Country risk rating


SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD7.07bn (World ranking 149, World Bank 2018)
Population 18.14mn (World ranking 63, World Bank 2018)
Form of state Multiparty democracy
Head of government Peter Mutharika (President)
Next elections 2024, presidential and legislative
  • Improvement of local access to credit
  • Important mining and mineral resources that are now protected from illegal exploitation, thanks to the Mines and Minerals Act (2019)
  • Rising opportunities for foreign investors to exploit diverse natural resources
  • Strong civil society
  • Political risks, such as tensions after the Presidential election of 2019
  • Weak network of infrastructure that makes transportation expensive
  • High reliance on the agricultural sector
  • Lack of skilled workforce
  • Tensions with neighbors (Tanzania and Mozambique), which can be dangerous for a landlocked country


Contact Euler Hermes

Economic Research Team