Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Malawi
Malawi: Household Sector Loan Accounts with Commercial Banks per 1,000 Adults was 20.58 in 2024. ▲ Rising
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Malawi, 2011–2024
Source: International Monetary Fund.
Analysis
Malawi recorded 20.58 for household sector loan accounts with commercial banks per 1,000 adults in 2024.
That represents a change of down 20.8% on the previous year and up 96.5% over ten years.
Over the whole period, household sector loan accounts with commercial banks per 1,000 adults in Malawi peaked at 33.4 in 2016 and was at its lowest, 9.92, in 2018.
Malawi ranks 92nd of 98 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 14.14 | — |
| 2012 | 13 | -8.0% |
| 2013 | 10.47 | -19.4% |
| 2016 | 33.4 | +218.9% |
| 2017 | 10.91 | -67.4% |
| 2018 | 9.92 | -9.0% |
| 2019 | 12.26 | +23.6% |
| 2020 | 14.16 | +15.5% |
| 2021 | 16.2 | +14.4% |
| 2022 | 16.18 | -0.1% |
| 2023 | 26 | +60.7% |
| 2024 | 20.58 | -20.8% |
Malawi compared with similar countries
- Malawi's 20.58 is above the median for low income countries, which is 15.43, 1.3× the median. (7 countries reporting)
- Malawi's 20.58 is below the median for Sub-Saharan Africa, which is 56.25, 37% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.87 | 9.92 | 33.4 | 7 |
| 2020s | 18.62 | 14.16 | 26 | 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 household sector loan accounts with commercial banks per 1,000 adults in Malawi?
- Household sector loan accounts with commercial banks per 1,000 adults in Malawi was 20.58 in 2024, according to International Monetary Fund.
- What is the highest household sector loan accounts with commercial banks per 1,000 adults recorded in Malawi?
- The highest recorded value was 33.4 in 2016.
- What is the lowest household sector loan accounts with commercial banks per 1,000 adults recorded in Malawi?
- The lowest recorded value was 9.92 in 2018.
- How does Malawi rank for household sector loan accounts with commercial banks per 1,000 adults?
- Malawi ranks 92nd out of 98 countries with data for 2024.
- Is household sector loan accounts with commercial banks per 1,000 adults rising or falling in Malawi?
- Over the last ten years it is up 96.5%. 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 Household Sector Loan Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.