Malawi External Debt: % of GDP
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 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 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:
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 (%) | 37.8 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 46.8 2025 | yearly | 1994 - 2025 |
| Armenia (%) | 64.8 2025 | yearly | 2000 - 2025 |
| Australia (%) | 107.6 2025 | yearly | 1988 - 2025 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 40.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Belgium (%) | 242.8 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 16.4 2025 | yearly | 1999 - 2025 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 29.0 2025 | yearly | 1992 - 2025 |
| Bulgaria (%) | 50.5 2025 | yearly | 1999 - 2025 |
| Cambodia (%) | 45.4 2024 | yearly | 2010 - 2024 |
| Canada (%) | 147.8 2025 | yearly | 1990 - 2025 |
| Chile (%) | 77.6 2025 | yearly | 1971 - 2025 |
| China (%) | 11.9 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 48.0 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 617.2 2025 | yearly | 2004 - 2025 |
| Czech Republic (%) | 66.4 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 142.9 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 48.9 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 42.4 Sep 2025 | quarterly | Jun 1999 - Sep 2025 |
| Estonia (%) | 100.4 2025 | yearly | 1996 - 2025 |
| European Union (%) | 106.7 2025 | yearly | 2013 - 2025 |
| Finland (%) | 207.2 2025 | yearly | 1991 - 2025 |
| France (%) | 250.2 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 70.3 2025 | yearly | 1999 - 2025 |
| Germany (%) | 151.3 2025 | yearly | 1999 - 2025 |
| Ghana (%) | 25.7 2025 | yearly | 1999 - 2025 |
| Greece (%) | 237.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 481.9 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 118.0 2025 | yearly | 2006 - 2025 |
| Iceland (%) | 75.3 2025 | yearly | 1989 - 2025 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 29.9 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 507.4 2025 | yearly | 2002 - 2025 |
| Israel (%) | 26.9 2025 | yearly | 1998 - 2025 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 109.3 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 74.1 2025 | yearly | 1970 - 2025 |
| Kazakhstan (%) | 59.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kenya (%) | 31.1 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 40.9 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 41.3 2024 | yearly | 2014 - 2024 |
| Kyrgyzstan (%) | 68.2 2024 | yearly | 2003 - 2024 |
| Laos (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Latvia (%) | 99.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (%) | 21.3 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 93.1 2025 | yearly | 1996 - 2025 |
| Luxembourg (%) | 3,937.1 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 72.0 2025 | yearly | 2004 - 2025 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.9 2025 | yearly | 2009 - 2025 |
| Malta (%) | 785.5 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 1,200.9 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 35.1 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 56.7 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 159.5 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 345.3 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 98.2 2025 | yearly | 1993 - 2025 |
| Nigeria (%) | 12.0 2025 | yearly | 1985 - 2025 |
| Norway (%) | 156.0 2025 | yearly | 2003 - 2025 |
| Pakistan (%) | 33.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 13.1 2024 | yearly | 2012 - 2024 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 59.8 2025 | yearly | 2000 - 2025 |
| Peru (%) | 33.5 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 30.3 2025 | yearly | 1990 - 2025 |
| Poland (%) | 50.1 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 145.3 2025 | yearly | 1996 - 2025 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 12.5 2025 | yearly | 1993 - 2025 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 402.2 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 100.8 2025 | yearly | 1995 - 2025 |
| Slovenia (%) | 88.9 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 46.9 2025 | yearly | 1985 - 2025 |
| Spain (%) | 162.9 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 157.5 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 226.4 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 26.5 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 35.4 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Tunisia (%) | 73.8 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 32.6 2025 | yearly | 1995 - 2025 |
