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Malawi’s external debt stock increased by 8.1 percent to $4.048 billion (approximately K7.09 trillion) in 2025, highlighting the country’s growing reliance on external financing. The World Bank’s 2026 International Debt Report shows that the country’s debt to external creditors has more than doubled over the past decade, rising from $1.723 billion in 2015 to $4.048 billion in 2025. The figures come against a wider global debt challenge, with the World Bank indicating that external debt stock among low and middle-income countries increased by 5.5 percent to reach $9.4 trillion in 2025, the…

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