Iceland vs Malawi: Number of Deposit Accounts, Commercial Banks, of Which: Household

Iceland
1.69 million
in 2024
Malawi
1.72 million
in 2024
Iceland rank
60th
Malawi rank
59th

Number of Deposit Accounts, Commercial Banks, of Which: Household over time

  • Iceland
  • Malawi
0500.0k1.0M1.5M2.0M201120172024

How they compare

Malawi currently reports 1.72 million against 1.69 million in Iceland, a difference of 21,510.

The two have swapped places 5 times across 9 shared years of data; in 2016 it was Iceland ahead.

Iceland ranks 60th and Malawi ranks 59th of 94 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Malawi Difference Ahead
2010s 1.46 million 1.40 million 58,230 Iceland
2020s 1.61 million 1.54 million 76,392 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher number of deposit accounts, commercial banks, of which: household, Iceland or Malawi?
Malawi, at 1.72 million against 1.69 million in Iceland as of 2024.
What is the difference in number of deposit accounts, commercial banks, of which: household between Iceland and Malawi?
21,510, with Malawi ahead.
How many years of comparable data are there for Iceland and Malawi?
9 years are reported by both, from 2016 to 2024.
How do Iceland and Malawi rank globally for number of deposit accounts, commercial banks, of which: household?
Iceland ranks 60th and Malawi ranks 59th of 94 countries.
Where does this data come from?
International Monetary Fund, published as Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Malawi: Number of Deposit Accounts, Commercial Banks, of Which: Household. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/compare/number-of-deposit-accounts-commercial-banks-of-which-household-sector-deposit-accounts/iceland/malawi/

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About this data

Indicator
Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
94 places, 1,382 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.