The Economy
| Price inflation rates (annual averages, %) | 2003 | 2004 | 2005 | 2006 |
| National | 9.6 | 11.5 | 15.4 | 13.9 |
| Urban | 10.5 | 12.8 | 11.1 | 16.2 |
| Rural | 9.1 | 10.9 | 14.6 | 12.9 |
| National Accounts (new series) | 2003 | 2004 | 2005* | 2006* |
| GDP by expenditure at costant prices | 271.1 | 285.9 | 293.7 | 315.5 |
| GDP by activity at current prices (K'bn) | 236.2 | 285.8 | 338.0 | 430.0 |
| GDP per capita (K '000) | 20.5 | 23.9 | 27.4 | 33.7 |
| GDP growth rate (%) | 4.3 | 4.9 | 2.3 | 7.9 |
| Balance of payments (K’ bn) | 2003 | 2004 | 2005 | 2006 |
| Current account | -9.1 | -18.6 | -56.7 | -34.6 |
| Capital account | 4.6 | 5.1 | 7.1 | 7.9 |
| Financial account | 6.4 | 7.4 | -6.9 | 13.6 |
| Errors and Ommissions | (-1.9) | 6.0 | 56.5 | 13.0 |
| 2003 | 2004 | 2005 | 2006 | |
| Uk Pound Sterling | 192.7 | 210.1 | 215.2 | 250.725 |
| United States Dollar | 108.6 | 108.9 | 118.4 | 136.0 |
| Euro | 135.3 | 145.8 | 147.1 | 170.8 |
| South African Rand | 16.3 | 19.0 | 17.60 | 20.216 |
| Zimbabwe Dollar | 0.13 | 0.02 | 0.01 | 0.2297 |
| Zambian Kwacha | 0.02 | 0.02 | 0.03 | 0.04 |
| Fuel oils | 4.8 | 7.6 | 10.3 | 12.0 |
| Fertilizers | 3.7 | 4.6 | 7.0 | 11 |
| Main exported commodities | ||||
| Tobacco | 17.9 | 24.2 | 22.3 | 31.6 |
| Tea | 2.9 | 3.5 | 5.1 | 5.9 |
| Sugar | 2.7 | 10.6 | 7.9 | 5.4 |
| Trade with SADC | ||||
| Imports | 30.8 | 43.3 | 50.3 | 84.7 |
| Exports | 7.4 | 11.7 | 17.0 | 16.1 |
| Balance | -23.4 | -31.6 | -33.3 | -68.2 |
| Index of Industrial Production | ||||
| annual average, 1984=100 | ||||
| Total general industrial production | 102.1 | 99.2 | 108.4 | 151.8 |
| Goods for the domestic market | 65.5 | 61.0 | 68.1 | 138.6 |
| Export goods | 117.0 | 120.0 | 127.6 | 114.0 |
| All manufactured goods | 79.3 | 76.7 | 84.0 | 132.0 |
| Electricity and water | 242.4 | 237.0 | 258.3 | 273.3 |
| Public finance (k bn) | 2001/02 | 2002/03 | 2003/04 | 2004/05R |
| Government revenue (excluding grants) | 24.51 | 32.47 | 42.75 | 53.68 |
| Taxes: | ||||
| Income and profits taxes | 10.05 | 12.21 | 12.71 | 19.85 |
| Goods and services taxes | 9.35 | 12.17 | 12.16 | 18.83 |
| Trade taxes | 3.49 | 3.31 | 3.77 | 5.95 |
| Grants | 15.58 | 8.96 | 23.06 | 30.35 |
| Government expenditure | 45.87 | 33.03 | 42.77 | 41.54 |
| Type: | ||||
| Recurrent | 32.20 | 24.83 | 31.62 | 30.93 |
| Development | 13.67 | 8.20 | 11.15 | 10.61 |
| Deficit (excluding grants) | -12.75 | -25.16 | -25.16 | -17.26 |
| Deficit (including grants) | -4.34 | -7.15 | -12.92 | -3.53 |
| Debt | 2002 | 2003 | 2004 | 2005 |
| External debt (US $ bn) | 2.76 | 3.03 | 3.15 | 2.94 |
| Deficit (including grants) | -2.29 | -4.34 | -7.13 | -3.99 |
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Key: .. =Not available;bn=billion;%=percent;mm=millimetres;ha=hectares; K=Malawi Kwacha;-=zero or less than half;mn=million;km=kilometres.
Malawi in Figures is an annual publication of the National Statistical Office. Data sources include the Statistical Yearbook, 1998 Population Census, 1998 Integrated Household Survey, 2000 Core Welfare Indicators Questionnaire, 2004 Demographic and Health Survey and 2002 DHS EdData Survey.
