According to Global Finance, United States of America, Malawi is a developing country, and ranked one of the top ten poorest countries in the world, whose GDP-PPP is US$1,668. Poorest Countries in the World 2024 | Global Finance Magazine (gfmag.com), 3 March 2024. Malawi remains in extreme and widespread poverty due to other situations that hinder its development, including poor infrastructure, inadequate supply of energy and healthcare facilities, absence of international investors and manufacturing, dependency on rain-fed agriculture, climate change, constrained water resources, deforestation, limited government support in animal husbandry, limited institutional capacity to manage natural resources, poor information, technology and telecommunication, tourism and banking. As a result, there is more of importing than exporting that pulls down the already tender, vulnerable and growing economy even more.