Economy        0  388 reads

Aid as % of GDP

26.2%

[6th of 129]

Consumer price index

198.4 %

[15th of 165]

Debt service

7.82

[84th of 128]

Economic freedom

1.35

[135th of 156]

Exports > Goods and services

26%

[114th of 156]

Exports to US

$13,100,000.00

[129th of 224]

GDP > PPP

$7,065,000,000.00

[133rd of 163]

GDP growth > annual %

2.55 annual %

[134th of 187]

GDP per capita, PPP > current international $

667.07 PPP $

[159th of 169]

GINI index

39

[10th of 40]

Gross National Income

$1,706,240,000.00

[130th of 172]

Gross national income > constant LCU

15784970000

 

Human Development Index

0.404

[166th of 178]

Imports of goods, services and income > BoP, current US$

839,654,000 BoP $

[133rd of 156]

Income category

Low income

 

Stock exchange

National Stock Exchange

 

Total reserves minus gold > current US$

158,913,200 $

[148th of 178]

Tourist arrivals by region of origin > Africa

336,856

[12th of 142]

Tourist arrivals by region of origin > Europe

60,437

[125th of 195]

Trade balance with US

-$9,600,000.00

[134th of 224]


Currency
 

Currency

kwacha

 

ISO code

MWK 454

 

Official exchange rate > LCU per US$, period average

118.42

 

PPP conversion factor to official exchange rate ratio

0.24

[136th of 169]

Real effective exchange rate index

75.2 %

[90th of 96]

Regime

float

 

Subdivision

100

[137th of 192]

Symbol

MK

 

Terms of trade since 1995

94.03

[75th of 117]



Energy
 

Coal > Production

65,000 ton

[44th of 65]

Electrical outages > days

63.21 days

[4th of 42]

Electricity > Production by source > Fossil fuel

3.3%

[196th of 223]

Electricity > Production by source > Hydro

96.7%

[17th of 223]

Electricity > Production by source > Nuclear

0%

[57th of 223]

Electricity > Production by source > Other

0%

[78th of 210]

electricity consumption > Date of > Information

2003

 

Gasoline prices

1.13

[52nd of 141]

Hydroelectricity consumption

1.27

[92nd of 213]

natural gas consumption > Date of > Information

2003 est.

 

Petroleum Waxes > Imports

3,000 ton

[23rd of 33]

Residual Fuel Oil > Consumption by households and other consumers

1,000 ton

[91st of 98]

Residual Fuel Oil > Consumption by other consumers

1,000 ton

[79th of 85]

Residual Fuel Oil > Imports

1,000 ton

[142nd of 150]

Residual Fuel Oil > Net inland availability

1,000 ton

[150th of 155]

Traditional fuel consumption

88.6%

[14th of 130]

Uranium > Reasonably assured reserves

8,800 ton

[18th of 38]

Wall plugs > Frequency

50 HZ

[122nd of 151]

Wall plugs > Plug type
UK

Wall plugs > Voltage

230 V

[116th of 209]


Industry
 

Changes in inventories > current US$

17,169,880 $

[85th of 138]

Chemicals > % of value added in manufacturing

49.72 %

[1st of 91]

Machinery and transport equipment > % of value added in manufacturing

6.25 %

[38th of 91]

Manufactures exports > % of merchandise exports

16.27 %

[89th of 156]

Manufacturing, value added > annual % growth

11.87 %

[10th of 156]

Manufacturing, value added > constant 2000 US$

214,180,200 constant 2000 US$

[92nd of 155]

Manufacturing, value added > constant LCU

1793274000

 

Manufacturing, value added > current LCU

26461480000

 

Manufacturing, value added > current US$

223,490,100 $

[98th of 167]

Ores and metals exports > % of merchandise exports

0.2 %

[104th of 154]

Ores and metals imports > % of merchandise imports

0.85 %

[97th of 155]

Other manufacturing > % of value added in manufacturing

-227.14 %

[70th of 107]

Patent applications, nonresidents

313

[38th of 96]

Patent applications, residents

3

[82nd of 97]

Textiles and clothing > % of value added in manufacturing

9.23 %

[42nd of 101]

value added > annual % growth

15.44 %

[6th of 164]

value added > constant 2000 US$

332,724,400 constant 2000 US$

[117th of 164]

value added > constant LCU

2785814000

 

value added > current LCU

41107340000

 

value added > current US$

347,187,200 $

[120th of 172]


Agriculture
 

Agricultural growth

115

[62nd of 149]

Agricultural machinery > tractors

1,430

[127th of 190]

Arable and permanent cropland

2,240 thousand hectares

[79th of 148]

Arable land > % of land area

26.04 % of land area

[37th of 199]

Arable land > hectares

2,450,000 hectares

[75th of 199]

Banana production

93,000 metric tonnes

[43rd of 48]

Cereal production

115 thousand metric tons

[62nd of 149]

Cotton exports

30 thousand bales

[43rd of 109]

Cotton production

30

[49th of 109]

Crop production index

91.8 %

[165th of 182]

Fertilizer use

14.6 kg

[99th of 138]

Food production index

95.6 %

[163rd of 182]

Labor share

82.4%

[9th of 149]

Livestock production index

101.9 %

[118th of 181]

Organic cropland

298 hectares

[68th of 88]

Pesticide use

0.3 kg

[33rd of 45]

Tractor concentration

0.6

[126th of 147]

Tractors

1,430

[119th of 147]

value added > annual % growth

-9.11 %

[134th of 164]

Workers per hectare

2

[23rd of 148]


Transportation
 

Air transport, freight > million tons per km

1.36 million tons/km

[120th of 153]

Aircraft departures

4,700

[118th of 155]

Airports > With paved runways > 1524 to 2437 m

1

[128th of 139]

Airports > With paved runways > 914 to 1523 m

4

[51st of 117]

Airports > With paved runways > Over 3047 m

1

[99th of 119]

Airports > With unpaved runways > 1524 to 2437 m

1

[87th of 99]

Airports > With unpaved runways > 914 to 1523 m

15

[47th of 137]

Driving side of the road > Left or right

Left side

 

Highways > Paved

5,254 km

[50th of 113]

Highways > Total

28,400 km

[45th of 118]

Highways > Unpaved

23,146 km

[33rd of 113]

Investment in transport with private participation > current US$

6,000,000 $

[25th of 30]

Motor vehicles

0 motor vehicles per 100 p

[134th of 134]

Ports and harbors
Chipoka, Monkey Bay, Nkhata Bay, Nkhotakota, Chilumba

Transnational Issues > Disputes > international
dispute with Tanzania over the boundary in Lake Nyasa (Lake Malawi ) and the meandering Songwe River remain dormant

Travel services > % of commercial service exports

67.33 %

[29th of 153]

Vehicle abundance

0.6 per square km

[112nd of 141]

Waterways > A note
on Lake Nyasa (Lake Malawi ) and Shire Riverall

 

Taxation
 

Average time to clear customs > days

3.46 days

[17th of 39]

CPIA fiscal policy rating

3

[51st of 75]

Net taxes on products > constant LCU

2300076000

 

Net taxes on products > current LCU

33939830000

 

Net taxes on products > current US$

286,651,300 $

[103rd of 159]

Tax rates > % of managers surveyed ranking this as a major business constraint

9.62 %

[37th of 39]

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