Domestic credit to private sector in Malawi
Malawi: Domestic credit to private sector was 7.9% in 2024. ▼ Falling
Domestic credit to private sector in Malawi, 1980–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Malawi recorded 7.9% for domestic credit to private sector in 2024.
The figure is up 2.1% on the previous year and up 0.9% over ten years.
Over the whole period, domestic credit to private sector in Malawi peaked at 12.6% in 1980 and was at its lowest, 1.9%, in 2002.
That places Malawi 175th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Domestic credit to private sector in Malawi, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 12.6% | — |
| 1981 | 11.9% | -5.5% |
| 1982 | 12.1% | +1.6% |
| 1983 | 12.2% | +0.8% |
| 1984 | 9.2% | -24.5% |
| 1985 | 7.5% | -18.3% |
| 1986 | 7.4% | -1.9% |
| 1987 | 5.4% | -26.9% |
| 1988 | 5.1% | -6.0% |
| 1989 | 6.0% | +18.4% |
| 1990 | 6.9% | +15.4% |
| 1991 | 7.3% | +5.8% |
| 1992 | 9.4% | +28.0% |
| 1993 | 5.8% | -38.5% |
| 1994 | 7.8% | +36.0% |
| 1995 | 4.0% | -48.6% |
| 1996 | 2.8% | -31.3% |
| 1997 | 2.5% | -9.1% |
| 1998 | 4.4% | +74.7% |
| 1999 | 3.3% | -25.8% |
| 2000 | 3.9% | +18.0% |
| 2001 | 3.6% | -7.1% |
| 2002 | 1.9% | -47.3% |
| 2003 | 2.2% | +14.2% |
| 2004 | 2.5% | +17.3% |
| 2005 | 2.8% | +9.9% |
| 2006 | 3.5% | +26.2% |
| 2007 | 3.8% | +7.4% |
| 2008 | 6.3% | +66.4% |
| 2009 | 7.5% | +19.3% |
| 2010 | 9.5% | +27.2% |
| 2011 | 9.6% | +0.7% |
| 2012 | 10.0% | +4.6% |
| 2013 | 8.6% | -14.6% |
| 2014 | 7.8% | -8.4% |
| 2015 | 9.2% | +17.1% |
| 2016 | 8.0% | -12.7% |
| 2017 | 7.5% | -6.6% |
| 2018 | 6.8% | -8.8% |
| 2019 | 7.2% | +5.9% |
| 2020 | 7.9% | +8.8% |
| 2021 | 8.2% | +4.9% |
| 2022 | 8.6% | +4.9% |
| 2023 | 7.7% | -10.4% |
| 2024 | 7.9% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.9% | 5.1% | 12.6% | 10 |
| 1990s | 5.4% | 2.5% | 9.4% | 10 |
| 2000s | 3.8% | 1.9% | 7.5% | 10 |
| 2010s | 8.4% | 6.8% | 10.0% | 10 |
| 2020s | 8.1% | 7.7% | 8.6% | 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 domestic credit to private sector in Malawi?
- Domestic credit to private sector in Malawi was 7.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Malawi?
- The highest recorded value was 12.6% in 1980.
- What is the lowest domestic credit to private sector recorded in Malawi?
- The lowest recorded value was 1.9% in 2002.
- How does Malawi rank for domestic credit to private sector?
- Malawi ranks 175th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Malawi?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
- Where does this Malawi data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.