In Malawi, GDP growth increased from 0.9 percent in 2020 to 3.9 percent in 2021. Monetary policy remained relatively loose with a policy rate of 12 percent during the year until November 2021. Inflation rose to 9.3 percent in 2021 from 8.8 percent in 2020. The current account deficit widened from 12.2 percent to 13.1 percent of GDP in 2020 and 2021. Official reserves stood at 1.4 months of import cover in December 2021, supported by tobacco exports and SDR allocation. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
At the end of 2016, the banking sector represented a total asset of $ 1.7 billion.
Credit distributed to businesses represents $0.53 billion and, more broadly, credit to private sector totaling $0.59 billion.
At the end of 2017, The Malawi Stock Exchange accounted 14 listed companies, representing a market capitalization of $ 1.37 billion.
