Financial Development Index in Malawi
Malawi: Financial Development Index was 0.0954 in 2020. β² Rising
Financial Development Index in Malawi, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Malawi stood at 0.0954.
The figure is up 17.3% on the previous year and up 21.2% over ten years.
Over the whole period, financial development index in Malawi peaked at 0.1028 in 1980 and was at its lowest, 0.0288, in 1988.
That places Malawi 166th out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0644 | 0.0288 | 0.1028 | 10 |
| 1990s | 0.0671 | 0.0364 | 0.0908 | 10 |
| 2000s | 0.0705 | 0.0558 | 0.0799 | 10 |
| 2010s | 0.0829 | 0.0751 | 0.0936 | 10 |
| 2020s | 0.0954 | 0.0954 | 0.0954 | 1 |
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 financial development index in Malawi?
- Financial development index in Malawi was 0.0954 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Malawi?
- The highest recorded value was 0.1028 in 1980.
- What is the lowest financial development index recorded in Malawi?
- The lowest recorded value was 0.0288 in 1988.
- How does Malawi rank for financial development index?
- Malawi ranks 166th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Malawi?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.