Malawi vs Nigeria: Net domestic credit (current LCU), annual growth rate

Malawi
40.48 % change on previous year
in 2024
Nigeria
35.83 % change on previous year
in 2022
Malawi rank
14th
Nigeria rank
15th

Net domestic credit (current LCU), annual growth rate over time

  • Malawi
  • Nigeria
-2000200400196119922024

How they compare

Malawi currently reports 40.48 % change on previous year against 35.83 % change on previous year in Nigeria, a difference of 4.65 % change on previous year.

That makes Malawi's figure about 1.1 times Nigeria's.

The two have swapped places 28 times across 57 shared years of data; in 1966 it was Malawi ahead.

Malawi ranks 14th and Nigeria ranks 15th of 186 countries.

Across the 7 decades both report, Malawi averaged higher in 4 and Nigeria in 3.

Head to head by decade

Decade Malawi Nigeria Difference Ahead
1960s 28.41 % change on previous year 22.95 % change on previous year 5.46 % change on previous year Malawi
1970s 28.79 % change on previous year 68.25 % change on previous year 39.46 % change on previous year Nigeria
1980s 11.14 % change on previous year 19.17 % change on previous year 8.03 % change on previous year Nigeria
1990s 21.13 % change on previous year 35.95 % change on previous year 14.82 % change on previous year Nigeria
2000s 51.23 % change on previous year 51 % change on previous year 0.2286 % change on previous year Malawi
2010s 24.76 % change on previous year 15.93 % change on previous year 8.83 % change on previous year Malawi
2020s 33.15 % change on previous year 22.06 % change on previous year 11.09 % change on previous year Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net domestic credit (current lcu), annual growth rate, Malawi or Nigeria?
Malawi, at 40.48 % change on previous year against 35.83 % change on previous year in Nigeria as of 2024.
What is the difference in net domestic credit (current lcu), annual growth rate between Malawi and Nigeria?
4.65 % change on previous year, with Malawi ahead.
How many years of comparable data are there for Malawi and Nigeria?
57 years are reported by both, from 1966 to 2022.
How do Malawi and Nigeria rank globally for net domestic credit (current lcu), annual growth rate?
Malawi ranks 14th and Nigeria ranks 15th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Net domestic credit (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malawi vs Nigeria: Net domestic credit (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://financial-sector.statizoid.com/compare/net-domestic-credit-current-lcu-annual-growth-rate/malawi/nigeria/

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About this data

Indicator
Net domestic credit (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,697 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.