Malawi

Republic of Malawi

MW / MWI Africa Africa

21.1M

Population

$11.0B

GDP

Payment BINs

Issuers

General Information

Capital Lilongwe

Continent Africa

Region Africa

Subregion Africa

Currency Malawian kwachas (MWK)

Languages English (official) Chewa (dominant) Lambya Lomwe Ngoni Nkhonde Nyakyusa Nyanja Sena Tonga Tumbuka Yao

Timezones UTC+2

Area 118,484 km²

Map Reference Southern Africa, east of Zambia, west and north of Mozambique

Borders Mozambique Tanzania Zambia

Demographics

Population (2023) 21,104,482

Density 178.1 per km²

Urban Population 18.3%

Median Age 20.3 years

Life Expectancy 73.0 years

Major Cities LILONGWE Blantyre-Limbe

Economy

GDP (2024) $11.0B

GDP Per Capita (2023) $667

Inflation (2024) 32.2%

Unemployment (2024) 5.1%

Public Debt 55.6% of GDP

Exchange Rate (2023) 1,161.094 to USD

Card Brands (Top 2)

Card Types

Card Categories (Top 5)

Leading Issuers

#	Issuer	BINs
1	NATIONAL BANK OF MALAWI	14
2	STANDARD BANK LIMITED MALAWI	6
3	NBS BANK, LTD.	5
4	ECOBANK MALAWI, LTD.	4
5	FIRST CAPITAL BANK PLC	4
6	MAURITIUS COMMERCIAL BANK, LTD.	3
7	ECOBANK NIGERIA PLC	2
8	FDH BANK, LTD.	2
9	INTL HDQTRS-CENTER OWNED	2
10	CENTENARY BANK, LTD.	1

View All Issuers

Main Exports

1. tobacco

2. tea

3. dried legumes

4. soybean meal

5. raw sugar (2023)

Main Imports

1. refined petroleum

2. fertilizers

3. plastics

4. garments

5. postage stamps/documents (2023)