Malawi

The Republic of Malawi

Capital: Lilongwe

28

 

Malawi is the 143rd largest export economy in the world and the 86th most complex economy according to the Economic Complexity Index (ECI). In 2014, Malawi exported $1.49B and imported $2.79B, resulting in a negative trade balance of $1.3B. In 2014 the GDP of Malawi was $4.26B and its GDP per capita was $821.

Population 15.9 million

Area 118,484 sq km (45,747 sq miles)

Major languages English, Chichewa (both official)

Major religions Christianity, Islam

Life expectancy 55 years (men), 55 years (women)

Currency Malawi kwacha

UN, World Bank

 Top exports

Raw Tobacco ($761M), Tea ($91.8M), Radioactive Chemicals ($69.5M), Raw Sugar ($64.8M) and Dried Legumes ($59.7M),

Top imports

Refined Petroleum ($341M), Packaged Medicaments ($188M), Nitrogenous Fertilizers ($121M), Wheat ($65.9M) and Mixed Mineral or Chemical Fertilizers ($63.9M).

Trade Balance

As of 2014 Malawi had a negative trade balance of $1.3B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $82.9M in net imports.

29

Recommended Posts

Leave a Comment