
Inflation Rate (CPI %)

9.33%

↑ 0.70pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $11.77 billion $12.38 billion +5.17%
GDP per Capita $602.51 $617.45 +2.48%
GDP Growth (Annual %) 0.79% 4.56% +3.76pp
Inflation (CPI %) 8.63% 9.33% +0.70pp
Unemployment Rate (%) 5.73% 5.66% -0.07pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$12.38 billion
GDP per Capita
$617.45
GDP Growth (Annual %)
4.56%
Gross National Income
$12.01 billion
Prices & Employment
Inflation (CPI %)
9.33%
Inflation (GDP Deflator %)
8.15%
Unemployment Rate (%)
5.66%
Interest Rate (Real %)
14.54%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-15.49%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Malawi's Gross Domestic Product (GDP) is $12.38 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Malawi for 2021 is $617.45. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Malawi for 2021 is 9.33%. This measures the annual percentage change in the cost of consumer goods and services.

Malawi's annual GDP growth rate for 2021 is 4.56%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Malawi for 2021 is 5.66%. This represents the percentage of the labor force that is unemployed and actively seeking employment.