Foreign debt reached 2,160 USD bil in 2017 in Malawi, according to the National Statistical Office. This is 17.0 % more than in the previous year.
Historically, foreign debt in Malawi reached an all time high of 3,444 USD bil in 2004 and an all time low of 135 USD bil in 1970. When compared to Malawi's main peers, foreign debt in Mozambique amounted to 12,010 USD bil, 176,335 USD bil in South Africa, 18,242 USD bil in Tanzania and 16,309 USD bil in Zambia in 2017.
Malawi has been ranked 91st within the group of 111 countries we follow in terms of foreign debt, 5 places above the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.