Borrowers from commercial banks in Malawi
Malawi: Borrowers from commercial banks was 24.84 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Malawi, 2007–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Malawi is 24.84 per 1,000 adults, measured in 2024.
That represents a change of down 9.8% on the previous year and down 33.6% over ten years.
Over the whole period, borrowers from commercial banks in Malawi peaked at 37.41 per 1,000 adults in 2016 and was at its lowest, 11.84 per 1,000 adults, in 2018.
Malawi ranks 97th of 112 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Borrowers from commercial banks in Malawi, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2007 | 17.06 per 1,000 adults | — |
| 2009 | 16.32 per 1,000 adults | -4.4% |
| 2010 | 17.01 per 1,000 adults | +4.2% |
| 2016 | 37.41 per 1,000 adults | +120.0% |
| 2017 | 12.46 per 1,000 adults | -66.7% |
| 2018 | 11.84 per 1,000 adults | -5.0% |
| 2019 | 12.42 per 1,000 adults | +4.9% |
| 2020 | 14.96 per 1,000 adults | +20.4% |
| 2021 | 16.33 per 1,000 adults | +9.2% |
| 2022 | 21.89 per 1,000 adults | +34.0% |
| 2023 | 27.55 per 1,000 adults | +25.9% |
| 2024 | 24.84 per 1,000 adults | -9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.69 per 1,000 adults | 16.32 per 1,000 adults | 17.06 per 1,000 adults | 2 |
| 2010s | 18.23 per 1,000 adults | 11.84 per 1,000 adults | 37.41 per 1,000 adults | 5 |
| 2020s | 21.11 per 1,000 adults | 14.96 per 1,000 adults | 27.55 per 1,000 adults | 5 |
Countries ranked near Malawi
More financial sector data for Malawi
- Total reserves in months of imports, annual growth rate -33 % change on previous year (2020)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2020)
- Total reserves in months of imports, per capita 0 units per person (2020)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -33.35 % change on previous year (2020)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0345 SDR per US$ of GDP (2020)
- Reserves excluding gold, foreign exchange (SDR), per capita 20.78 SDR per person (2020)
- Reserves excluding gold (SDR), annual growth rate -32.6 % change on previous year (2020)
- Reserves excluding gold (SDR), per capita 21.13 SDR per person (2020)
- Total reserves (gold at market value) (SDR), annual growth rate -32.6 % change on previous year (2020)
- Total reserves (gold at market value) (SDR), per capita 21.13 SDR per person (2020)
Frequently asked questions
- What is borrowers from commercial banks in Malawi?
- Borrowers from commercial banks in Malawi was 24.84 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Malawi?
- The highest recorded value was 37.41 per 1,000 adults in 2016.
- What is the lowest borrowers from commercial banks recorded in Malawi?
- The lowest recorded value was 11.84 per 1,000 adults in 2018.
- How does Malawi rank for borrowers from commercial banks?
- Malawi ranks 97th out of 112 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Malawi?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.