Dominica vs Malawi: Economic Indicators Comparison

Malawi with a GDP of $7.1B ranked the 150th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Malawi and Dominica ranked 63rd vs 177th and 195th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaMalawi
GDP$550.9M$7.1B
GDP growth, 1 year-12%3.2%
GDP growth, 5-years average-2.8%3.6%
Population74k18.6M
GDP per capita$7.7k$389
GDP per capita growth2.03%0.8%
Purchasing Power Parity conversion factor1.87217.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.3
GDP per capita, PPP adjusted$9.9k$1.2k
GNI, Atlas method$508.1M$6.5B
GNI per capita$7.1k$360
GNI, PPP adjusted$735.4M$23.7B
GNI per capita, PPP adjusted$10k$1.3k

Financial system and Human development

StatDominicaMalawi
Income Tax Rate35%30%
Corporate Tax Rate30%30%
Inflation, consumer prices1.4%9.2%
Inflation, GDP deflator3.6%8.6%
Unemployment0%5.4%
Economic Freedom Index60.852.8
Personal Freedom Index6.17.18
Human Freedom Index6.16.68
Property Rights Index59.843.1
Judical Effectiveness Index62.642.1
Business Freedom Index70.441.9
Fiscal Health Index86.223.6
Labor Freedom Index60.762.8
Investment Freedom Index7050
Financial Freedom Index3050
Trade Freedom Index68.475.4
Monetary Freedom Index83.569.1
Government Spending Index1671.7
Tax Burden Index70.579
Government Integrity Index51.224.8
Corruption Perceptions Index5732
Life expectancy at birth, years76.663.3
Suicide mortality rate, per 100,000 people23.7
Mortality caused by road traffic injury, per 100,000 people10.931
Intentional homicides, per 100,000 people25.71.7
International tourism, number of arrivals63k871k

Government debt & reserves

StatDominicaMalawi
Central government debt, % of GDP83.1%61.3%
External debt stocks, % of GNI55.3%32.2%
External debt stocks$279.2M$2.3B
Short-term debt, % of total reserves6.9%3%
Total debt service, % of exports and primary income16.5%5.7%
Adjusted net savings including particulate emission damage, % of GNIN/A-16.7%
Gross savings, % of GDPN/A13.2%
Gross capital formation, % of GDPN/A13.4%
Total reserves including gold$191.3M$759.6M
Foreign direct investment net inflows$13.3M$102M

Exports, imports and economic structure

StatDominicaMalawi
Exports of goods and services, % of GDP42.9%29.2%
Imports of goods and services, % of GDP65.1%36.2%
Current account balance (balance of payments)-$225.1M-$1.4B
Revenue excluding grants, % of GDPN/A18.1%
Grants excluding technical cooperation, BoP$28.3M$973.7M
Personal remittances received$49.2M$181.6M
Industry including construction value added, % of GDP15.8%14.4%
Agriculture, forestry and fishing value added, % of GDP11.1%26.1%
Charges for the use of intellectual property, payments BoP$662k$3.2M
Charges for the use of intellectual property, receipts BoP$119N/A
Expense, % of GDPN/A20.9%
Government Expenditure, % of GDP52.9%30.7%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
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
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
Belarus
$6.3k
9.41M
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

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