Malawi - Debt Service 2023
9.71%
+0.56% from 2022
Malawi's debt service was 9.71% in 2023, increased +0.56% from 9.14% in 2022. This was the 38th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 0.33% | 103.6% |
| 2nd | Algeria | 0.76% | 77.4% |
| 3rd | Somalia, Fed. Rep. | 1.23% | 14.6% |
| 4th | Congo, Democratic Republic of | 1.63% | -47.3% |
| 5th | Djibouti | 1.64% | 24.7% |
| 6th | Timor-Leste | 2.06% | 164.1% |
| 7th | Guinea | 2.58% | 9.7% |
| 8th | Guyana | 2.65% | 116.7% |
| 9th | Botswana | 3.67% | 90.0% |
| 10th | Iraq | 3.99% | 10.6% |
| 11th | St. Lucia | 4.66% | 20.1% |
| 12th | Solomon Islands | 4.88% | 102.4% |
| 13th | São Tomé and Principe | 5.08% | -29.5% |
| 14th | Vanuatu | 5.46% | -10.8% |
| 15th | Mali | 5.54% | 8.4% |
| 16th | Kosovo | 5.66% | -26.1% |
| 17th | Azerbaijan | 5.86% | 78.3% |
| 18th | Madagascar | 6.10% | 33.8% |
| 19th | Haiti | 6.36% | 152.4% |
| 20th | Grenada | 6.59% | -10.1% |
| 21st | Myanmar | 6.99% | -0.5% |
| 22nd | Belize | 7.35% | 31.9% |
| 23rd | Gambia, The | 7.49% | -49.2% |
| 24th | Viet Nam | 7.54% | 11.5% |
| 25th | Eswatini | 7.86% | 105.1% |
| 26th | Mexico | 8.15% | -5.4% |
| 27th | Zambia | 8.22% | -30.0% |
| 28th | Mauritius | 8.45% | 94.0% |
| 29th | Chad | 8.46% | 10.8% |
| 30th | Albania | 8.54% | -7.0% |
| 31st | Lesotho | 8.92% | 81.1% |
| 32nd | Fiji | 9.10% | 15.0% |
| 33rd | Morocco | 9.20% | -9.0% |
| 34th | Mauritania | 9.42% | 17.1% |
| 35th | Paraguay | 9.56% | -32.1% |
| 36th | Liberia | 9.64% | 42.6% |
| 37th | Cambodia | 9.65% | -8.6% |
| 38th | Malawi | 9.71% | 6.1% |
| 39th | Central African Republic | 10.09% | 71.0% |
| 40th | Maldives | 10.13% | -25.2% |
| 41st | India | 10.16% | 22.9% |
| 42nd | Tajikistan | 10.30% | 12.8% |
| 43rd | Samoa | 10.35% | -49.5% |
| 44th | Bulgaria | 10.74% | -24.2% |
| 45th | Burundi | 10.96% | 19.2% |
| 46th | Tonga | 11.05% | 0.6% |
| 47th | Togo | 11.09% | -5.2% |
| 48th | St. Vincent and the Grenadines | 11.10% | -6.6% |
| 49th | Sierra Leone | 11.24% | 12.1% |
| 50th | Comoros | 11.54% | 323.5% |
| 51st | Burkina Faso | 11.67% | -33.6% |
| 52nd | China | 11.83% | 4.4% |
| 53rd | Nepal | 11.87% | 16.2% |
| 54th | Thailand | 11.96% | 50.7% |
| 55th | Serbia | 12.04% | -19.8% |
| 56th | Ukraine | 12.21% | -9.0% |
| 57th | Philippines | 12.26% | 42.8% |
| 58th | Bangladesh | 12.59% | 12.1% |
| 59th | Russian Federation | 12.74% | -14.9% |
| 60th | Lao PDR | 12.81% | -17.3% |
| 61st | Congo, Republic of | 13.29% | -2.5% |
| 62nd | Guatemala | 13.30% | -37.1% |
| 63rd | Bosnia and Herzegovina | 13.53% | 71.2% |
| 64th | Niger | 14.10% | -22.5% |
| 65th | Bolivia, Plurinational State of | 14.21% | -12.7% |
| 66th | Guinea-Bissau | 15.08% | -16.7% |
| 67th | Cabo Verde | 15.17% | 26.7% |
