Malawi vs Nigeria: Account ownership at a financial institution or with a

Malawi
43.3%
in 2024
Nigeria
42.2%
in 2024
Malawi rank
77th
Nigeria rank
78th

Account ownership at a financial institution or with a over time

  • Malawi
  • Nigeria
10203040201120172024

How they compare

Malawi currently reports 43.3% against 42.2% in Nigeria, a difference of 1.1%.

The two have swapped places 1 time across 5 shared years of data; in 2011 it was Nigeria ahead.

Malawi ranks 77th and Nigeria ranks 78th of 105 countries.

Across the 2 decades both report, Malawi averaged higher in 1 and Nigeria in 1.

Head to head by decade

Decade Malawi Nigeria Difference Ahead
2010s 16.6% 18.8% 2.2% Nigeria
2020s 38.3% 34.0% 4.3% Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher account ownership at a financial institution or with a, Malawi or Nigeria?
Malawi, at 43.3% against 42.2% in Nigeria as of 2024.
What is the difference in account ownership at a financial institution or with a between Malawi and Nigeria?
1.1%, with Malawi ahead.
How many years of comparable data are there for Malawi and Nigeria?
5 years are reported by both, from 2011 to 2024.
How do Malawi and Nigeria rank globally for account ownership at a financial institution or with a?
Malawi ranks 77th and Nigeria ranks 78th of 105 countries.
Where does this data come from?
Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider, primary education or less (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malawi vs Nigeria: Account ownership at a financial institution or with a. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-5/malawi/nigeria/

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Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-5/malawi/nigeria/">Malawi vs Nigeria: Account ownership at a financial institution or with a</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, primary education or less (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 585 data points, 2011–2024
Last refreshed

Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (primary education or less, % of population ages 15+).