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MALAWI AT A GLANCE – OCTOBER, 2006


Location: Malawi is located in South Eastern Africa and is bordered by Tanzania to the North East, Zambia to the west and Mozambique to Southeast and South.

Land Area: 118,485km2


Demographic Factors   - source NSO

Total population (2005)

12.4 million

Lilongwe

1.346 million

Blantyre

0.809 million

Mzuzu

0.610 million

Zomba

0.546 million

Population Density  (2005)

104 per square km.

Population growth – National – (2005)

1.9%

Annual Growth Rate (Lilongwe)

2.9%

Annual Growth Rate (Blantyre)

2.9%

Annual Growth Rate

 

(Mzuzu including Mzimba)

3.1%

Annual Growth Rate (Zomba)

1.9%

Life Expectancy

39.1 years

Literacy Rate

58%

Urban population (2005)

13%

 

TRADE AND ECONOMIC INDICATORS

Real GDP growth (2005) 

2.1%

Visible Balance (2005)

US$ - 513.0 million

Currency

Malawi Kwacha  (MK)
US$ 1.00=MK 140.00 (October, 2006)

Corporate tax rate

30 %

Inflation rate (August 2006)

12.0%

Inflation rate (September 2006)

11.6%

Annual Inflation Rate (2004)

11.5%

Annual Inflation Rate (2005)

15.4%

 

GDP composition

2004

2005

Agriculture

39.1%

34.7%

Distribution

21.4%

22.7%

Manufacturing

11.4%

12.5%

Financial and Professional Services

8.9%

9.4%

Transport and Communications

5.3%

5.9%

Mining and Quarrying

0.9%

2.3%

 

 

 

Exports (FOB) – (2005)  

US$ 503.3 million

Imports (CIF) – (2005)

US$ 1016.3 million