Spending $1M a day would take 19 years to use up the entire debt.
DebtClock.io
National Debt of Malawi
8,147,630,335,311 MK
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
63.74%
Latest year: 2024
Debt (nominal)
8,147,630,335,311 MK
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GDP (nominal)
12,782,401,178,694 MK
Latest year: 2024
Population
19,129,955
Latest year: 2024
Interest per Year
244,428,910,059 MK
≈ 7,745 MK / second
Debt per Citizen
425,910 MK
Based on latest pop
Inflation (CPI, %)
32.18%
Year: 2024
GDP growth (%, real)
1.83%
Year: 2024
Unemployment (%)
5.05%
Year: 2024
Budget balance (% GDP)
-10.58%
Year: 2022
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Malawi Economy Snapshot
The economy of Malawi shows mixed signals, with a nominal GDP of 12.8 trillion MK and average income of about 668,188 MK per person. High inflation at 32.18%, while the economy posted modest growth of 1.83%. Low unemployment around 5.05%, and the government runs a substantial 10.58% fiscal deficit.
| GDP (nominal) | 12,782,401,178,694 MK |
|---|---|
| GDP per capita | 668,188 MK |
| Inflation | 32.18% |
| GDP growth | 1.83% |
| Unemployment | 5.05% |
| Budget balance | -10.58% |
Malawi Economy Facts
Equivalent to 1,403,439,817 Big Macs to feed the planet several times over.
Paying $1 every second would take 222 years to clear the balance.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Slovenia | 63.37% | $ 72.5B |
 Sierra Leone | 63.39% | $ 7.5B |
| Malawi | 63.74% | $ 11.0B |
 Poland | 63.91% | $ 914.7B |
 Thailand | 64.37% | $ 526.4B |