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Learn more about what we doMalawi Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Sep 2025 | monthly | Apr 2005 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -185.453 Feb 2026 | monthly | Oct 2005 - Feb 2026 |
| Tax Revenue (USD mn) | 1,677.860 2022 | yearly | 2009 - 2022 |
| Tax Revenue: % of GDP (%) | 13.5 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) | 23,571.006 2031 | yearly | 2002 - 2031 |
| Forecast: Government Net Debt (MWK bn) | 55,995.807 2031 | yearly | 2002 - 2031 |
| Forecast: Government Revenue (MWK bn) | 14,307.427 2031 | yearly | 2002 - 2031 |
| Central Government: Expenditure (MWK bn) | 700.100 Feb 2026 | monthly | Oct 2005 - Feb 2026 |
| Central Government: Revenue and Grants (MWK bn) | 376.100 Feb 2026 | monthly | Oct 2005 - Feb 2026 |
| Central Government: Revenue and Grants: Revenue (MWK bn) | 335.500 Feb 2026 | monthly | Oct 2005 - Feb 2026 |
| Central Government: Net Financing (MWK bn) | 261.800 Feb 2026 | monthly | Oct 2005 - Feb 2026 |
| Central Government: Deficit or Surplus (MWK bn) | -324.400 Feb 2026 | monthly | Oct 2005 - Feb 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.545 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -213.9 Feb 2026 | monthly | Jan 1964 - Feb 2026 |
| Total Exports (USD mn) | 53.3 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Total Exports Growth (%) | 77.4 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Aluminum: Exports (USD th) | 60.077 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 222.975 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 34.498 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 290.7 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Total Imports Growth (%) | 10.0 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Imports: Medicament (USD th) | 105,095.742 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 79,592.082 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 6.027 Dec 2025 | monthly | Dec 1984 - Dec 2025 |
| Total Imports from USA (USD mn) | 13.225 Dec 2025 | monthly | Jul 1987 - Dec 2025 |
| Total Exports to China (USD mn) | 1.443 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| Total Imports from China (USD mn) | 32.513 Dec 2025 | monthly | Feb 1999 - Dec 2025 |
| Foreign Trade Balance (MWK mn) | -416,509.998 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Foreign Trade: Imports (MWK mn) | 509,857.194 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Foreign Trade: Exports (MWK mn) | 93,347.196 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Foreign Trade: Re-Exports (MWK mn) | 19.334 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Export Value Index (2015=100) | 90.100 2023 | yearly | 1980 - 2023 |
| Import Volume Index (2015=100) | 106.700 2023 | yearly | 1980 - 2023 |
| Export Volume Index (2015=100) | 79.500 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 137.700 2023 | yearly | 1980 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.4 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| 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) | 4,310.063 Feb 2026 | monthly | Jan 1975 - Feb 2026 |
| M2 Growth (%) | 51.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Reserve Requirement Ratio (%) | 10.0 Apr 2026 | monthly | Jan 2019 - Apr 2026 |
| 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) | 756.108 Feb 2026 | monthly | Feb 2005 - Feb 2026 |
| Total Deposits Growth (%) | 99.0 Feb 2026 | monthly | Feb 2006 - Feb 2026 |
| Domestic Credit (USD mn) | 6,553.5 Feb 2026 | monthly | Jan 1975 - Feb 2026 |
| Domestic Credit Growth (%) | 40.8 Feb 2026 | monthly | Jan 1976 - Feb 2026 |
| 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: M2 (MWK bn) | 7,473.700 Feb 2026 | monthly | Jan 1975 - Feb 2026 |
| Monetary Survey: Net Domestic Assets: Domestic Credit (MWK bn) | 11,363.900 Feb 2026 | monthly | Jan 1975 - Feb 2026 |
| Monetary Aggregates: Quasi Money (MWK bn) | 848.900 Apr 2021 | monthly | Jan 1975 - Apr 2021 |
| Monetary Aggregates: M1 (MWK bn) | 796.100 Apr 2021 | monthly | Jan 1975 - Apr 2021 |
| Monetary Survey: Official Foreign Reserves (MWK mn) | 400,770.800 Dec 2022 | monthly | Jan 1975 - Dec 2022 |
| Bank Deposits (MWK bn) | 1,311.100 Feb 2026 | monthly | Feb 2005 - Feb 2026 |
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