Foreign debt reached 2,434 USD bil in 2019 in Malawi, according to the National Statistical Office. This is 7.42 % 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 USD bil in. When compared to Malawi's main peers, foreign debt in Mozambique amounted to 20,516 USD bil, 188,102 USD bil in South Africa, 19,598 USD bil in Tanzania and 27,341 USD bil in Zambia in 2019.
Malawi has been ranked 91st within the group of 110 countries we follow in terms of foreign debt, 8 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.