External debt — all countries

External debt — Malawi

External debt in Malawi in 2024 — 3,743,648,286 US$. Ranked 32 in the world out of 118. Since 1970, the indicator has risen by 2,668.8%.

2024 3.74B US$ +3.87% vs 2023
World rank 32of 118
Period maximum 3.74B US$2024
Period minimum 135M US$1970

Trend over time

1970–2024 · US$

External debt — Malawi, 1970–202401B2B3B4B19701976198219881994200020062012201820241970: 135,209,090 US$1971: 152,207,138 US$1972: 175,657,680 US$1973: 215,019,020 US$1974: 242,448,769 US$1975: 270,146,843 US$1976: 309,343,465 US$1977: 460,539,298 US$1978: 594,691,120 US$1979: 668,979,096 US$1980: 830,099,378 US$1981: 821,549,156 US$1982: 864,818,903 US$1983: 892,447,752 US$1984: 879,965,289 US$1985: 1,020,836,518 US$1986: 1,157,319,300 US$1987: 1,366,795,220 US$1988: 1,359,054,452 US$1989: 1,410,101,288 US$1990: 1,558,240,457 US$1991: 1,664,940,523 US$1992: 1,708,915,404 US$1993: 1,826,231,848 US$1994: 2,021,054,114 US$1995: 2,238,776,662 US$1996: 2,311,685,186 US$1997: 2,225,560,611 US$1998: 2,438,886,276 US$1999: 2,757,065,362 US$2000: 2,716,150,631 US$2001: 2,591,698,365 US$2002: 2,900,916,475 US$2003: 3,111,209,645 US$2004: 3,443,607,863 US$2005: 3,195,998,422 US$2006: 870,594,216 US$2007: 868,946,321 US$2008: 994,770,539 US$2009: 1,144,449,860 US$2010: 1,020,774,253 US$2011: 1,213,551,485 US$2012: 1,331,643,880 US$2013: 1,562,928,822 US$2014: 1,660,844,757 US$2015: 1,722,514,631 US$2016: 1,848,081,075 US$2017: 2,162,398,106 US$2018: 2,265,713,574 US$2019: 2,427,416,966 US$2020: 2,961,709,327 US$2021: 3,197,123,057 US$2022: 3,340,066,802 US$2023: 3,604,152,683 US$2024: 3,743,648,286 US$
Change over the period: +3.61B (+2,668.78%) Average annual rate: 6.34 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Malawi

Malawi 3.74B US$
Sub-Saharan Africa computed 903B US$
Eastern Africa computed 300B US$
Low-income countries computed 243B US$
External debt — Malawi, by year Malawi All countries CSV XLSX
Year US$ Change Change, %
2024 3.74B +139M +3.87%
2023 3.6B +264M +7.91%
2022 3.34B +143M +4.47%
2021 3.2B +235M +7.95%
2020 2.96B +534M +22.01%
2019 2.43B +162M +7.14%
2018 2.27B +103M +4.78%
2017 2.16B +314M +17.01%
2016 1.85B +126M +7.29%
2015 1.72B +61.67M +3.71%
2014 1.66B +97.92M +6.26%
2013 1.56B +231M +17.37%
2012 1.33B +118M +9.73%
2011 1.21B +193M +18.89%
2010 1.02B −124M −10.81%
2009 1.14B +150M +15.05%
2008 995M +126M +14.48%
2007 869M −1.65M −0.19%
2006 871M −2.33B −72.76%
2005 3.2B −248M −7.19%
2004 3.44B +332M +10.68%
2003 3.11B +210M +7.25%
2002 2.9B +309M +11.93%
2001 2.59B −124M −4.58%
2000 2.72B −40.91M −1.48%
1999 2.76B +318M +13.05%
1998 2.44B +213M +9.59%
1997 2.23B −86.12M −3.73%
1996 2.31B +72.91M +3.26%
1995 2.24B +218M +10.77%
1994 2.02B +195M +10.67%
1993 1.83B +117M +6.86%
1992 1.71B +43.97M +2.64%
1991 1.66B +107M +6.85%
1990 1.56B +148M +10.51%
1989 1.41B +51.05M +3.76%
1988 1.36B −7.74M −0.57%
1987 1.37B +209M +18.1%
1986 1.16B +136M +13.37%
1985 1.02B +141M +16.01%
1984 880M −12.48M −1.4%
1983 892M +27.63M +3.19%
1982 865M +43.27M +5.27%
1981 822M −8.55M −1.03%
1980 830M +161M +24.08%
1979 669M +74.29M +12.49%
1978 595M +134M +29.13%
1977 461M +151M +48.88%
1976 309M +39.2M +14.51%
1975 270M +27.7M +11.42%
1974 242M +27.43M +12.76%
1973 215M +39.36M +22.41%
1972 176M +23.45M +15.41%
1971 152M +17M +12.57%
1970 135M

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.