Malawi Short Term Interest Rate

1983 - 2025 | Monthly | % pa | Reserve Bank of Malawi

Key information about Malawi Short Term Interest Rate

  • Malawi Short Term Interest Rate: Month End: Treasury Bills Yield: 91 Days was reported at 16.00 % pa in Nov 2025, compared with 16.00 % pa in the previous month.
  • Malawi Short Term Interest Rate data is updated monthly, available from Jan 1983 to Nov 2025.
  • The data reached an all-time high of 67.46 % pa in Dec 2000 and a record low of 5.66 % pa in Sep 2011.
  • Short Term Interest Rate is reported by reported by Reserve Bank of Malawi.
  • The cash rate (Policy Rate: Month End: Bank Rate) was set at 26.00 % pa in Dec 2025.
  • Malawi Exchange Rate against USD averaged 1,750.09 (USD/MWK) in Sep 2025.

View Malawi's Short Term Interest Rate from Jan 1983 to Nov 2025 in the chart:

Malawi Short Term Interest Rate

What was Malawi's Short Term Interest Rate in Nov 2025?

Malawi Short Term Interest Rate: Month End: Treasury Bills Yield: 91 Days was reported at 16.00 % pa in Nov 2025, compared with 16.00 % pa in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.00 Nov 2025 16.00 Oct 2025 5.66 Sep 2011 67.46 Dec 2000 % pa monthly Jan 1983 - Nov 2025

Short Term Interest Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.60 May 2025 monthly Jan 2002 - May 2025
Algeria (% pa) 1.89 Dec 2025 monthly Jan 2002 - Dec 2025
Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
Australia (% pa) 3.99 Feb 2026 monthly Jun 1969 - Feb 2026
Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Azerbaijan (% pa) 10.50 Apr 2025 monthly Dec 2002 - Apr 2025
Bahrain (% pa) 3.82 Dec 2025 quarterly Jun 2003 - Dec 2025
Bangladesh (% pa) 9.46 Oct 2025 monthly Sep 2003 - Oct 2025
Belarus (% pa) 7.10 Feb 2026 monthly Apr 2003 - Feb 2026
Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Bolivia (% pa) 7.33 Dec 2025 monthly Jan 1998 - Dec 2025
Botswana (% pa) 3.44 Jan 2026 monthly Jan 2003 - Jan 2026
Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
Cambodia (% pa) 0.00 Feb 2026 monthly Dec 2016 - Feb 2026
Canada (% pa) 2.19 Feb 2026 monthly Jan 1993 - Feb 2026
China (% pa) 1.57 Feb 2026 monthly Oct 2006 - Feb 2026
Colombia (% pa) 8.67 Oct 2025 monthly Jan 1986 - Oct 2025
Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Czech Republic (% pa) 3.48 Feb 2026 monthly Apr 1992 - Feb 2026
Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
Ecuador (% pa) 2.71 Nov 2025 monthly Apr 2000 - Nov 2025
Egypt (% pa) 20.02 Feb 2026 monthly Jan 2001 - Feb 2026
Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Georgia (% pa) 7.89 Feb 2026 monthly Feb 2008 - Feb 2026
Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Ghana (% pa) 11.09 Dec 2025 monthly Aug 1996 - Dec 2025
Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Hong Kong SAR, China (% pa) 2.58 Feb 2026 monthly Jul 1996 - Feb 2026
Hungary (% pa) 6.38 Jan 2026 monthly Aug 1996 - Jan 2026
Iceland (% pa) 7.58 Feb 2026 monthly Aug 1998 - Feb 2026
India (% pa) 6.12 Oct 2025 monthly Sep 2015 - Oct 2025
Indonesia (% pa) 5.46 Nov 2025 monthly Dec 1995 - Nov 2025
Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
Israel (% pa) 4.44 Jun 2025 monthly Mar 2007 - Jun 2025
Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Japan (% pa) 0.81 Nov 2025 monthly Jan 1997 - Nov 2025
Jordan (% pa) 6.25 Feb 2026 monthly Aug 2005 - Feb 2026
Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
Kenya (% pa) 7.78 Dec 2025 monthly Jul 1991 - Dec 2025
South Korea (% pa) 2.78 Feb 2026 monthly Jul 2004 - Feb 2026
Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Kuwait (% pa) 3.56 Feb 2026 monthly Nov 2001 - Feb 2026
Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Lebanon (% pa) 18.65 Nov 2025 monthly Mar 1972 - Nov 2025
Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Macau SAR, China (% pa) 3.13 Nov 2025 monthly Jun 1988 - Nov 2025
North Macedonia (% pa) 4.51 May 2025 monthly Jul 2007 - May 2025
Malawi (% pa) 16.00 Nov 2025 monthly Jan 1983 - Nov 2025
Malaysia (% pa) 3.23 Feb 2026 monthly Jan 1988 - Feb 2026
Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Mauritius (% pa) 4.16 Dec 2025 monthly Apr 1998 - Dec 2025
Mexico (% pa) 7.35 Feb 2026 monthly Jan 1997 - Feb 2026
Moldova (% pa) 8.83 Feb 2026 monthly Dec 2005 - Feb 2026
Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Morocco (% pa) 2.25 Feb 2026 monthly Jan 1995 - Feb 2026
Mozambique (% pa) 11.97 Dec 2025 monthly Nov 2005 - Dec 2025
Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
Nepal (% pa) 2.35 Jan 2026 monthly Feb 1993 - Jan 2026
Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
New Zealand (% pa) 2.45 Nov 2025 monthly Jan 1985 - Nov 2025
Nigeria (% pa) 23.64 Feb 2026 monthly Jan 2010 - Feb 2026
Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
Oman (% pa) 0.00 Oct 2025 monthly Jan 2004 - Oct 2025
Pakistan (% pa) 11.17 Oct 2025 monthly Nov 2004 - Oct 2025
Panama (% pa) 4.00 Feb 2026 monthly Jan 2006 - Feb 2026
Philippines (% pa) 4.42 Feb 2026 monthly Jan 1975 - Feb 2026
Poland (% pa) 3.90 Jan 2026 monthly Jan 1999 - Jan 2026
Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Qatar (% pa) 4.04 Dec 2025 monthly Jul 2004 - Dec 2025
Romania (% pa) 5.74 Feb 2026 monthly Aug 1995 - Feb 2026
Russia (% pa) 16.65 Oct 2025 monthly Aug 2000 - Oct 2025
Saudi Arabia (% pa) 4.85 Jan 2026 monthly Jan 2007 - Jan 2026
Serbia (% pa) 4.68 Feb 2026 monthly Aug 2005 - Feb 2026
Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 2024
Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
South Africa (% pa) 6.71 Jan 2026 monthly Dec 1980 - Jan 2026
Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
Switzerland (% pa) -0.04 Feb 2026 monthly Jul 1999 - Feb 2026
Taiwan, China (% pa) 1.68 Feb 2026 monthly Oct 2005 - Feb 2026
Thailand (% pa) 1.63 Nov 2025 monthly Jan 2005 - Nov 2025
Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
Ukraine (% pa) 4.03 Apr 2025 monthly Jan 2006 - Apr 2025
United Arab Emirates (% pa) 3.67 Feb 2026 monthly Oct 2009 - Feb 2026
United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
United States (% pa) 3.59 Feb 2026 monthly Jan 1954 - Feb 2026
Uruguay (% pa) 5.79 Mar 2026 monthly Sep 2002 - Mar 2026
Venezuela (% pa) 1.53 Nov 2025 monthly Jan 1998 - Nov 2025
Vietnam (% pa) 7.29 Feb 2026 monthly Jul 2004 - Feb 2026
Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
Zambia (% pa) 11.50 Oct 2025 monthly Jan 2006 - Oct 2025

