Malawi is one of the world’s least developed nations, with 85% of the population living in rural areas and practising subsistence farming. Malawi’s economy is dominated by agriculture, with tobacco making up over half of exports.
Malawi sees little foreign investment thanks to widespread corruption, low development and poor infrastructure. Malawi’s workers have little in the way of employment regulations and protection is severely limited. Incomes are some of the lowest in the world. That being said, Malawi is forecasted for substantial growth as foreign aid returns following limits to fight corruption, and more money is diverted to education and a desire to make Malawi a centre for sciences in Southern Africa.