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Economy of Malawi vs Mauritania compared: GDP & Debt

Updated on by Georank

Malawi has a GDP of $14.9B compared to $11.7B for Mauritania, ranking 148/197 and 153/197 by economy size, respectively.

Malawi has $11.7B in government debt (78.4% of GDP), compared to $4.68B (40.1% of GDP) in Mauritania.

Malawi vs Mauritania GDP by year

Malawi
Mauritania
1x
Year GDP, current $
Malawi Mauritania
2025 $14,918,276,698 $11,679,910,946
2024 $11,311,971,400 $10,879,212,033
2023 $13,363,669,673 $10,687,541,640
2022 $12,429,059,928 $9,562,497,461
2021 $12,378,119,199 $9,221,044,667
2020 $11,769,313,598 $8,260,567,357
2019 $11,051,852,713 $7,894,764,886
2018 $9,879,220,354 $7,475,471,310
2017 $8,943,543,794 $6,812,472,965
2016 $7,909,868,618 $6,407,900,701
2015 $9,219,474,379 $6,182,303,677
2014 $8,801,326,169 $6,615,483,550
2013 $8,031,571,928 $7,230,646,063
2012 $8,773,203,178 $6,728,208,836
2011 $11,648,142,958 $6,764,627,746
2010 $10,128,323,011 $5,628,878,798
2009 $9,009,887,947 $4,714,595,548
2008 $7,743,617,352 $5,206,437,194
2007 $6,451,210,219 $4,346,212,355
2006 $5,818,279,739 $3,919,577,286
2005 $5,320,409,651 $2,936,019,526
2004 $5,058,726,350 $2,362,501,023
2003 $4,669,789,300 $2,051,147,607
2002 $5,087,328,438 $1,777,057,481
2001 $2,498,008,665 $1,746,063,558
2000 $2,537,307,580 $1,779,520,886
1999 $2,584,478,924 $1,985,922,776
1998 $2,547,609,590 $2,032,347,665
1997 $3,875,785,863 $2,071,996,564
1996 $3,319,573,750 $2,132,087,009
1995 $2,033,701,498 $2,091,726,101
1994 $1,719,864,761 $1,944,876,755
1993 $3,013,392,658 $1,847,353,211
1992 $2,618,837,835 $2,164,298,425
1991 $3,206,783,830 $2,133,692,697
1990 $2,737,087,862 $1,506,914,408
1989 $2,314,205,130 $1,450,647,019
1988 $2,008,189,508 $1,414,951,290
1987 $1,721,711,808 $1,344,664,725
1986 $1,722,586,299 $1,186,628,778
1985 $1,646,442,273 $1,009,723,326
1984 $1,758,028,656 $1,074,373,230
1983 $1,780,148,049 $1,165,171,263
1982 $1,717,379,495 $1,108,776,653
1981 $1,801,193,910 $1,105,494,682
1980 $1,801,156,775 $1,047,925,106
1979 - $951,900,945
1978 - $804,629,877
1977 - $799,030,017
1976 - $775,045,517
1975 - $703,377,837
1974 - $613,010,553
1973 - $493,237,876
1972 - $391,669,449
1971 - $335,568,907
1970 - $309,405,316
1969 - $295,062,308
1968 - $311,395,937
1967 - $282,615,310
1966 - $266,533,605
1965 - $255,340,475
1964 - $224,495,744
1963 - $168,186,297
1962 - $164,271,558
1961 - $159,213,430

Data sources: World Bank | Economy & Growth (1961–2025, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

GDP per capita in Malawi vs Mauritania by year

Malawi
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Malawi Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $672 - $2,198 -
2024 $522 $1,858 $2,105 $7,369
2023 $633 $1,830 $2,128 $6,966
2022 $604 $1,778 $1,961 $6,485
2021 $617 $1,688 $1,947 $5,837
2020 $603 $1,513 $1,796 $5,741
2019 $581 $1,450 $1,767 $5,610
2018 $533 $1,364 $1,723 $5,429
2017 $496 $1,380 $1,618 $5,353
2016 $451 $1,410 $1,568 $4,683
2015 $540 $1,403 $1,559 $3,978
2014 $530 $1,506 $1,719 $3,865
2013 $497 $1,558 $1,936 $3,831
2012 $558 $1,464 $1,859 $3,465
2011 $763 $1,516 $1,931 $3,271
2010 $683 $1,458 $1,660 $3,178
2009 $626 $1,388 $1,435 $3,159
2008 $554 $1,311 $1,636 $3,236
2007 $475 $1,231 $1,405 $3,278
2006 $441 $1,124 $1,301 $3,342
2005 $414 $1,071 $999 $2,809
2004 $405 $1,033 $824 $2,570
2003 $383 $979 $732 $2,447
2002 $428 $931 $649 $2,296
2001 $215.5 $924 $652 $2,280
2000 $224.2 $974 $681 $2,304
1999 $233.9 $961 $781 $2,411
1998 $236 $941 $821 $2,355
1997 $367 $915 $859 $2,325
1996 $321 $884 $904 $2,436
1995 $200.4 $825 $905 $2,306
1994 $169.2 $692 $865 $2,114
1993 $293 $746 $850 $2,209
1992 $258.4 $674 $1,036 $2,122
1991 $326 $732 $1,062 $2,116
1990 $286.7 $672 $772 $2,070
1989 $252.2 - $762 -
1988 $229.4 - $762 -
1987 $207.6 - $746 -
1986 $217.9 - $677 -
1985 $216.1 - $593 -
1984 $239.7 - $650 -
1983 $252.4 - $725 -
1982 $253.3 - $710 -
1981 $276.4 - $729 -
1980 $287.5 - $711 -
1979 - - $664 -
1978 - - $578 -
1977 - - $590 -
1976 - - $589 -
1975 - - $551 -
1974 - - $494 -
1973 - - $410 -
1972 - - $335 -
1971 - - $296 -
1970 - - $281.3 -
1969 - - $276.6 -
1968 - - $301 -
1967 - - $281.5 -
1966 - - $273.6 -
1965 - - $270 -
1964 - - $244.3 -
1963 - - $188.2 -
1962 - - $189 -
1961 - - $188.2 -

Data sources: World Bank | Economy & Growth (1961–2025, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

Malawi's GDP per capita is $672, ranking 190/197, compared to $2,198 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Malawi ranks 189th at $1,858, while Mauritania ranks 147th at $7,369.

Economic indicators

Malawi Mauritania
Gross domestic product
$14.9B
2025
$11.7B
2025
GDP rank
148/197
2025
153/197
2025
GDP growth
1.89%
2024-2025
4.03%
2024-2025
GDP per capita
$672
2025
$2,198
2025
GDP per capita rank
190/197
2025
156/197
2025
GDP per capita, PPP
$1,858
2024
$7,369
2024
GDP per capita PPP rank
189/197
2024
147/197
2024
Government debt
$11.7B
2025
$4.68B
2025
Debt-to-GDP ratio
78.4%
2025
40.1%
2025
Government debt per person
$526
2025
$881
2025
Government debt per person rank
166/185
2025
147/185
2025
Average annual personal income after taxes
$1,255
2026
$2,242
2026
Income share by richest 10%
31%
2019
24.6%
2019
Income share by poorest 10%
2.9%
2019
3.1%
2019
Government expenditure, % of GDP
30.6%
2025
23.4%
2025
Consumer prices inflation
28.4%
2024-2025
1.55%
2024-2025
Central bank interest rate
24%
2026
n/a
Unemployment rate
15.4%
2024
10.4%
2019
Population
23086106
5539189

Spending and national debt comparison by year

Malawi
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Malawi Mauritania
Government spending Government debt Government spending Government debt
2025 30.6% 78.4% 23.4% 40.1%
2024 29.5% 87.6% 23.6% 45.1%
2023 25.5% 86.7% 24.8% 48.6%
2022 26.7% 75.7% 28.7% 50.3%
2021 23.7% 66.5% 20.8% 54.5%
2020 22.7% 53.9% 18.5% 56.5%
2019 19.3% 41.2% 17.8% 57.7%
2018 19.4% 40.8% 19% 59.2%
2017 21% 40% 20.3% 55.7%
2016 19.7% 37.1% 20.8% 57.6%
2015 19.5% 35.5% 25.7% 59.9%
2014 18.3% 33.5% 23.9% 49.5%
2013 20.7% 35.3% 20.1% 40.7%
2012 18.8% 28.6% 21.5% 39.3%
2011 17% 20% 17% 38.8%
2010 19.6% 19.3% 17.3% 43.9%
2009 20.2% 23.5% 19.6% 54.3%
2008 20.6% 23.5% 19.8% 57.2%
2007 20.7% 18.9% 19.7% 61.5%
2006 17.8% 17.9% 19% 38%
2005 17.4% 70.9% 21.3% 71.1%
2004 17.2% 74.7% 23.9% 22%
2003 15.4% 84.7% - 22.9%
2002 13.8% 101.5% - 59.5%
2001 - - - 63.5%
2000 - - - 55.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

In 2025, Malawi's government spending was $4.56B, accounting for 30.6% of its GDP, while Mauritania spent $2.73B, or 23.4% of GDP.

Debt-to-GDP ratio is 78.4% in Malawi and 40.1% in Mauritania, ranking 47/185 and 134/185, respectively.

Government deficit by year

Deficit/surplus
Malawi

Mauritania
1x
Year Deficit/surplus, % of GDP
Malawi Mauritania
2025 -11.5% -0.3%
2024 -11% -1.35%
2023 -7.84% -2.45%
2022 -9.32% -3.09%
2021 -8.34% 2.6%
2020 -8.03% 2.78%
2019 -4.55% 2.65%
2018 -4.35% 3.23%
2017 -5.15% 0.53%
2016 -4.9% 0.13%
2015 -4.17% -2.44%
2014 -3.08% -2.64%
2013 -3.73% -0.66%
2012 -1.45% 1.67%
2011 -2.85% 0.07%
2010 0.63% -0.45%
2009 -2.97% -3.59%
2008 -2.92% -3.32%
2007 -2.56% -1.38%
2006 -0.05% 2.05%
2005 -1.63% -3.16%
2004 -2.61% -3.06%
2003 -2.6% -
2002 -4.47% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2002–2025, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

In 2025, Malawi's government deficit, the difference between spending and revenue, was $1.71B, equivalent to 11.5% of GDP. This compares to Mauritania's deficit of $34.8M, or 0.3% of GDP.

