Malawi vs Togo: Borrowers from commercial banks
Malawi
24.84 per 1,000 adults
in 2024
Togo
37.25 per 1,000 adults
in 2024
Malawi rank
98th
Togo rank
95th
Borrowers from commercial banks over time
- Malawi
- Togo
How they compare
Togo currently reports 37.25 per 1,000 adults against 24.84 per 1,000 adults in Malawi, a difference of 12.41 per 1,000 adults.
That makes Togo's figure about 1.5 times Malawi's.
Across all 6 years both countries report, Togo has been ahead every year.
Malawi ranks 98th and Togo ranks 95th of 113 countries.
Togo has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Malawi | Togo | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 12.42 per 1,000 adults | 32.88 per 1,000 adults | 20.45 per 1,000 adults | Togo |
| 2020s | 21.11 per 1,000 adults | 33.8 per 1,000 adults | 12.69 per 1,000 adults | Togo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher borrowers from commercial banks, Malawi or Togo?
- Togo, at 37.25 per 1,000 adults against 24.84 per 1,000 adults in Malawi as of 2024.
- What is the difference in borrowers from commercial banks between Malawi and Togo?
- 12.41 per 1,000 adults, with Togo ahead.
- How many years of comparable data are there for Malawi and Togo?
- 6 years are reported by both, from 2019 to 2024.
- How do Malawi and Togo rank globally for borrowers from commercial banks?
- Malawi ranks 98th and Togo ranks 95th of 113 countries.
- Where does this data come from?
- Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.