Bank accounts per 1,000 adults in Malawi
Malawi: Bank accounts per 1,000 adults was 169.67 in 2019. ▬ Flat
Bank accounts per 1,000 adults in Malawi, 2007–2019
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
The most recent figure for bank accounts per 1,000 adults in Malawi is 169.67, measured in 2019.
Compared with earlier readings it is down 5.1% on the previous year and up 2.7% over ten years.
Over the whole period, bank accounts per 1,000 adults in Malawi peaked at 247.05 in 2013 and was at its lowest, 106.24, in 2015.
Malawi ranks 85th of 103 countries on this measure, in the bottom quarter.
Bank accounts per 1,000 adults in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 128.27 | — |
| 2009 | 165.24 | +28.8% |
| 2010 | 190.06 | +15.0% |
| 2011 | 192.18 | +1.1% |
| 2012 | 212.76 | +10.7% |
| 2013 | 247.05 | +16.1% |
| 2015 | 106.24 | -57.0% |
| 2016 | 181.7 | +71.0% |
| 2017 | 148.32 | -18.4% |
| 2018 | 178.87 | +20.6% |
| 2019 | 169.67 | -5.1% |
Malawi compared with similar countries
- Malawi's 169.67 is above the median for low income countries, which is 146.25, 1.2× the median. (18 countries reporting)
- Malawi's 169.67 is below the median for Sub-Saharan Africa, which is 194.06, 87% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 146.76 | 128.27 | 165.24 | 2 |
| 2010s | 180.76 | 106.24 | 247.05 | 9 |
Countries ranked near Malawi
- 82 Mali 180.99 compare
- 83 Eswatini 179.49 compare
- 84 Mauritania 173.6 compare
- 86 Sierra Leone 156.77 compare
- 87 Guinea-Bissau 155.81 compare
- 88 Congo 153.79 compare
More financial sector data for Malawi
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1505 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1099 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1505 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Malawi?
- Bank accounts per 1,000 adults in Malawi was 169.67 in 2019, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Malawi?
- The highest recorded value was 247.05 in 2013.
- What is the lowest bank accounts per 1,000 adults recorded in Malawi?
- The lowest recorded value was 106.24 in 2015.
- How does Malawi rank for bank accounts per 1,000 adults?
- Malawi ranks 85th out of 103 countries with data for 2019.
- Is bank accounts per 1,000 adults rising or falling in Malawi?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is flat.
- Where does this Malawi data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.