| 68th | Ghana | 15.28% | -30.9% |
| 69th | Rwanda | 15.32% | 33.3% |
| 70th | Nigeria | 15.39% | 27.9% |
| 71st | Tanzania | 15.56% | -5.2% |
| 72nd | Bhutan | 15.61% | -3.6% |
| 73rd | Sri Lanka | 16.07% | -20.8% |
| 74th | Belarus | 16.13% | 14.7% |
| 75th | Jordan | 16.24% | -29.7% |
| 76th | South Africa | 16.50% | -11.4% |
| 77th | North Macedonia | 17.00% | 61.6% |
| 78th | Honduras | 17.10% | 0.0% |
| 79th | Peru | 17.11% | 78.5% |
| 80th | Armenia | 17.81% | 1.6% |
| 81st | Benin | 18.10% | 60.6% |
| 82nd | Dominican Republic | 18.93% | 33.4% |
| 83rd | Moldova | 19.09% | 88.8% |
| 84th | Montenegro | 19.14% | -18.2% |
| 85th | Zimbabwe | 19.52% | 220.8% |
| 86th | Côte d'Ivoire | 20.05% | 55.3% |
| 87th | Cameroon | 20.15% | -2.1% |
| 88th | Indonesia | 20.28% | -13.0% |
| 89th | Nicaragua | 20.74% | -12.6% |
| 90th | Georgia | 20.85% | -0.7% |
| 91st | Türkiye | 20.91% | 6.2% |
| 92nd | Kenya | 21.11% | 16.5% |
| 93rd | Dominica | 22.75% | 8.4% |
| 94th | Ecuador | 22.89% | 58.5% |
| 95th | Tunisia | 24.12% | 2.2% |
| 96th | Suriname | 25.06% | 70.3% |
| 97th | Kyrgyz Republic | 27.40% | 64.2% |
| 98th | Uganda | 29.97% | 78.0% |
| 99th | Senegal | 30.24% | 67.3% |
| 100th | Egypt, Arab Republic of | 30.39% | 31.4% |
| 101st | Mongolia | 31.63% | -10.5% |
| 102nd | Uzbekistan | 32.61% | 9.0% |
| 103rd | Angola | 33.45% | 10.1% |
| 104th | Lebanon | 34.50% | 20.2% |
| 105th | Colombia | 36.72% | 8.6% |
| 106th | Jamaica | 38.04% | 68.3% |
| 107th | Papua New Guinea | 42.24% | 41.6% |
| 108th | Pakistan | 43.60% | 3.7% |
| 109th | Mozambique | 46.16% | -22.0% |
| 110th | Kazakhstan | 50.26% | -1.8% |
| 111th | Argentina | 51.36% | 62.1% |
| 112th | Brazil | 53.54% | 79.1% |
| 113th | El Salvador | 83.07% | 158.4% |
FAQ
What was Malawi's debt service in 2023?▾
Malawi's debt service in 2023 was 9.71%. This ranked 38th globally.
How did Malawi's debt service change in 2023?▾
Malawi's debt service increased by 6.1% in 2023 compared to 2022.
Which country had the highest debt service in 2023?▾
El Salvador had the highest debt service in 2023 at 83.07%.
What is the debt service of Malawi in 2023?▾
The debt service of Malawi in 2023 was 9.71%. This ranked 38th globally.
How does 2023 compare to 2022 for Malawi's debt service?▾
Malawi's debt service went from 9.14% in 2022 to 9.71% in 2023, a 6.1% increase.
Related
2022
2024
All years
Full ranking 2023
External Debt
External Debt to GNI
Short-term Debt
Domestic Credit
Interest Payments to Revenue
Peak: 1986
Lowest: 2011
Debt Service 1990s
Debt Service 2000s
Debt Service 2010s
Debt Service 2020s
Highest ever
Lowest ever
Average
vs Madagascar
vs Central African Republic
vs Eritrea
vs Mozambique
African Union Debt Service
Global Ranking