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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Malawi & New Zealand

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Malawi vs New Zealand

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Malawi New Zealand
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World Rank 122 1.67 World Rank 43 3.61
Formerly known as Nyasaland, Malawi is a landlocked country located in the southeastern region of Africa. Its official name is the Republic of Malawi and is bordered by Zambia, Tanzania, and Mozambique. With the land coverage of 118,484 square kilometers, it is a very small nation.  More about Malawi New Zealand is an island nation located in the southwestern Pacific Ocean. There are two large landmasses that constitute the entire main region of the country, namely the North Island and the South Island. Besides that, there are also 700 smaller islands. More about New Zealand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Malawi New Zealand
Position in the ranking of countries 136 (2023) 50 (2023)
GDP [US$] 12,712,150,082 252,175,506,110
Percentage of the other 5 % 1983.7 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Malawi New Zealand
Position in the ranking of countries 136 (2023) 50 (2023)
GNI [US$] 12,349,147,692 244,146,718,394
Percentage of the other 5.1 % 1977 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Malawi New Zealand
Position in the ranking of countries - 121 (2023)
External balance [US$] - -7,249,913,004
Percentage of the other - -

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Malawi New Zealand
Position in the ranking of countries - 121 (2023)
Unemployment [%] 5.04 4.87
Percentage of the other 103.5 % 96.6 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Malawi New Zealand
Position in the ranking of countries 59 (2023) 118 (2023)
Population 21,104,482 5,223,100
Percentage of the other 404.1 % 24.7 %

Population growth (annual %)

Density

Gender

Demography