Compared by Gross Domestic product per capita in purchasing power parity, Malawi is one of the poorest countries in the world. In 2020, the IMF lists Malawi as 180 out of 185 countries in that category. While considerable successes have been made in the fight against HIV/Aids and most children today are enrolled in primary education, today climate change, lack of electricity supply and corruption remain the major obstacles in the countries path to prosperity.
Geography and climate
Malawi is a small landlocked country in the south-east of Africa, with a population of approximately 17 million people. It shares borders with Tanzania in the North and Zambia in the West. Lake Malawi, the third biggest inland lake in Africa, makes up about 25% of the landscape in the country’s east and marks the border to Mozambique. The climate is described as sup-tropic with four seasons, the most important one being the rainy season from November to April.
Economic and Social situation
The Gross Domestic Product (GDP) per capita in Malawi is 350 USD (1200 PPP) per year. The country listed 172nd out 190 countries in the human development index in 2018 and the annual population growth is estimated to be around 3,32% in the same year. The local currency is worth around 800 Malawian Kwacha per Euro. Approximately 90% of the working population are employed, formally or informally, in the agricultural sector which contributes around 40% of the country’s GDP.