China vs Malawi: Economic Indicators Comparison

China with a GDP of $13.6T ranked the 2nd largest economy in the world, while Malawi ranked 150th with $7.1B. By GDP 5-years average growth and GDP per capita, China and Malawi ranked 12th vs 63rd and 76th vs 195th, respectively.

Gross Domestic Product & Income

StatChinaMalawi
GDP$13.6T$7.1B
GDP growth, 1 year6.6%3.2%
GDP growth, 5-years average6.9%3.6%
Population1.4B18.6M
GDP per capita$9.8k$389
GDP per capita growth6.08%0.8%
Purchasing Power Parity conversion factor3.54217.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.3
GDP per capita, PPP adjusted$18k$1.2k
GNI, Atlas method$13.2T$6.5B
GNI per capita$9.5k$360
GNI, PPP adjusted$25.3T$23.7B
GNI per capita, PPP adjusted$18k$1.3k

Financial system and Human development

StatChinaMalawi
Income Tax Rate45%30%
Corporate Tax Rate25%30%
Inflation, consumer prices2.1%9.2%
Inflation, GDP deflator2.9%8.6%
Unemployment4.4%5.4%
Economic Freedom Index59.552.8
Personal Freedom Index67.18
Human Freedom Index6.116.68
Property Rights Index60.943.1
Judical Effectiveness Index76.342.1
Business Freedom Index76.841.9
Fiscal Health Index67.523.6
Labor Freedom Index64.462.8
Investment Freedom Index2050
Financial Freedom Index2050
Trade Freedom Index72.475.4
Monetary Freedom Index71.169.1
Government Spending Index67.971.7
Tax Burden Index70.479
Government Integrity Index4624.8
Corruption Perceptions Index3932
Life expectancy at birth, years76.563.3
Suicide mortality rate, per 100,000 people9.73.7
Mortality caused by road traffic injury, per 100,000 people18.231
Intentional homicides, per 100,000 people0.61.7
International tourism, number of arrivals62.9M871k

Government debt & reserves

StatChinaMalawi
Central government debt, % of GDP50.5%61.3%
External debt stocks, % of GNI14.5%32.2%
External debt stocks$2T$2.3B
Short-term debt, % of total reserves38.5%3%
Total debt service, % of exports and primary income8.2%5.7%
Adjusted net savings including particulate emission damage, % of GNI20.1%-16.7%
Gross savings, % of GDP46.3%13.2%
Gross capital formation, % of GDP44.1%13.4%
Total reserves including gold$3.2T$759.6M
Foreign direct investment net inflows$203.5B$102M

Exports, imports and economic structure

StatChinaMalawi
Exports of goods and services, % of GDP19.5%29.2%
Imports of goods and services, % of GDP18.7%36.2%
Current account balance (balance of payments)$49.1B-$1.4B
Revenue excluding grants, % of GDP15.8%18.1%
Grants excluding technical cooperation, BoP$191.6M$973.7M
Personal remittances received$24.3B$181.6M
Industry including construction value added, % of GDP40.7%14.4%
Agriculture, forestry and fishing value added, % of GDP7.2%26.1%
Charges for the use of intellectual property, payments BoP$35.8B$3.2M
Charges for the use of intellectual property, receipts BoP$5.6BN/A
Expense, % of GDPN/A20.9%
Government Expenditure, % of GDP32.7%30.7%

Compare with countries close by GDP per capita

China vs

CountryGDP
per capita
Population
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
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

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