Malawi vs Zimbabwe

Malawi vs Zimbabwe: Government debt

Government debt in 2025: 96.6% of GDP in Malawi and 38% of GDP in Zimbabwe, by IMF estimates. In 2025 the value was higher in Malawi, by 58.6 percentage points, or 2.54 times that in Zimbabwe.

% of GDP · IMF

Malawi vs Zimbabwe: Government debtGovernment debt in 2025: 96.6% of GDP in Malawi and 38% of GDP in Zimbabwe, by IMF estimates. In 2025 the value was higher in Malawi, by 58.6 percentage points, or 2.54 times that in Zimbabwe.
MalawiZimbabweIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Malawi has been higher since 2021, when it overtook Zimbabwe.
  • In 2025, Malawi ranked 20 and Zimbabwe ranked 111 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Malawi at 67.5% of GDP and Zimbabwe at 25.7% of GDP in 2031.

Every year

% of GDP · IMF

YearMalawiZimbabwe
202596.638
202486.670.4
202384.576.1
202275.766.8
202166.639.9
202053.956.8
201941.253.9
201840.833
20174049
201637.135.1
201535.534.1
201433.529.2
201335.426.4
201228.627.2
20112030
201019.333.2
200923.539.7
200823.541.3
20071930.2
200617.926.7
200570.922.4
200474.7–
200384.7–
2002101.5–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMalawiZimbabwe
20267833.5
20277530.6
202871.830.2
202969.628.2
203068.326.7
203167.525.7

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Malawi vs Zimbabwe

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