Economy of Malawi (Economy in Countries)

This book about the economy of Malawi from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the gross domestic product of Malawi was equal to 6.2 billion US$ per year; the value of agriculture was 1.8 billion US$. Since the share in the world is less than .01%, the country is classified as a micro economy.Productivity. In the 2010s, the gross domestic product per capita was 370.2 US$; the agriculture per capita was 108.4 US$. Since the productivity is less the average below average, the economy is classified as least developed.Growth. In the 2010s, the growth of gross domestic product was 4.3%; the growth of agriculture was 3.7%.Structure. In the 2010s, the economy of Malawi included: agriculture (57.4%), industry (15.6%), service (10.8%), construction (9.1%), trade (4.6%), and transportation (2.6%).Export and import. In the 2010s, the import was 98.6% higher than the export, the net import was equal to 21.8% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

• | Author: Ivan Kushnir
• | Publisher: Independently published
• | Publication Date: Jan 27, 2019
• | Number of Pages: 71 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1795254386
• | ISBN-13: 9781795254380