Eswatini vs Malawi: Economic Indicators Comparison

Malawi with a GDP of $7.1B ranked the 150th largest economy in the world, while Eswatini ranked 160th with $4.7B. By GDP 5-years average growth and GDP per capita, Malawi and Eswatini ranked 63rd vs 147th and 195th vs 117th, respectively.

Gross Domestic Product & Income

StatEswatiniMalawi
GDP$4.7B$7.1B
GDP growth, 1 year0.2%3.2%
GDP growth, 5-years average1.5%3.6%
Population1.4M18.6M
GDP per capita$4.1k$389
GDP per capita growth1.32%0.8%
Purchasing Power Parity conversion factor5.16217.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.3
GDP per capita, PPP adjusted$11k$1.2k
GNI, Atlas method$4.5B$6.5B
GNI per capita$3.9k$360
GNI, PPP adjusted$12.1B$23.7B
GNI per capita, PPP adjusted$11k$1.3k

Financial system and Human development

StatEswatiniMalawi
Income Tax Rate33%30%
Corporate Tax Rate28%30%
Inflation, consumer prices4.8%9.2%
Inflation, GDP deflator2.8%8.6%
Unemployment22.5%5.4%
Economic Freedom Index55.352.8
Personal Freedom Index5.937.18
Human Freedom Index6.116.68
Property Rights Index49.843.1
Judical Effectiveness Index42.442.1
Business Freedom Index58.941.9
Fiscal Health Index17.623.6
Labor Freedom Index67.962.8
Investment Freedom Index5050
Financial Freedom Index4050
Trade Freedom Index88.675.4
Monetary Freedom Index75.269.1
Government Spending Index62.871.7
Tax Burden Index72.879
Government Integrity Index37.224.8
Corruption Perceptions Index3832
Life expectancy at birth, years58.363.3
Suicide mortality rate, per 100,000 people13.33.7
Mortality caused by road traffic injury, per 100,000 people26.931
Intentional homicides, per 100,000 people9.51.7
International tourism, number of arrivals782k871k

Government debt & reserves

StatEswatiniMalawi
Central government debt, % of GDP34.9%61.3%
External debt stocks, % of GNI10.9%32.2%
External debt stocks$509.2M$2.3B
Short-term debt, % of total reserves5.4%3%
Total debt service, % of exports and primary income2.3%5.7%
Adjusted net savings including particulate emission damage, % of GNI0.8%-16.7%
Gross savings, % of GDP22.3%13.2%
Gross capital formation, % of GDP13.1%13.4%
Total reserves including gold$440.7M$759.6M
Foreign direct investment net inflows$31.3M$102M

Exports, imports and economic structure

StatEswatiniMalawi
Exports of goods and services, % of GDP40.5%29.2%
Imports of goods and services, % of GDP43.9%36.2%
Current account balance (balance of payments)$90.3M-$1.4B
Revenue excluding grants, % of GDPN/A18.1%
Grants excluding technical cooperation, BoP$96.1M$973.7M
Personal remittances received$125.7M$181.6M
Industry including construction value added, % of GDP32.9%14.4%
Agriculture, forestry and fishing value added, % of GDP8.6%26.1%
Charges for the use of intellectual property, payments BoP$5.3M$3.2M
Charges for the use of intellectual property, receipts BoP$674kN/A
Expense, % of GDPN/A20.9%
Government Expenditure, % of GDP35.2%30.7%

Compare with countries close by GDP per capita

Eswatini vs

CountryGDP
per capita
Population
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
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M

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