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The economy of Malawi is $7.522 billion by gross domestic product as of 2019, and is predominantly agricultural, with about 80% of the population living in rural areas. The landlocked country in south central Africa ranks among the world's least developed countries and poorest countries. [ 12 ]
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
Under his stewardship the rate of inflation fell from 30% in 2005 to 6% by 2008. More importantly Malawi saw its economy grow by approximately 6 percent. Malawi is a relatively small economy due to its low natural resources compared to its neighbours like Zambia, Tanzania and Zimbabwe.
Malawi: 58.4 2021 131 Guinea-Bissau: 58.2 2021 Mali: 58.2 2021 133 Lebanon: 58.0 2021 Nigeria: 58.0 2021 135 Malaysia: 57.9 2021 136 Togo: 57.8 2021 137 Burkina Faso: 57.1 2021 138 Bolivia: 56.4 2021 139 Colombia: 55.7 2021 140 Mozambique: 55.4 2021 141 Cameroon: 55.3 2021 142 Cambodia: 55.2 2021 Thailand: 55.2 2021 144 North Macedonia: 54.0 2021
While inflation has cooled significantly from its peak of 9.1% in June 2022, recent data shows some persistence, Signs of cooling inflation had paved the way for September’s first rate cut in ...
The National Statistical Office of Malawi (NSO) is the main government department responsible for the collection and dissemination of official statistics in Malawi. [1] It has headquarters in Zomba and 300 employees, and operates under the 2013 Statistics Act. The NSO also has regional offices in the major urban centres of Lilongwe, Mzuzu, and ...
Signs of cooling inflation paved the way for September’s first rate cut in four years, with economic data indicating a continued decline from a peak of 9.1% in June 2022 to rates that have ...
Country or currency union Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate