Currency in circulation outside of depository corporations in Malawi

Malawi: Currency in circulation outside of depository corporations was 652.64 billion Domestic currency in 2024. ◆ Volatile

Latest (2024)
652.64 billion Domestic currency
Change on year
up 38.9%
World rank
45th
of 145 countries
All-time high
652.64 billion Domestic currency
in 2024
All-time low
110.50 billion Domestic currency
in 2015
Years of data
10
2015–2024

Currency in circulation outside of depository corporations in Malawi, 2015–2024

200.0B400.0B600.0B2015201920242015: 110.5B Domestic currency2016: 146.0B Domestic currency2017: 165.4B Domestic currency2018: 189.5B Domestic currency2019: 201.8B Domestic currency2020: 237.0B Domestic currency2021: 299.8B Domestic currency2022: 397.7B Domestic currency2023: 469.7B Domestic currency2024: 652.6B Domestic currency

Source: International Monetary Fund. Measured in Domestic currency.

Analysis

Malawi recorded 652.64 billion Domestic currency for currency in circulation outside of depository corporations in 2024. That is the highest value across all 10 years on record.

The figure is up 38.9% on the previous year and up 490.6% over ten years.

Over the whole period, currency in circulation outside of depository corporations in Malawi peaked at 652.64 billion Domestic currency in 2024 and was at its lowest, 110.50 billion Domestic currency, in 2015.

Malawi ranks 45th of 145 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Currency in circulation outside of depository corporations in Malawi, year by year

Annual values for Currency in circulation outside of depository corporations (Domestic currency) in Malawi, 2015 to 2024.
Year Domestic currency Change
2015 110.50 billion Domestic currency
2016 146.00 billion Domestic currency +32.1%
2017 165.36 billion Domestic currency +13.3%
2018 189.46 billion Domestic currency +14.6%
2019 201.80 billion Domestic currency +6.5%
2020 236.97 billion Domestic currency +17.4%
2021 299.77 billion Domestic currency +26.5%
2022 397.66 billion Domestic currency +32.7%
2023 469.73 billion Domestic currency +18.1%
2024 652.64 billion Domestic currency +38.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 162.63 billion Domestic currency 110.50 billion Domestic currency 201.80 billion Domestic currency 5
2020s 411.35 billion Domestic currency 236.97 billion Domestic currency 652.64 billion Domestic currency 5

Countries ranked near Malawi

  1. 42 Angola 781.01 billion Domestic currency compare
  2. 43 Czechia 694.87 billion Domestic currency compare
  3. 44 Nepal 674.12 billion Domestic currency compare
  4. 46 Syrian Arab Republic 626.29 billion Domestic currency
  5. 47 Hong Kong, China 623.19 billion Domestic currency compare
  6. 48 Chad 586.67 billion Domestic currency compare

See the full ranking of 147 places →

More financial sector data for Malawi

All data for Malawi →

Frequently asked questions

What is currency in circulation outside of depository corporations in Malawi?
Currency in circulation outside of depository corporations in Malawi was 652.64 billion Domestic currency in 2024, according to International Monetary Fund.
What is the highest currency in circulation outside of depository corporations recorded in Malawi?
The highest recorded value was 652.64 billion Domestic currency in 2024.
What is the lowest currency in circulation outside of depository corporations recorded in Malawi?
The lowest recorded value was 110.50 billion Domestic currency in 2015.
How does Malawi rank for currency in circulation outside of depository corporations?
Malawi ranks 45th out of 145 countries with data for 2024.
Is currency in circulation outside of depository corporations rising or falling in Malawi?
Over the last ten years it is up 490.6%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.

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Currency in circulation outside of depository corporations in Malawi. Statizoid, drawing on International Monetary Fund. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/currency-in-circulation-outside-of-depository-corporations-domestic-currency/malawi/

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About this data

Indicator
Currency in circulation outside of depository corporations (Domestic currency)
Unit
Domestic currency
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
147 places, 3,301 data points, 1997–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.