Malawi External Debt: % of GDP

2006 - 2021 | Yearly | % | Ministry of Finance and Economic Affairs

Key information about Malawi External Debt: % of GDP

  • Malawi External Debt accounted for 60.1 % of the country's Nominal GDP in 2021, compared with the ratio of 53.8 % in the previous year.
  • Malawi External Debt: % of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2021.
  • The data reached an all-time high of 66.7 % in Dec 2016 and a record low of 15.0 % in Dec 2006.

The Ministry of Finance provides External Debt as % of Nominal GDP. External Debt covers Public sector only.


Related information about Malawi External Debt: % of GDP

  • In the latest reports of Malawi, Current Account recorded a deficit of 1.8 USD bn in Dec 2021.
  • 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 External Debt reached 2,812,733.5 in Dec 2021.
  • The country's Nominal GDP was reported at 10.9 USD bn in Dec 2019.

View Malawi's External Debt: % of GDP from 2006 to 2021 in the chart:

Malawi External Debt: % of GDP

What was Malawi's External Debt: % of GDP in 2021?

Malawi External Debt accounted for 60.1 % of the country's Nominal GDP in 2021, compared with the ratio of 53.8 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
60.1 2021 53.8 2020 15.0 2006 66.7 2016 % yearly 2006 - 2021

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 45.9 2023 yearly 1991 - 2023
Algeria (%) 1.3 2023 yearly 1970 - 2023
Argentina (%) 45.3 2023 yearly 1994 - 2023
Armenia (%) 64.2 2023 yearly 2000 - 2023
Australia (%) 112.4 2024 yearly 1988 - 2024
Austria (%) 136.1 2023 yearly 1997 - 2023
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 48.6 Sep 2024 quarterly Dec 2000 - Sep 2024
Belgium (%) 231.5 2023 yearly 2007 - 2023
Bolivia (%) 35.0 2023 yearly 2006 - 2023
Bosnia and Herzegovina (%) 17.8 2023 yearly 1999 - 2023
Botswana (%) 7.3 2023 yearly 1995 - 2023
Brazil (%) 27.5 2024 yearly 1992 - 2024
Bulgaria (%) 47.3 2024 yearly 1999 - 2024
Cambodia (%) 56.7 2022 yearly 2010 - 2022
Canada (%) 148.4 2024 yearly 1990 - 2024
Chile (%) 71.7 2023 yearly 1971 - 2023
China (%) 13.4 2023 yearly 1985 - 2023
Colombia (%) 48.2 2024 yearly 1970 - 2024
Croatia (%) 73.5 2022 yearly 1998 - 2022
Cyprus (%) 828.3 2023 yearly 2004 - 2023
Czech Republic (%) 61.7 2023 yearly 1995 - 2023
Denmark (%) 132.3 2023 yearly 2005 - 2023
Ecuador (%) 48.3 2023 yearly 1970 - 2023
Egypt (%) 38.8 Jun 2024 quarterly Jun 1999 - Jun 2024
Estonia (%) 89.2 2023 yearly 1996 - 2023
European Union (%) 111.1 2023 yearly 2008 - 2023
Finland (%) 215.7 2023 yearly 1991 - 2023
France (%) 244.9 2023 yearly 2004 - 2023
Georgia (%) 79.6 2023 yearly 1999 - 2023
Germany (%) 146.1 2023 yearly 1999 - 2023
Ghana (%) 37.4 2023 yearly 1999 - 2023
