Malawi GDP YoYMalawi GDP YoYMalawi GDP YoY

Malawi GDP YoY

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
16.70% on Dec 31, 1995
Lowest
−10.00% on Dec 31, 1994

About Malawi GDP YoY


Category
GDP
Frequency
Annual
Units
%
Geographically landlocked, Malawi is one of the least developed countries in the world. Malawi’s economy relies mostly on grants from foreign donors. Agriculture is the most important sector of the economy and accounts for 80 percent of the labour force and 80 percent of exports. Serious deficiencies in the public sector, telecommunications and infrastructures are an obstacle to growth.