Belarus vs Malawi: Economic Indicators Comparison

Belarus with a GDP of $59.7B ranked the 78th largest economy in the world, while Malawi ranked 150th with $7.1B. By GDP 5-years average growth and GDP per capita, Belarus and Malawi ranked 167th vs 63rd and 97th vs 195th, respectively.

Gross Domestic Product & Income

StatBelarusMalawi
GDP$59.7B$7.1B
GDP growth, 1 year3%3.2%
GDP growth, 5-years average0.2%3.6%
Population9.4M18.6M
GDP per capita$6.3k$389
GDP per capita growth3.19%0.8%
Purchasing Power Parity conversion factor0.64217.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.310.3
GDP per capita, PPP adjusted$20k$1.2k
GNI, Atlas method$53.8B$6.5B
GNI per capita$5.7k$360
GNI, PPP adjusted$182.5B$23.7B
GNI per capita, PPP adjusted$19k$1.3k

Financial system and Human development

StatBelarusMalawi
Income Tax Rate13%30%
Corporate Tax Rate18%30%
Inflation, consumer prices4.9%9.2%
Inflation, GDP deflator11.6%8.6%
Unemployment5.7%5.4%
Economic Freedom Index61.752.8
Personal Freedom Index6.247.18
Human Freedom Index6.166.68
Property Rights Index63.243.1
Judical Effectiveness Index48.442.1
Business Freedom Index76.441.9
Fiscal Health Index95.423.6
Labor Freedom Index74.862.8
Investment Freedom Index3050
Financial Freedom Index2050
Trade Freedom Index8275.4
Monetary Freedom Index69.869.1
Government Spending Index54.171.7
Tax Burden Index88.879
Government Integrity Index37.424.8
Corruption Perceptions Index4432
Life expectancy at birth, years74.163.3
Suicide mortality rate, per 100,000 people26.23.7
Mortality caused by road traffic injury, per 100,000 people8.931
Intentional homicides, per 100,000 people3.61.7
International tourism, number of arrivals11.5M871k

Government debt & reserves

StatBelarusMalawi
Central government debt, % of GDP47.8%61.3%
External debt stocks, % of GNI67.7%32.2%
External debt stocks$38.8B$2.3B
Short-term debt, % of total reserves134.2%3%
Total debt service, % of exports and primary income13.5%5.7%
Adjusted net savings including particulate emission damage, % of GNI21.2%-16.7%
Gross savings, % of GDP28.8%13.2%
Gross capital formation, % of GDP27.5%13.4%
Total reserves including gold$7.2B$759.6M
Foreign direct investment net inflows$1.4B$102M

Exports, imports and economic structure

StatBelarusMalawi
Exports of goods and services, % of GDP70.2%29.2%
Imports of goods and services, % of GDP69.1%36.2%
Current account balance (balance of payments)-$34.4M-$1.4B
Revenue excluding grants, % of GDP29.5%18.1%
Grants excluding technical cooperation, BoP$56.2M$973.7M
Personal remittances received$1.4B$181.6M
Industry including construction value added, % of GDP31.5%14.4%
Agriculture, forestry and fishing value added, % of GDP6.4%26.1%
Charges for the use of intellectual property, payments BoP$178.6M$3.2M
Charges for the use of intellectual property, receipts BoP$66.1MN/A
Expense, % of GDP29.3%20.9%
Government Expenditure, % of GDP39.1%30.7%

Compare with countries close by GDP per capita

Belarus vs

CountryGDP
per capita
Population
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M

Malawi vs

CountryGDP
per capita
Population
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Somalia
$315
11M
Burundi
$272
10.9M