Greece (%) 246.0 2023 yearly 2003 - 2023
Hong Kong SAR, China (%) 483.3 2023 yearly 2001 - 2023
Hungary (%) 128.8 2023 yearly 2006 - 2023
Iceland (%) 70.8 2024 yearly 1989 - 2024
India (%) 18.9 2023 yearly 1970 - 2023
Indonesia (%) 30.4 2024 yearly 2003 - 2024
Iran (%) 0.3 2023 yearly 1994 - 2023
Ireland (%) 575.3 2024 yearly 2002 - 2024
Israel (%) 28.4 2023 yearly 1998 - 2023
Italy (%) 129.0 2022 yearly 2002 - 2022
Ivory Coast (%) 31.4 2021 yearly 1994 - 2021
Japan (%) 111.4 2024 yearly 2003 - 2024
Jordan (%) 80.7 2023 yearly 1970 - 2023
Kazakhstan (%) 59.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Kenya (%) 40.3 2023 yearly 2006 - 2023
South Korea (%) 35.8 2024 yearly 1994 - 2024
Kosovo (%) 39.6 2023 yearly 2007 - 2023
Kuwait (%) 39.4 2023 yearly 2014 - 2023
Kyrgyzstan (%) 66.6 2023 yearly 2003 - 2023
Laos (%) 74.2 2023 yearly 1996 - 2023
Latvia (%) 98.9 Dec 2024 quarterly Mar 2000 - Dec 2024
Lebanon (%) 21.2 2021 yearly 2007 - 2021
Lithuania (%) 69.2 2023 yearly 1996 - 2023
Luxembourg (%) 4,446.8 2023 yearly 2002 - 2023
North Macedonia (%) 83.2 2023 yearly 2004 - 2023
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 69.7 2024 yearly 2009 - 2024
Malta (%) 858.9 2023 yearly 2004 - 2023
Mauritius (%) 1,359.5 2023 yearly 2009 - 2023
Mexico (%) 33.0 2023 yearly 2002 - 2023
Moldova (%) 60.6 2023 yearly 2000 - 2023
Mongolia (%) 157.4 2024 yearly 1992 - 2024
Montenegro (%) 141.5 2022 yearly 2006 - 2022
Morocco (%) 50.9 2022 yearly 1970 - 2022
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 373.8 2023 yearly 2003 - 2023
New Zealand (%) 86.4 2023 yearly 1993 - 2023
Nigeria (%) 11.9 2023 yearly 1985 - 2023
Norway (%) 160.3 2024 yearly 2003 - 2024
Pakistan (%) 35.1 2024 yearly 2000 - 2024
Palestinian Territory (%) 11.9 2023 yearly 2012 - 2023
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 56.2 2023 yearly 2000 - 2023
Peru (%) 37.6 2024 yearly 1980 - 2024
Philippines (%) 28.7 2023 yearly 1990 - 2023
Poland (%) 49.6 2023 yearly 1995 - 2023
Portugal (%) 149.5 2023 yearly 1996 - 2023
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.3 2024 yearly 1995 - 2024
Russia (%) 13.4 2024 yearly 1993 - 2024
Serbia (%) 65.3 2023 yearly 2000 - 2023
Singapore (%) 391.1 2023 yearly 2003 - 2023
Slovakia (%) 96.0 2023 yearly 1995 - 2023
Slovenia (%) 88.6 2024 yearly 1995 - 2024
South Africa (%) 41.5 2023 yearly 1985 - 2023
Spain (%) 163.6 2023 yearly 1995 - 2023
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 168.3 2024 yearly 1997 - 2024
Switzerland (%) 238.7 2023 yearly 1999 - 2023
Taiwan (%) 27.6 2024 yearly 1999 - 2024
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 38.0 Sep 2024 quarterly Mar 2005 - Sep 2024
Tunisia (%) 90.4 2023 yearly 2002 - 2023
Turkey (%) 45.1 2023 yearly 1989 - 2023

