Lesotho vs Malawi: Economic Indicators Comparison

Malawi with a GDP of $7.1B ranked the 150th largest economy in the world, while Lesotho ranked 169th with $2.7B. By GDP 5-years average growth and GDP per capita, Malawi and Lesotho ranked 63rd vs 143rd and 195th vs 165th, respectively.

Gross Domestic Product & Income

StatLesothoMalawi
GDP$2.7B$7.1B
GDP growth, 1 year1.5%3.2%
GDP growth, 5-years average1.7%3.6%
Population2.2M18.6M
GDP per capita$1.3k$389
GDP per capita growth0.33%0.8%
Purchasing Power Parity conversion factor5.35217.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.3
GDP per capita, PPP adjusted$3.4k$1.2k
GNI, Atlas method$2.9B$6.5B
GNI per capita$1.4k$360
GNI, PPP adjusted$7.8B$23.7B
GNI per capita, PPP adjusted$3.7k$1.3k

Financial system and Human development

StatLesothoMalawi
Income Tax Rate35%30%
Corporate Tax Rate25%30%
Inflation, consumer prices5.2%9.2%
Inflation, GDP deflator4.4%8.6%
Unemployment23.6%5.4%
Economic Freedom Index54.552.8
Personal Freedom Index6.127.18
Human Freedom Index6.166.68
Property Rights Index45.243.1
Judical Effectiveness Index4742.1
Business Freedom Index52.841.9
Fiscal Health Index60.323.6
Labor Freedom Index58.862.8
Investment Freedom Index5550
Financial Freedom Index4050
Trade Freedom Index82.275.4
Monetary Freedom Index75.769.1
Government Spending Index34.471.7
Tax Burden Index7379
Government Integrity Index29.624.8
Corruption Perceptions Index4132
Life expectancy at birth, years52.963.3
Suicide mortality rate, per 100,000 people21.23.7
Mortality caused by road traffic injury, per 100,000 people28.931
Intentional homicides, per 100,000 people41.31.7
International tourism, number of arrivals1.2M871k

Government debt & reserves

StatLesothoMalawi
Central government debt, % of GDP39%61.3%
External debt stocks, % of GNI29.2%32.2%
External debt stocks$914.8M$2.3B
Short-term debt, % of total reserves0.1%3%
Total debt service, % of exports and primary income3.6%5.7%
Adjusted net savings including particulate emission damage, % of GNI8.2%-16.7%
Gross savings, % of GDP18.1%13.2%
Gross capital formation, % of GDP22%13.4%
Total reserves including gold$728.5M$759.6M
Foreign direct investment net inflows$39.6M$102M

Exports, imports and economic structure

StatLesothoMalawi
Exports of goods and services, % of GDP43.8%29.2%
Imports of goods and services, % of GDP84.2%36.2%
Current account balance (balance of payments)-$4M-$1.4B
Revenue excluding grants, % of GDP33.8%18.1%
Grants excluding technical cooperation, BoP$133M$973.7M
Personal remittances received$629.4M$181.6M
Industry including construction value added, % of GDP35.5%14.4%
Agriculture, forestry and fishing value added, % of GDP6%26.1%
Charges for the use of intellectual property, payments BoP$3.3M$3.2M
Charges for the use of intellectual property, receipts BoP$219kN/A
Expense, % of GDP35.2%20.9%
Government Expenditure, % of GDP46.8%30.7%

Compare with countries close by GDP per capita

Lesotho vs

CountryGDP
per capita
Population
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Kyrgyzstan
$1.3k
6.2M
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

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