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46 / BUSINESS / Country at a glance<br />

At a glance<br />

Malawi<br />

Named after its magnificent sunsets, Malawi is<br />

an African gem. Find out more with these<br />

FACTS AND FIGURES.<br />

text Yvette Bax infographics Chantal van Wessel/Vizualism<br />

Geography & economy<br />

Source: afdb.org / cia.gov Source: nationsonline.org / worldatlas.com / data.worldbank.org<br />

Official name Republic of Malawi<br />

Population 15.8 million people (2014, est.)<br />

GDP US$ 5.442 billion<br />

Area (km 2 ) <strong>11</strong>8,484<br />

Capital Lilongwe<br />

Other cities Blantyre (commercial capital),<br />

Zomba, Mzuzu<br />

Currency Kwacha (MWK)<br />

Local time GMT+2<br />

Neighbouring<br />

countries Zambia, Tanzania, Mozambique<br />

Languages Chichewa (national), English (official),<br />

approx. 16 other local languages<br />

Flights Kenya Airways operates flights from Nairobi<br />

to Lilongwe via Harare and via Chileka<br />

International Airport<br />

GDP forecast<br />

Agriculture<br />

5<br />

4<br />

3<br />

2<br />

32%<br />

Industry<br />

17.5%<br />

5.7%<br />

’14<br />

’15<br />

2.8%<br />

2.7%<br />

4%<br />

’16 ’17 ’18<br />

GDP growth compared to the<br />

previous year in Malawi<br />

(in percentages)<br />

5%<br />

5<br />

4<br />

3<br />

2<br />

1,000 km<br />

Services<br />

50.5%<br />

Flames<br />

The country got its name<br />

because of its fiery<br />

sunsets. Malawi comes<br />

from the local language<br />

Chichewa, and means<br />

“flames of fire”.<br />

Rural areas<br />

About 90 percent of the<br />

population lives in rural<br />

areas. Malawi’s economy<br />

is based mostly on<br />

subsistence agriculture<br />

and small-scale<br />

fisheries.<br />

The climate<br />

is predominantly<br />

subtropical, with two<br />

main seasons: cold-dry<br />

and hot-wet.<br />

Landscape<br />

Malawi’s landscape consists of<br />

plateaus, highlands and valleys.<br />

Nearly one-third of Malawi’s<br />

area is covered by Lake<br />

Malawi.<br />

Economy<br />

With the support of<br />

the IMF and the<br />

World Bank, Malawi<br />

has been able to<br />

sustain it’s<br />

economic growth<br />

rates.<br />

Source: nationsonline.org / cia.gov / worldbank.org

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