Malawi Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Consolidated Fiscal Balance (USD mn) -3.829 Jan 2025 monthly Oct 2005 - Jan 2025
Tax Revenue (USD mn) 1,677.860 2022 yearly 2009 - 2022
Tax Revenue: % of GDP (%) 12.8 2022 yearly 2009 - 2022
National Government Debt (USD mn) 2,620.0 2014 yearly 2010 - 2014
Government Debt: % of GDP (%) 66.0 2014 yearly 2010 - 2014
Forecast: Government Expenditure (MWK bn) 8,041.529 2029 yearly 2002 - 2029
Forecast: Government Net Debt (MWK bn) 23,726.151 2029 yearly 2002 - 2029
Forecast: Government Revenue (MWK bn) 7,547.370 2029 yearly 2002 - 2029
Central Government: Deficit or Surplus (MWK bn) -6.700 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Revenue and Grants: Revenue (MWK bn) 434.400 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Net Financing (MWK bn) 209.600 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Expenditure (MWK bn) 522.300 Jan 2025 monthly Oct 2005 - Jan 2025
Central Government: Revenue and Grants (MWK bn) 515.600 Jan 2025 monthly Oct 2005 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.545 2028 yearly 1980 - 2028
Trade Balance (USD mn) -152.1 Nov 2024 monthly Jan 1964 - Nov 2024
Total Exports (USD mn) 149.2 Nov 2024 monthly Jan 1994 - Nov 2024
Total Exports Growth (%) 35.4 Nov 2024 monthly Jan 1995 - Nov 2024
Aluminum: Exports (USD th) 632.702 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 17.600 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 61.064 2023 yearly 1995 - 2023
Total Imports (USD mn) 300.9 Nov 2024 monthly Jan 1994 - Nov 2024
Total Imports Growth (%) 24.8 Nov 2024 monthly Jan 1995 - Nov 2024
Imports: Medicament (USD th) 95,047.621 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 95,349.643 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 0.782 Nov 2024 monthly Dec 1984 - Nov 2024
Total Imports from USA (USD mn) 2.635 Nov 2024 monthly Jul 1987 - Nov 2024
Total Exports to China (USD mn) 0.090 Nov 2024 monthly Jan 2008 - Nov 2024
Total Imports from China (USD mn) 34.375 Nov 2024 monthly Feb 1999 - Nov 2024
Foreign Trade: Imports (MWK mn) 526,730.649 Nov 2024 monthly Jan 1994 - Nov 2024
Foreign Trade: Re-Exports (MWK mn) 10,682.068 Nov 2024 monthly Jan 1994 - Nov 2024
Foreign Trade Balance (MWK mn) -266,219.080 Nov 2024 monthly Jan 1994 - Nov 2024
Foreign Trade: Exports (MWK mn) 261,073.377 Nov 2024 monthly Jan 1994 - Nov 2024
Import Value Index (2015=100) 140.916 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 89.753 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 122.732 2021 yearly 1980 - 2021
Export Value Index (2015=100) 93.195 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -122.4 2021 yearly 2003 - 2021
Current Account Balance (USD mn) -2,276.0 2023 yearly 1977 - 2023
Current Account Balance: % of GDP (%) -17.0 2023 yearly 1977 - 2023
Foreign Direct Investment (USD mn) 46.4 2021 yearly 1970 - 2021
Foreign Direct Investment: % of GDP (%) 0.4 2021 yearly 1970 - 2021
Foreign Portfolio Investment (USD mn) -146.374 2021 yearly 2003 - 2021
Foreign Portfolio Investment: % of GDP (%) -1.2 2021 yearly 2003 - 2021
Foreign Portfolio Investment: Equity Securities (USD mn) -0.0 2021 yearly 2003 - 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 2.597 2023 yearly 2003 - 2023
External Debt (MWK mn) 2,812,733.5 2021 yearly 1984 - 2021
External Debt: % of GDP (%) 60.1 2021 yearly 2006 - 2021
External Debt: Short Term (USD mn) 13.8 2023 yearly 1970 - 2023
External Debt: Short Term: % of GDP (%) 0.6 2019 yearly 2002 - 2019
Forecast: Current Account Balance (USD bn) -1.425 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -6,956.681 2022 yearly 2002 - 2022
BoP: Current and Capital Account (MWK mn) -99,300.000 2012 yearly 2003 - 2012
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 8.3 Jun 2024 quarterly Dec 2003 - Jun 2024
Household Debt: % of GDP (%) 0.3 2011 yearly 2006 - 2011
Non-Performing Loans (USD mn) 83.604 Sep 2024 quarterly Jun 2015 - Sep 2024
Money Supply M1 (USD mn) 1,005.072 Apr 2021 monthly Jan 1975 - Apr 2021
Money Supply M2 (USD mn) 3,067.958 Jan 2025 monthly Jan 1975 - Jan 2025
M2 Growth (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Reserve Requirement Ratio (%) 10.0 Jan 2025 monthly Jan 2019 - Jan 2025
Foreign Exchange Reserves (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Foreign Exchange Reserves: % of GDP (%) 7.753 2019 yearly 2002 - 2019
Foreign Exchange Reserves: Months of Import (NA) 1.7 Oct 2021 monthly Jan 1994 - Oct 2021
Gold Reserves (USD mn) 22.783 Nov 2015 monthly Jan 1972 - Nov 2015
Total Deposits (USD mn) 352.158 Jan 2025 monthly Feb 2005 - Jan 2025
Total Deposits Growth (%) 33.4 Jan 2025 monthly Feb 2006 - Jan 2025
Domestic Credit (USD mn) 4,459.4 Jan 2025 monthly Jan 1975 - Jan 2025
Domestic Credit Growth (%) 38.2 Jan 2025 monthly Jan 1976 - Jan 2025
Household Debt (USD mn) 17.7 Dec 2011 monthly Jan 2006 - Dec 2011
Private Debt: % of Nominal GDP (%) 7.49 2023 yearly 2017 - 2023
Monetary Aggregates: M1 (MWK bn) 796.100 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Aggregates: Quasi Money (MWK bn) 848.900 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Aggregates: M2 (MWK bn) 5,370.000 Jan 2025 monthly Jan 1975 - Jan 2025
Monetary Survey: Net Domestic Assets: Domestic Credit (MWK bn) 7,805.500 Jan 2025 monthly Jan 1975 - Jan 2025
Monetary Survey: Official Foreign Reserves (MWK mn) 400,770.800 Dec 2022 monthly Jan 1975 - Dec 2022
Bank Deposits (MWK bn) 616.400 Jan 2025 monthly Feb 2005 - Jan 2025

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