MALAWI AT A GLANCE – august, 2008
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 (2007)
13.2 million
Lilongwe
1.346 million
Blantyre
0.809 million
Mzuzu
0.610 million
Zomba
0.546 million
Population Density (2007)
104 per square km.
Population growth – National – (2007)
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%
TRADE AND ECONOMIC INDICATORS
Real GDP growth (2008)
7.4%
Real GDP growth (2007)
7.9%
Exports (FOB) - (2007)
US$ 704.6 million
Imports (CIF) – (2007)
US$ 1,272.4 million
Visible Balance (2007)
US$ - 567.8 million
Currency
Malawi Kwacha (MK)
US$ 1.00=MK 142.00 (July, 2008)
Corporate tax rate
30%
Inflation rate (May 2008)
7.9%
Inflation rate (June 2008)
8.6%
Annual Inflation Rate (2007)
7.9%
Annual Inflation Rate (2006)
13.9%
Interest Rates (from 1 November 2007)
15% down from 17.5%
GDP composition
2005
2006
2007
Agriculture
28.3%
29.5%
30.6%
Construction
4.4%
4.6%
4.7%
Manufacturing
9.6%
9.3%
9.2%
Financial and Professional Services
11.1%
11.3%
11.4%
Transport and Storage
4.1%
4.1%
3.9%
Information and Communication
2.9%
2.9%
2.8%
Mining and Quarrying
1.6%
1.1%
1.0%
DOWNLOAD APPLICATION FORMS HERE
You can download a form here and make an application for an Investment Certificate,Business Residence Permit,Temporary Employment Permit and others. Send your applications to:
The General Manager, Malawi Investment Promotion Agency,Private Bag 302,Lilongwe 3, Malawi.
WE ARE YOUR ONE STOP INVESTMENT CENTRE