Country profile · Sovereign risk

Malawi

Southern Africa·MWI·MWK·16 Oct 2026
RicherFin rating
Proprietary analytical opinion
Currency
MWK
Public projects
40
Published public projects
Reference data
2023–2024–2025
Macroeconomic periods

Ratings & sovereign risk

RicherFin Ratings

The analysis behind the rating.

The RicherFin file presents risk drivers, their sources and limitations, separately from agency ratings.

Agency ratings and outlooks
AgencyRatingOutlook
FitchB-None

Sources and reference dates are listed below.

Economic indicators

Each indicator retains its period
IndicatorValuePeriod
Real GDP growth1.9%2025
Central government debt / GDP61.8%2023
Current account / GDP-18.8%2024
Inflation28.4%2025
GDP per capitaUSD 6722025
Trade openness39.4%2025

Access the markets

Existing RicherFin pages

Equities

16 instruments
TickerCompanyLatest1M
CHL.MVContinental Holdings plc208 MWK-0.71%
NBS.MVNBS Bank plc622 MWK-1.49%
BHL.MVBlantyre Hotels PLC18 MWK0.00%
TNM.MVTelekom Networks Malawi PLC22 MWK-23.18%
MPICO.MVMPICO plc20 MWK0.00%
View more companies · MSE

Public projects & infrastructure

40 projects →
Blantyre City Council, Bus Terminal and ParkadeTransport · Under implementation (official publication, 2019)Preview→De-risking Importation of Strategic CommoditiesPorts and logistics · ActivePreview→Development and Supply of Marine Transport ServicesTransport Sector · CompletedPreview→Digital MalawiCommunication · Under implementation (official publication, 2019)Preview→

Sources & data scope

Economic indicator sources

Real GDP growth · 2025 · World Bank · Primary source →

Central government debt / GDP · 2023 · World Bank · Primary source →

Current account / GDP · 2024 · World Bank · Primary source →

Inflation · 2025 · World Bank · Primary source →

GDP per capita · 2025 · World Bank · Primary source →

Trade openness · 2025 · World Bank · Primary source →

RicherFin and agency ratings

The RicherFin opinion is distinct from agency ratings. A dash indicates an unavailable value.

Fitch · B- · · Source →