Malawi Current Account Balance: % of GDP

Key information about Malawi Current Account Balance: % of GDP

• Malawi Current Account deficit accounted for 17.0 % of the country's Nominal GDP in Dec 2023, compared with a 17.8 % deficit in the previous year.
• Malawi Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 1977 to Dec 2023, with an average value of -2.9 %.
• The data reached an all-time high of -0.2 % in Dec 1998 and a record low of -25.1 % in Dec 1979.

CEIC calculates Current Account Balance as % of Nominal GDP from annual Current Account Balance and annual Nominal GDP. The National Statistical Office of Malawi provides Current Account Balance and Nominal GDP in local currency. Nominal GDP prior to 2017 is based on old methodology. Current Account Balance as % of Nominal GDP prior to 2012 is sourced from the World Bank.


Key information about Malawi Current Account Balance: % of GDP

• In the latest reports of Malawi, Current Account recorded a deficit of 2.3 USD bn in Dec 2023.
• Foreign Direct Investment (FDI) increased by 46.4 USD mn in Dec 2021.
• Malawi Direct Investment Abroad fell by 122.4 USD mn in Dec 2021.
• Its Foreign Portfolio Investment fell by 146.4 USD mn in Dec 2021.
• The country's Nominal GDP was reported at 10.9 USD bn in Dec 2019.

View Malawi's Current Account Balance: % of GDP from 1977 to 2023 in the chart:

What was Malawi's Current Account Balance: % of GDP in 2023?

Malawi Current Account deficit accounted for 17.0 % of the country's Nominal GDP in Dec 2023, compared with a 17.8 % deficit in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-17.0 2023	-17.8 2022	-25.1 1979	-0.2 1998	%	yearly	1977 - 2023

Current Account Balance: % of GDP by Country Comparison

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