Lending Rate, Percent per annum in Malawi
Malawi: Lending Rate, Percent per annum was 37.06 in 2024. ▲ Rising
Lending Rate, Percent per annum in Malawi, 1979–2024
Source: International Monetary Fund.
Analysis
In 2024, lending rate, percent per annum in Malawi stood at 37.06.
Compared with earlier readings it is up 10.5% on the previous year and down 16.3% over ten years.
Over the whole period, lending rate, percent per annum in Malawi peaked at 56.17 in 2001 and was at its lowest, 16.5, in 1979.
That places Malawi 5th out of 144 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Lending Rate, Percent per annum in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 16.5 | — |
| 1980 | 16.67 | +1.0% |
| 1981 | 18.5 | +11.0% |
| 1982 | 18.5 | +0.0% |
| 1983 | 18.33 | -0.9% |
| 1984 | 16.5 | -10.0% |
| 1985 | 18.38 | +11.4% |
| 1986 | 19 | +3.4% |
| 1987 | 19.5 | +2.6% |
| 1988 | 22.25 | +14.1% |
| 1989 | 23 | +3.4% |
| 1990 | 21 | -8.7% |
| 1991 | 20 | -4.8% |
| 1992 | 22 | +10.0% |
| 1993 | 29.5 | +34.1% |
| 1994 | 31 | +5.1% |
| 1995 | 47.33 | +52.7% |
| 1996 | 45.33 | -4.2% |
| 1997 | 28.25 | -37.7% |
| 1998 | 37.67 | +33.3% |
| 1999 | 53.58 | +42.3% |
| 2000 | 53.12 | -0.9% |
| 2001 | 56.17 | +5.7% |
| 2002 | 50.54 | -10.0% |
| 2003 | 48.92 | -3.2% |
| 2004 | 36.83 | -24.7% |
| 2005 | 33.08 | -10.2% |
| 2006 | 32.25 | -2.5% |
| 2007 | 27.72 | -14.1% |
| 2008 | 25.28 | -8.8% |
| 2009 | 25.25 | -0.1% |
| 2010 | 24.62 | -2.5% |
| 2011 | 23.75 | -3.6% |
| 2012 | 32.33 | +36.1% |
| 2013 | 46.01 | +42.3% |
| 2014 | 44.29 | -3.7% |
| 2015 | 44.39 | +0.2% |
| 2016 | 44.11 | -0.6% |
| 2017 | 38.59 | -12.5% |
| 2018 | 32.29 | -16.3% |
| 2019 | 25.67 | -20.5% |
| 2020 | 24.22 | -5.7% |
| 2021 | 23.88 | -1.4% |
| 2022 | 25.35 | +6.2% |
| 2023 | 33.55 | +32.3% |
| 2024 | 37.06 | +10.5% |
Malawi compared with similar countries
- Malawi's 37.06 is above the median for low income countries, which is 15, 2.5× the median. (19 countries reporting)
- Malawi's 37.06 is above the median for Sub-Saharan Africa, which is 14.29, 2.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.5 | 16.5 | 16.5 | 1 |
| 1980s | 19.06 | 16.5 | 23 | 10 |
| 1990s | 33.57 | 20 | 53.58 | 10 |
| 2000s | 38.92 | 25.25 | 56.17 | 10 |
| 2010s | 35.61 | 23.75 | 46.01 | 10 |
| 2020s | 28.81 | 23.88 | 37.06 | 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 lending rate, percent per annum in Malawi?
- Lending rate, percent per annum in Malawi was 37.06 in 2024, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Malawi?
- The highest recorded value was 56.17 in 2001.
- What is the lowest lending rate, percent per annum recorded in Malawi?
- The lowest recorded value was 16.5 in 1979.
- How does Malawi rank for lending rate, percent per annum?
- Malawi ranks 5th out of 144 countries with data for 2024.
- Is lending rate, percent per annum rising or falling in Malawi?
- Over the last ten years it is down 16.3%. 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 Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.