Malawi ranks 8th in the list of the world’s top 10 poorest countries. IMF projects that for 2024, the GDP per capita of Malawi is estimated at around $1,711.837. Despite significant economic and structural reforms, Malawi remains one of the poorest countries globally. The economy is heavily reliant on agriculture, employing over 80% of the population, and is particularly susceptible to external, especially climatic shocks, says the World Bank. (AI image)
