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Malawi vs Russia: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Malawi ranked 150th with $7.1B. By GDP 5-years average growth and GDP per capita, Russia and Malawi ranked 162nd vs 63rd and 68th vs 195th, respectively.

Gross Domestic Product & Income

StatMalawiRussia
GDP$7.1B$1.7T
GDP growth, 1 year3.2%2.3%
GDP growth, 5-years average3.6%0.5%
Population18.6M146.8M
GDP per capita$389$11k
GDP per capita growth0.8%2.26%
Purchasing Power Parity conversion factor217.5225.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.41
GDP per capita, PPP adjusted$1.2k$29k
GNI, Atlas method$6.5B$1.5T
GNI per capita$360$10k
GNI, PPP adjusted$23.7B$3.9T
GNI per capita, PPP adjusted$1.3k$26k

Financial system and Human development

StatMalawiRussia
Income Tax Rate30%13%
Corporate Tax Rate30%20%
Inflation, consumer prices9.2%2.9%
Inflation, GDP deflator8.6%10.3%
Unemployment5.4%4.7%
Economic Freedom Index52.861
Personal Freedom Index7.186.56
Human Freedom Index6.686.49
Property Rights Index43.156.8
Judical Effectiveness Index42.144.4
Business Freedom Index41.980.2
Fiscal Health Index23.698.7
Labor Freedom Index62.852.1
Investment Freedom Index5030
Financial Freedom Index5030
Trade Freedom Index75.477.8
Monetary Freedom Index69.168.2
Government Spending Index71.763.8
Tax Burden Index7988.5
Government Integrity Index24.841.3
Corruption Perceptions Index3228
Life expectancy at birth, years63.372.1
Suicide mortality rate, per 100,000 people3.731
Mortality caused by road traffic injury, per 100,000 people3118
Intentional homicides, per 100,000 people1.79.2
International tourism, number of arrivals871k24.6M

Government debt & reserves

StatMalawiRussia
Central government debt, % of GDP61.3%14%
External debt stocks, % of GNI32.2%28.1%
External debt stocks$2.3B$453.9B
Short-term debt, % of total reserves3%10.3%
Total debt service, % of exports and primary income5.7%19.6%
Adjusted net savings including particulate emission damage, % of GNI-16.7%8%
Gross savings, % of GDP13.2%30.2%
Gross capital formation, % of GDP13.4%22.7%
Total reserves including gold$759.6M$468.6B
Foreign direct investment net inflows$102M$8.8B

Exports, imports and economic structure

StatMalawiRussia
Exports of goods and services, % of GDP29.2%30.7%
Imports of goods and services, % of GDP36.2%20.8%
Current account balance (balance of payments)-$1.4B$113.5B
Revenue excluding grants, % of GDP18.1%27.5%
Grants excluding technical cooperation, BoP$973.7M$658.1M
Personal remittances received$181.6M$8.6B
Industry including construction value added, % of GDP14.4%32.1%
Agriculture, forestry and fishing value added, % of GDP26.1%3.1%
Charges for the use of intellectual property, payments BoP$3.2M$6.3B
Charges for the use of intellectual property, receipts BoPN/A$876.1M
Expense, % of GDP20.9%28.9%
Government Expenditure, % of GDP30.7%34.7%

Compare with countries close by GDP per capita

Malawi vs

CountryGDP
per capita
Population
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
22.9M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Somalia
$315
11M
Burundi
$272
10.9M

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M