Over the past 22 years, Malawi recorded a fiscal deficit in 21 of those years, while Mauritania ran a deficit in 13 years. On average, Malawi posted an annual deficit equal to 4.65% of GDP, compared to deficit of 0.55% of GDP for Mauritania.

Inflation comparison by year

Inflation
Malawi

Mauritania
1x
Year Consumer prices inflation
Malawi Mauritania
2025 28.4% 1.55%
2024 32.2% 2.49%
2023 28.8% 4.95%
2022 20.8% 9.53%
2021 9.3% 3.57%
2020 8.6% 2.39%
2019 9.4% 2.3%
2018 9.2% 3.07%
2017 11.5% 2.25%
2016 21.7% 1.47%
2015 21.9% 3.25%
2014 23.8% 3.53%
2013 28.3% 4.13%
2012 21.3% 4.9%
2011 7.6% 5.69%
2010 7.4% 6.28%
2009 8.4% 2.22%
2008 8.7% 7.35%
2007 7.9% 7.25%
2006 13.9% 6.24%
2005 15.5% 12.1%
2004 11.4% 10.4%
2003 9.6% 5.15%
2002 14.7% 3.9%
2001 22.7% 4.71%
2000 29.6% 3.25%
1999 44.8% 4.07%
1998 29.8% 8.03%
1997 9.1% 4.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

Over the past 29 years, Malawi has recorded an average annual inflation rate of 17.8%, compared with 4.85% in Mauritania. In 2025, inflation was 28.4% in Malawi and 1.55% in Mauritania.

Top exports between countries

Malawi
Export category Export value
Processed food, beverages & tobacco $1.54M
Textiles & consumer goods $8K
Machinery & equipment $1K
Metals $1K
Wood & paper products $1K
Mauritania
Export category Export value

Balance of trade

Malawi Mauritania
Current account balance
-$2.13B
2024
-$1.04B
2024
Current account balance ranking
143/190
2024
118/190
2024
Current account balance, % of GDP
-18.8%
2024
-9.55%
2024
Goods imports
$3.02B
2024
$4.32B
2024
Goods exports
$1.02B
2024
$3.83B
2024
Service imports
$895M
2024
$1.05B
2024
Service exports
$508M
2024
$230M
2024
Imports of goods and services, % of GDP
28.8%
2025
54.2%
2025
Exports of goods and services, % of GDP
10.6%
2025
39.9%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Malawi Mauritania
Economic freedom 50.7 53.9
Economic freedom ranking 159/197 136/197
Property rights 49.5 32.6
Government integrity 35 24.5
Judicial effectiveness 51.8 26.4
Tax burden 77 75.5
Government spending 77.8 80.2
Fiscal health 4.7 87.9
Business freedom 34.1 38.7
Labor freedom 55.2 53.6
Monetary freedom 55.1 77.8
Trade freedom 68.6 59.6
Investment freedom 50 50
Financial freedom 50 40

Economic freedom comparison by year

Malawi
Mauritania
1x
Year Economic freedom index
Malawi Mauritania
2026 50.7 53.9
2025 50.9 54.9
2024 52.1 55.3
2023 52.8 55.3
2022 53 55.3
2021 53 56.1
2020 52.8 55.3
2019 51.4 55.7
2018 52 54
2017 52.2 54.4
2016 51.8 54.8
2015 54.8 53.3
2014 55.4 53.2
2013 55.3 52.3
2012 56.4 53
2011 55.8 52.1
2010 54.1 52
2009 53.7 53.9
2008 52.7 55.2
2007 52.9 53.6
2006 55.4 55.7
2005 53.6 59.4
2004 53.6 61.8
2003 53.2 59
2002 56.9 52.5
2001 56.2 48.5
2000 57.4 46
1999 54 42.8
1998 54.1 43.7
1997 53.4 47
1996 56.2 45.5
1995 54.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

The Economic Freedom Index for Malawi is 50.7, ranking 159/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Malawi Mauritania
Services, % of GDP
48.7%
2025
42.4%
2025
Industry, % of GDP
14.3%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
30%
2025
20%
2025
GNI, Atlas method
$13.4B
2025
$11.8B
2025
GNI per capita, PPP
$1,880
2025
$7,640
2025
Total reserves including gold
$594M
2020
$2.04B
2021
Total reserves ranking
154/177
2020
127/177
2021
Net foreign direct investment
-$202M
2024
-$1.44B
2024
Net inflows of foreign direct investment
$258M
2024
$1.44B
2024
Net outflows of foreign direct investment
$56.4M
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI
1.47%
2024
3.83%
2024
Poverty at national poverty lines
50.7%
2019
31.8%
2019
Gross capital formation, % of GDP
15.7%
2025
44.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/malawi/mauritania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.