Malawi’s economic growth is doing little to improve everyday living standards, as rapid population growth and stagnant key industries continue to choke national progress.
According to Malawian economist Chifi Mhango, the country’s economy expanded by an average of just 2.9% annually between 2017 and 2025. That growth sits barely above the annual population growth rate of 2.6%, leaving per capita gains virtually nonexistent.
Mhango explained that the underlying structure of the economy remains a major concern, pointing out that expansion is tilting heavily toward service industries rather than productive, high-output sectors. He noted that manufacturing has essentially stood still over the past eight years, while agricultural production and real estate continue to decline, leaving financial services as one of the few areas seeing growth.
–ChannelAfrica–
