Tier 1 · Markets
The Market Now
| Series | Per US$1 | As of | Source |
|---|---|---|---|
| Official | not yet covered | ||
| Marketretail | 2,266.47 | 26 Sep 2026, 18:11 UTC | Remitly |
| Premium | not yet covered | ||
Download CSV — FX history · Download CSV — official rate, annual
Tier 2 · Policy & Prices
Policy & Prices
Policy rate
| Instrument | Rate | Effective | Source |
|---|---|---|---|
| Reserve Bank of Malawi Policy rate | 24.00% | 1 Mar 2026 | Reserve Bank of Malawi |
As of 21 Sep 2026, 09:30 UTC
Inflation
| Series | YoY | Period | Source |
|---|---|---|---|
| Headline | 21.10% | Jun 2026 | Source |
As of 12 Sep 2026, 19:49 UTC
Download CSV — headline
Yield curve
91-day
12.00%
26 Aug 2026
182-day
15.00%
26 Aug 2026
364-day
16.00%
26 Aug 2026
Steep — 364-day above 91-day.
Download CSV — auction history
Tier 3 · Structure
Structure & trajectory
Annual indicators, latest available year on each card · Sources: World Bank / UN / IMF WEO Oct 2025 / V-Dem / EIA
16 of 28 indicators improving mixed
Rule: for each metric with at least two observations, direction is the sign of (latest − earliest). Child mortality, $3/day poverty, national poverty, debt service, debt-to-GDP, and the Gini index are inverted (a decline is improvement). Overall: improving if ≥60% of those metrics improved, mixed if 40–60%, worsening if <40%.
Population
22.2M · 2025
↑ 5.6M since 2014
GDP per capita (PPP)
$1,899 · 2025
↑ $393.74 since 2014
GDP per capita growth
-0.7% · 2025
↓ 3.4 pts since 2014
Life expectancy
67.6 years · 2024
↑ 5.9 years since 2014
Child mortality
48.8 per 1,000 · 2024
↓ 11.2 since 2014
Internet users
19% · 2024
↑ 13.1 pts since 2014
Manufacturing share of GDP
11% · 2024
↓ 0.3 pts since 2017
Electricity access
15.6% · 2024
↑ 3.7 pts since 2014
Poverty ($3/day)
75.4% · 2019
↑ 3.7 pts since 2016
National poverty line
50.7% · 2019
↓ 0.8 pts since 2016
Adult literacy
70.2% · 2020
↓ 2.7 pts since 2017
Debt service / exports
10.6% · 2024
↑ 6.5 pts since 2014
Exports of goods and services
$1.5B · 2024
↓ $114.2M since 2014
GDP growth
1.9% · 2025
↓ 3.7 pts since 2014
GDP
$14.9B · 2025
↑ $6.1B since 2014
Unemployment
5.1% · 2025
↑ 0.1 pts since 2014
ILO modeled estimate — national definitions differ
FDI inflows
$258M · 2024
↓ $340.1M since 2014
Remittances
$186.8M · 2024
↑ $148.3M since 2014
External debt
$3.7B · 2024
↑ $2.1B since 2014
Agriculture share of GDP
30% · 2025
↑ 6.2 pts since 2014
Services share of GDP
48.7% · 2025
↓ 4 pts since 2014
Investment rate
not available
Terms of trade
96.30 · 2024
↓ 0.30 since 2014
FX reserves
$594.5M · 2020
↓ $21.6M since 2014
includes gold
Lending rate
37.1% · 2024
↓ 7.2 pts since 2014
Deposit rate
not available
Gini index
38.50 · 2019
↓ 6.20 since 2016
Health expenditure
6.5% · 2023
↓ 0.4 pts since 2014
Physicians
0.1 per 1,000 · 2022
↑ 0 since 2016
Tertiary enrollment
2.7% · 2022
↑ 1.9 pts since 2014
Tourist arrivals
871,000 · 2018
↑ 52,000 since 2014
Account ownership
50.4% · 2024
↑ 32.3 pts since 2014
Findex · every 3–4 years
Exports per capita derived
$70.55 · 2024
↓ $28.24 since 2014
Median age
17.6 years · 2023
↑ 1.7 years since 2014
Government revenue / GDP
18.6% · 2026
↑ 3.4 pts since 2014
Debt to GDP
74.5% · 2026
↑ 40.9 pts since 2014
Source: IMF WEO · latest 1–2 years are IMF estimates
Gross debt (national currency)
MWK 24.1T · 2026
↑ MWK 22.8T since 2014
Source: IMF WEO · latest 1–2 years are IMF estimates
Current account / GDP
-15.4% · 2026
↓ 8.4 pts since 2014
Source: IMF WEO · latest 1–2 years are IMF estimates
Budget balance / GDP
-10.5% · 2026
↓ 7.4 pts since 2014
Source: IMF WEO · latest 1–2 years are IMF estimates
Electoral democracy
0.56 · 2025
↑ 0.01 since 2014
Trade profile
Exports
$1.5B · 2024
↓ $114.2M since 2014
Imports
$3.9B · 2024
↑ $902M since 2014
Balance derived
−$2.4B · 2024
↓ $1B since 2014
Top exports · 2024
Products
Partners
Top imports · 2024
Products
Partners
2025 filings are still arriving — this page updates as each country reports
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