Broad money in Malawi
Malawi: Broad money was 27.2% in 2024. ▲ Rising
Broad money in Malawi, 1980–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, broad money in Malawi stood at 27.2%. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 64.8% over ten years.
Over the whole period, broad money in Malawi peaked at 27.2% in 2024 and was at its lowest, 7.2%, in 2002.
That places Malawi 145th out of 166 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Broad money in Malawi, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 13.1% | — |
| 1981 | 15.0% | +14.3% |
| 1982 | 15.2% | +1.8% |
| 1983 | 14.0% | -8.2% |
| 1984 | 15.6% | +11.6% |
| 1985 | 13.6% | -13.1% |
| 1986 | 15.2% | +12.3% |
| 1987 | 17.6% | +15.3% |
| 1988 | 15.8% | -10.1% |
| 1989 | 13.5% | -14.6% |
| 1990 | 12.8% | -5.0% |
| 1991 | 13.4% | +4.2% |
| 1992 | 14.7% | +10.3% |
| 1993 | 14.7% | -0.5% |
| 1994 | 17.7% | +20.6% |
| 1995 | 13.3% | -24.5% |
| 1996 | 11.4% | -14.4% |
| 1997 | 9.3% | -18.6% |
| 1998 | 12.6% | +35.1% |
| 1999 | 11.2% | -11.1% |
| 2000 | 12.3% | +9.8% |
| 2001 | 12.7% | +3.6% |
| 2002 | 7.2% | -43.3% |
| 2003 | 7.9% | +9.3% |
| 2004 | 8.4% | +7.1% |
| 2005 | 8.6% | +1.6% |
| 2006 | 7.9% | -7.3% |
| 2007 | 9.5% | +19.7% |
| 2008 | 12.8% | +34.9% |
| 2009 | 13.7% | +6.6% |
| 2010 | 15.2% | +11.1% |
| 2011 | 17.2% | +13.4% |
| 2012 | 17.7% | +2.6% |
| 2013 | 17.8% | +0.9% |
| 2014 | 16.5% | -7.6% |
| 2015 | 17.1% | +3.9% |
| 2016 | 16.2% | -5.6% |
| 2017 | 16.5% | +2.0% |
| 2018 | 16.6% | +0.4% |
| 2019 | 16.0% | -3.2% |
| 2020 | 17.5% | +9.0% |
| 2021 | 20.1% | +15.0% |
| 2022 | 23.6% | +17.4% |
| 2023 | 23.7% | +0.5% |
| 2024 | 27.2% | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.9% | 13.1% | 17.6% | 10 |
| 1990s | 13.1% | 9.3% | 17.7% | 10 |
| 2000s | 10.1% | 7.2% | 13.7% | 10 |
| 2010s | 16.7% | 15.2% | 17.8% | 10 |
| 2020s | 22.4% | 17.5% | 27.2% | 5 |
Countries ranked near Malawi
More financial sector data for Malawi
- Net domestic credit (current LCU), per capita 362,247 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 693.47 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 40.48 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 449,295 SDR (2014)
- Gold reserves at market value 10.69 million SDR (2014)
- Reserves excluding gold, foreign exchange 405.92 million SDR (2020)
- Reserves excluding gold 412.77 million SDR (2020)
- Total reserves (gold at market value) 412.77 million SDR (2020)
- Total reserves (gold at national valuation) 412.77 million SDR (2020)
- Total reserves (gold at national valuation) (SDR), per capita 21.13 SDR per person (2020)
Frequently asked questions
- What is broad money in Malawi?
- Broad money in Malawi was 27.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Malawi?
- The highest recorded value was 27.2% in 2024.
- What is the lowest broad money recorded in Malawi?
- The lowest recorded value was 7.2% in 2002.
- How does Malawi rank for broad money?
- Malawi ranks 145th out of 166 countries with data for 2024.
- Is broad money rising or falling in Malawi?
- Over the last ten years it is up 64.8%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.