Interest payments in Malawi
Malawi: Interest payments was 1.43 trillion current LCU in 2024. ◆ Volatile
Interest payments in Malawi, 2009–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Malawi is 1.43 trillion current LCU, measured in 2024. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 64.4% on the previous year and up 1,483.9% over ten years.
Over the whole period, interest payments in Malawi peaked at 1.43 trillion current LCU in 2024 and was at its lowest, 17.86 billion current LCU, in 2009.
Malawi ranks 21st of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Malawi, year by year
| Year | current LCU | Change |
|---|---|---|
| 2009 | 17.86 billion current LCU | — |
| 2010 | 21.50 billion current LCU | +20.3% |
| 2011 | 22.82 billion current LCU | +6.1% |
| 2012 | 23.77 billion current LCU | +4.1% |
| 2013 | 33.21 billion current LCU | +39.7% |
| 2014 | 90.52 billion current LCU | +172.6% |
| 2015 | 94.27 billion current LCU | +4.1% |
| 2016 | 125.67 billion current LCU | +33.3% |
| 2017 | 185.14 billion current LCU | +47.3% |
| 2018 | 190.32 billion current LCU | +2.8% |
| 2019 | 224.32 billion current LCU | +17.9% |
| 2020 | 261.70 billion current LCU | +16.7% |
| 2021 | 348.30 billion current LCU | +33.1% |
| 2022 | 626.98 billion current LCU | +80.0% |
| 2023 | 872.06 billion current LCU | +39.1% |
| 2024 | 1.43 trillion current LCU | +64.4% |
Malawi compared with similar countries
- Malawi's 1.43 trillion current LCU is above the median for low income countries, which is 94.46 billion current LCU, 15.2× the median. (16 countries reporting)
- Malawi's 1.43 trillion current LCU is above the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 13.5× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.86 billion current LCU | 17.86 billion current LCU | 17.86 billion current LCU | 1 |
| 2010s | 101.15 billion current LCU | 21.50 billion current LCU | 224.32 billion current LCU | 10 |
| 2020s | 708.56 billion current LCU | 261.70 billion current LCU | 1.43 trillion current LCU | 5 |
Countries ranked near Malawi
More public sector data for Malawi
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is interest payments in Malawi?
- Interest payments in Malawi was 1.43 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Malawi?
- The highest recorded value was 1.43 trillion current LCU in 2024.
- What is the lowest interest payments recorded in Malawi?
- The lowest recorded value was 17.86 billion current LCU in 2009.
- How does Malawi rank for interest payments?
- Malawi ranks 21st out of 155 countries with data for 2024.
- Is interest payments rising or falling in Malawi?
- Over the last ten years it is up 1,483.9%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.