Official Name: | The Republic of Malawi |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic |
Official Name (Local Language): | Dziko la Malawi |
ISO Country Codes: | MW : MWI |
Internet Domain: | .mw |
Government Web Site: | http://www.malawi.gov.mw/ |
Capital: | Lilongwe | Main Airports: | Chileka International Airport, Lilongwe International Airport |
Language(s): | English;Chewa | Population: | 20,308,502 |
Currency: | Malawi Kwacha | ISO Currency Code: | MWK |
Telephone Dial In: | +265 | ID Prefix: | 00 |
Government Website: | http://www.malawi.gov.mw/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/malawi |
Central Bank: | Reserve Bank of Malawi |
Currency USD Exchange Rate: | 762.4951Malawian kwachas (MWK) per US dollar (2020 est.) |
Unemployment Rate: | 20.4% (2013 est.) |
Population below poverty line: | 50.7% (2010 est.) |
Inflation Rate: | 9.3% (2019 est.) |
Prime Lending Rate: | 32.30% (2018 - World Bank) |
GDP: | $7.766 billion (2019 est.) |
GDP Pro Capita (PPP): | $1,060 (2019 est.) |
Currency Name: | Malawi Kwacha |
Currency Code: | MWK |
World Bank Classification: | Low Income |
GDP Composition:
Agriculture: | 32% | tobacco, sugarcane, tea, corn, potatoes, sweet potatoes, cassava (manioc, tapioca), sorghum, pulses, cotton, groundnuts, macadamia nuts, coffee; cattle, goats |
Industry: | 17.5% | tobacco, tea, sugar, sawmill products, cement, consumer goods |
Services: | 50.5% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | English |
Customs & Excise: | Malawi Custom and Excise |
Development Bank(s): | African Development Bank; Trade and Development Bank; |
National Standards Bureau: | Malawi Bureau of Standards |
Competitive Ind’l Performance: 128/141 (2019) | Corruption Perceptions Index: 129/180 (2020) |
Ease of Doing Business: 109/190 (2019) | Enabling Trade Index: 101/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
Eximbank: Afreximbank ; Export Credit Agency: Caribbean Export Development Agency ; Export Development Fund ; Export Insurance Agency: The African Trade Insurance Agency ;
Investment & Export Promotion Agency: Malawi Investment and Trade Centre ;
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