Malawi vs Monaco: Economic Indicators Comparison

Monaco with a GDP of $7.2B ranked the 149th largest economy in the world, while Malawi ranked 150th with $7.1B. By GDP per capita, Monaco and Malawi ranked 1st vs 195th, respectively.

Gross Domestic Product & Income

Stat	Malawi	Monaco
GDP	$7.1B	$7.2B
GDP growth, 1 year	3.2%	6.1%
GDP growth, 5-years average	3.6%	N/A
Population	18.6M	39k
GDP per capita	$389	$186k
GDP per capita growth	0.8%	5.3%
Purchasing Power Parity conversion factor	217.52	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.3	N/A
GDP per capita, PPP adjusted	$1.2k	$98k
GNI, Atlas method	$6.5B	N/A
GNI per capita	$360	N/A
GNI, PPP adjusted	$23.7B	N/A
GNI per capita, PPP adjusted	$1.3k	N/A

Financial system and Human development

Stat	Malawi	Monaco
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	9.2%	N/A
Inflation, GDP deflator	8.6%	0.8%
Unemployment	5.4%	6.3%
Economic Freedom Index	52.8	83
Personal Freedom Index	7.18	8.7
Human Freedom Index	6.68	8.7
Property Rights Index	43.1	N/A
Judical Effectiveness Index	42.1	N/A
Business Freedom Index	41.9	N/A
Fiscal Health Index	23.6	N/A
Labor Freedom Index	62.8	N/A
Investment Freedom Index	50	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	75.4	N/A
Monetary Freedom Index	69.1	N/A
Government Spending Index	71.7	N/A
Tax Burden Index	79	N/A
Government Integrity Index	24.8	N/A
Corruption Perceptions Index	32	82
Life expectancy at birth, years	63.3	89.7
Suicide mortality rate, per 100,000 people	3.7	0.2
Mortality caused by road traffic injury, per 100,000 people	31	0
Intentional homicides, per 100,000 people	1.7	0
International tourism, number of arrivals	871k	347k

Government debt & reserves

Stat	Malawi	Monaco
Central government debt, % of GDP	61.3%	N/A
External debt stocks, % of GNI	32.2%	N/A
External debt stocks	$2.3B	N/A
Short-term debt, % of total reserves	3%	N/A
Total debt service, % of exports and primary income	5.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-16.7%	N/A
Gross savings, % of GDP	13.2%	N/A
Gross capital formation, % of GDP	13.4%	N/A
Total reserves including gold	$759.6M	N/A
Foreign direct investment net inflows	$102M	N/A

Exports, imports and economic structure

Stat	Malawi	Monaco
Exports of goods and services, % of GDP	29.2%	N/A
Imports of goods and services, % of GDP	36.2%	N/A
Current account balance (balance of payments)	-$1.4B	N/A
Revenue excluding grants, % of GDP	18.1%	N/A
Grants excluding technical cooperation, BoP	$973.7M	N/A
Personal remittances received	$181.6M	N/A
Industry including construction value added, % of GDP	14.4%	13.1%
Agriculture, forestry and fishing value added, % of GDP	26.1%	N/A
Charges for the use of intellectual property, payments BoP	$3.2M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	20.9%	N/A
Government Expenditure, % of GDP	30.7%	N/A