Malawi vs Saint Kitts and Nevis: Economic Indicators Comparison

Malawi with a GDP of $7.1B ranked the 150th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Malawi and Saint Kitts and Nevis ranked 195th vs 48th, respectively.

Gross Domestic Product & Income

Stat	Malawi	Saint Kitts and Nevis
GDP	$7.1B	$1B
GDP growth, 1 year	3.2%	2.92%
GDP growth, 5-years average	3.6%	N/A
Population	18.6M	55k
GDP per capita	$389	$19k
GDP per capita growth	0.8%	2.15%
Purchasing Power Parity conversion factor	217.52	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	0.3	0.64
GDP per capita, PPP adjusted	$1.2k	$30k
GNI, Atlas method	$6.5B	$961.5M
GNI per capita	$360	$18k
GNI, PPP adjusted	$23.7B	$1.5B
GNI per capita, PPP adjusted	$1.3k	$29k

Financial system and Human development

Stat	Malawi	Saint Kitts and Nevis
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	9.2%	-1%
Inflation, GDP deflator	8.6%	-1.5%
Unemployment	5.4%	5.1%
Economic Freedom Index	52.8	62
Personal Freedom Index	7.18	6.2
Human Freedom Index	6.68	6.2
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	60
Life expectancy at birth, years	63.3	71.3
Suicide mortality rate, per 100,000 people	3.7	1
Mortality caused by road traffic injury, per 100,000 people	31	2
Intentional homicides, per 100,000 people	1.7	34.2
International tourism, number of arrivals	871k	125k

Government debt & reserves

Stat	Malawi	Saint Kitts and Nevis
Central government debt, % of GDP	61.3%	59.9%
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	$363.2M
Foreign direct investment net inflows	$102M	$93.6M

Exports, imports and economic structure

Stat	Malawi	Saint Kitts and Nevis
Exports of goods and services, % of GDP	29.2%	59.9%
Imports of goods and services, % of GDP	36.2%	58.8%
Current account balance (balance of payments)	-$1.4B	-$72.4M
Revenue excluding grants, % of GDP	18.1%	27.9%
Grants excluding technical cooperation, BoP	$973.7M	$15.6M
Personal remittances received	$181.6M	$25.9M
Industry including construction value added, % of GDP	14.4%	25.7%
Agriculture, forestry and fishing value added, % of GDP	26.1%	1.2%
Charges for the use of intellectual property, payments BoP	$3.2M	$1.8M
Charges for the use of intellectual property, receipts BoP	N/A	$100k
Expense, % of GDP	20.9%	24.3%
Government Expenditure, % of GDP	30.7%	N/A