Borrowers from commercial banks (per 1,000 adults) in Malawi
Malawi: Borrowers from commercial banks (per 1,000 adults) 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 98th of 113 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 (per 1,000 adults) 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% |
Malawi compared with similar countries
- Malawi's 24.84 per 1,000 adults is above the median for low income countries, which is 12.66 per 1,000 adults, 2.0× the median. (15 countries reporting)
- Malawi's 24.84 per 1,000 adults is below the median for Sub-Saharan Africa, which is 55.43 per 1,000 adults, 45% of the median. (35 countries reporting)
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
- 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 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 98th out of 113 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.
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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.