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Malawi Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 Sep 2025 monthly Apr 2005 - Sep 2025
Consolidated Fiscal Balance (USD mn) -43.664 Nov 2025 monthly Oct 2005 - Nov 2025
Tax Revenue (USD mn) 1,677.860 2022 yearly 2009 - 2022
Tax Revenue: % of GDP (%) 13.5 2022 yearly 2009 - 2022
National Government Debt (USD mn) 2,620.0 2014 yearly 2010 - 2014
Government Debt: % of GDP (%) 66.0 2014 yearly 2010 - 2014
Forecast: Government Expenditure (MWK bn) 18,587.472 2030 yearly 2002 - 2030
Forecast: Government Net Debt (MWK bn) 52,033.349 2030 yearly 2002 - 2030
Forecast: Government Revenue (MWK bn) 10,889.039 2030 yearly 2002 - 2030
Central Government: Revenue and Grants (MWK bn) 422.100 Nov 2025 monthly Oct 2005 - Nov 2025
Central Government: Net Financing (MWK bn) 722.400 Nov 2025 monthly Oct 2005 - Nov 2025
Central Government: Expenditure (MWK bn) 498.500 Nov 2025 monthly Oct 2005 - Nov 2025
Central Government: Revenue and Grants: Revenue (MWK bn) 331.500 Nov 2025 monthly Oct 2005 - Nov 2025
Central Government: Deficit or Surplus (MWK bn) -76.400 Nov 2025 monthly Oct 2005 - Nov 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.545 2028 yearly 1980 - 2028
Trade Balance (USD mn) -238.9 Nov 2025 monthly Jan 1964 - Nov 2025
Total Exports (USD mn) 109.4 Nov 2025 monthly Jan 1994 - Nov 2025
Total Exports Growth (%) -5.8 Dec 2025 monthly Jan 1995 - Dec 2025
Aluminum: Exports (USD th) 60.077 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 222.975 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 34.498 2024 yearly 1995 - 2024
Total Imports (USD mn) 348.3 Nov 2025 monthly Jan 1994 - Nov 2025
Total Imports Growth (%) 27.6 Dec 2025 monthly Jan 1995 - Dec 2025
Imports: Medicament (USD th) 105,095.742 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 79,592.082 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 2.905 Nov 2025 monthly Dec 1984 - Nov 2025
Total Imports from USA (USD mn) 13.758 Nov 2025 monthly Jul 1987 - Nov 2025
Total Exports to China (USD mn) 1.387 Nov 2025 monthly Jan 2008 - Nov 2025
Total Imports from China (USD mn) 38.747 Nov 2025 monthly Feb 1999 - Nov 2025
Foreign Trade: Imports (MWK mn) 683,996.285 Jan 2026 monthly Jan 1994 - Jan 2026
Foreign Trade Balance (MWK mn) -474,925.391 Dec 2025 monthly Jan 1994 - Dec 2025
Foreign Trade: Re-Exports (MWK mn) 755.350 Dec 2025 monthly Jan 1994 - Dec 2025
Foreign Trade: Exports (MWK mn) 106,558.628 Dec 2025 monthly Jan 1994 - Dec 2025
Export Volume Index (2015=100) 89.753 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 122.732 2021 yearly 1980 - 2021
Export Value Index (2015=100) 93.195 2021 yearly 1980 - 2021
Import Value Index (2015=100) 140.916 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -122.4 2021 yearly 2003 - 2021
Current Account Balance (USD mn) -2,276.0 2023 yearly 1977 - 2023
Current Account Balance: % of GDP (%) -17.0 2023 yearly 1977 - 2023
Foreign Direct Investment (USD mn) 46.4 2021 yearly 1970 - 2021
Foreign Direct Investment: % of GDP (%) 0.4 2021 yearly 1970 - 2021
Foreign Portfolio Investment (USD mn) -146.374 2021 yearly 2003 - 2021
Foreign Portfolio Investment: % of GDP (%) -1.2 2021 yearly 2003 - 2021
Foreign Portfolio Investment: Equity Securities (USD mn) -0.0 2021 yearly 2003 - 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 2.868 2024 yearly 2003 - 2024
External Debt (MWK mn) 5,887,049.3 2023 yearly 1984 - 2023
External Debt: % of GDP (%) 60.1 2021 yearly 2006 - 2021
External Debt: Short Term (USD mn) 75.4 2024 yearly 1970 - 2024
External Debt: Short Term: % of GDP (%) 0.6 2019 yearly 2002 - 2019
Forecast: Current Account Balance (USD bn) -3.166 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -6,956.681 2022 yearly 2002 - 2022
BoP: Current and Capital Account (MWK mn) -99,300.000 2012 yearly 2003 - 2012
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.1 Jun 2025 quarterly Dec 2003 - Jun 2025
Household Debt: % of GDP (%) 0.3 2011 yearly 2006 - 2011
Non-Performing Loans (USD mn) 83.604 Sep 2024 quarterly Jun 2015 - Sep 2024
Money Supply M1 (USD mn) 1,005.072 Apr 2021 monthly Jan 1975 - Apr 2021
Money Supply M2 (USD mn) 4,195.127 Nov 2025 monthly Jan 1975 - Nov 2025
M2 Growth (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Reserve Requirement Ratio (%) 10.0 Jan 2026 monthly Jan 2019 - Jan 2026
Foreign Exchange Reserves (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Foreign Exchange Reserves: % of GDP (%) 7.753 2019 yearly 2002 - 2019
Foreign Exchange Reserves: Months of Import (NA) 1.7 Oct 2021 monthly Jan 1994 - Oct 2021
Gold Reserves (USD mn) 22.783 Nov 2015 monthly Jan 1972 - Nov 2015
Total Deposits (USD mn) 414.530 Nov 2025 monthly Feb 2005 - Nov 2025
Total Deposits Growth (%) 25.3 Nov 2025 monthly Feb 2006 - Nov 2025
Domestic Credit (USD mn) 6,367.1 Nov 2025 monthly Jan 1975 - Nov 2025
Domestic Credit Growth (%) 51.0 Nov 2025 monthly Jan 1976 - Nov 2025
Household Debt (USD mn) 17.7 Dec 2011 monthly Jan 2006 - Dec 2011
Private Debt: % of Nominal GDP (%) 7.49 2023 yearly 2017 - 2023
Monetary Aggregates: M2 (MWK bn) 7,274.400 Nov 2025 monthly Jan 1975 - Nov 2025
Monetary Survey: Net Domestic Assets: Domestic Credit (MWK bn) 11,040.600 Nov 2025 monthly Jan 1975 - Nov 2025
Monetary Aggregates: M1 (MWK bn) 796.100 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Aggregates: Quasi Money (MWK bn) 848.900 Apr 2021 monthly Jan 1975 - Apr 2021
Monetary Survey: Official Foreign Reserves (MWK mn) 400,770.800 Dec 2022 monthly Jan 1975 - Dec 2022
Bank Deposits (MWK bn) 718.800 Nov 2025 monthly Feb 2005 - Nov 2025

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