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

StatMalawiSaint Kitts and Nevis
GDP$7.1B$1B
GDP growth, 1 year3.2%2.92%
GDP growth, 5-years average3.6%N/A
Population18.6M55k
GDP per capita$389$19k
GDP per capita growth0.8%2.15%
Purchasing Power Parity conversion factor217.521.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.64
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

StatMalawiSaint Kitts and Nevis
Income Tax Rate30%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices9.2%-1%
Inflation, GDP deflator8.6%-1.5%
Unemployment5.4%5.1%
Economic Freedom Index52.862
Personal Freedom Index7.186.2
Human Freedom Index6.686.2
Property Rights Index43.1N/A
Judical Effectiveness Index42.1N/A
Business Freedom Index41.9N/A
Fiscal Health Index23.6N/A
Labor Freedom Index62.8N/A
Investment Freedom Index50N/A
Financial Freedom Index50N/A
Trade Freedom Index75.4N/A
Monetary Freedom Index69.1N/A
Government Spending Index71.7N/A
Tax Burden Index79N/A
Government Integrity Index24.8N/A
Corruption Perceptions Index3260
Life expectancy at birth, years63.371.3
Suicide mortality rate, per 100,000 people3.71
Mortality caused by road traffic injury, per 100,000 people312
Intentional homicides, per 100,000 people1.734.2
International tourism, number of arrivals871k125k

Government debt & reserves

StatMalawiSaint Kitts and Nevis
Central government debt, % of GDP61.3%59.9%
External debt stocks, % of GNI32.2%N/A
External debt stocks$2.3BN/A
Short-term debt, % of total reserves3%N/A
Total debt service, % of exports and primary income5.7%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.7%N/A
Gross savings, % of GDP13.2%N/A
Gross capital formation, % of GDP13.4%N/A
Total reserves including gold$759.6M$363.2M
Foreign direct investment net inflows$102M$93.6M

Exports, imports and economic structure

StatMalawiSaint Kitts and Nevis
Exports of goods and services, % of GDP29.2%59.9%
Imports of goods and services, % of GDP36.2%58.8%
Current account balance (balance of payments)-$1.4B-$72.4M
Revenue excluding grants, % of GDP18.1%27.9%
Grants excluding technical cooperation, BoP$973.7M$15.6M
Personal remittances received$181.6M$25.9M
Industry including construction value added, % of GDP14.4%25.7%
Agriculture, forestry and fishing value added, % of GDP26.1%1.2%
Charges for the use of intellectual property, payments BoP$3.2M$1.8M
Charges for the use of intellectual property, receipts BoPN/A$100k
Expense, % of GDP20.9%24.3%
Government Expenditure, % of GDP30.7%N/A

Compare with countries close by GDP per capita

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

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M