Commercial bank branches in Malawi
Malawi: Commercial bank branches was 1.71 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Malawi, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Malawi is 1.71 per 100,000 adults, measured in 2024.
The figure is up 0.6% on the previous year and down 47.8% over ten years.
Over the whole period, commercial bank branches in Malawi peaked at 3.32 per 100,000 adults in 2015 and was at its lowest, 0.9269 per 100,000 adults, in 2006.
That places Malawi 178th out of 185 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Malawi, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 0.9784 per 100,000 adults | — |
| 2005 | 0.9381 per 100,000 adults | -4.1% |
| 2006 | 0.9269 per 100,000 adults | -1.2% |
| 2007 | 1.94 per 100,000 adults | +109.2% |
| 2008 | 2.18 per 100,000 adults | +12.3% |
| 2009 | 2.29 per 100,000 adults | +4.9% |
| 2010 | 2.88 per 100,000 adults | +26.2% |
| 2011 | 1.07 per 100,000 adults | -62.9% |
| 2012 | 3.3 per 100,000 adults | +207.6% |
| 2013 | 3.29 per 100,000 adults | -0.3% |
| 2014 | 3.27 per 100,000 adults | -0.5% |
| 2015 | 3.32 per 100,000 adults | +1.7% |
| 2016 | 2.95 per 100,000 adults | -11.1% |
| 2017 | 2.18 per 100,000 adults | -26.1% |
| 2018 | 2.25 per 100,000 adults | +3.2% |
| 2019 | 2.23 per 100,000 adults | -1.0% |
| 2020 | 2.03 per 100,000 adults | -8.8% |
| 2021 | 1.96 per 100,000 adults | -3.5% |
| 2022 | 1.89 per 100,000 adults | -3.5% |
| 2023 | 1.7 per 100,000 adults | -10.4% |
| 2024 | 1.71 per 100,000 adults | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.54 per 100,000 adults | 0.9269 per 100,000 adults | 2.29 per 100,000 adults | 6 |
| 2010s | 2.68 per 100,000 adults | 1.07 per 100,000 adults | 3.32 per 100,000 adults | 10 |
| 2020s | 1.86 per 100,000 adults | 1.7 per 100,000 adults | 2.03 per 100,000 adults | 5 |
Countries ranked near Malawi
- 175 Sierra Leone 2.13 per 100,000 adults compare
- 176 Uganda 2.08 per 100,000 adults compare
- 177 Afghanistan 2.04 per 100,000 adults compare
- 179 South Sudan 1.7 per 100,000 adults compare
- 180 Yemen 1.48 per 100,000 adults compare
- 181 Niger 1.46 per 100,000 adults compare
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 commercial bank branches in Malawi?
- Commercial bank branches in Malawi was 1.71 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Malawi?
- The highest recorded value was 3.32 per 100,000 adults in 2015.
- What is the lowest commercial bank branches recorded in Malawi?
- The lowest recorded value was 0.9269 per 100,000 adults in 2006.
- How does Malawi rank for commercial bank branches?
- Malawi ranks 178th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Malawi?
- Over the last ten years it is down 47.8%. 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 Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.