Net domestic credit (current LCU), annual growth rate in Malawi
Malawi: Net domestic credit (current LCU), annual growth rate was 40.48 % change on previous year in 2024. ◆ Volatile
Latest (2024)
40.48 % change on previous year
Change on year
down 8.8%
World rank
14th
of 186 countries
All-time high
176.16 % change on previous year
in 2008
All-time low
-16.02 % change on previous year
in 1988
Years of data
59
1966–2024
Net domestic credit (current LCU), annual growth rate in Malawi, 1966–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net domestic credit (current lcu), annual growth rate in Malawi stood at 40.48 % change on previous year.
The figure is down 8.8% on the previous year and up 627.0% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Malawi peaked at 176.16 % change on previous year in 2008 and was at its lowest, -16.02 % change on previous year, in 1988.
That places Malawi 14th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Malawi, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1966 | 65.06 % change on previous year | — |
| 1967 | 28.44 % change on previous year | -56.3% |
| 1968 | -0.2386 % change on previous year | -100.8% |
| 1969 | 20.37 % change on previous year | -8639.6% |
| 1970 | 10.25 % change on previous year | -49.7% |
| 1971 | 33.37 % change on previous year | +225.6% |
| 1972 | 15.51 % change on previous year | -53.5% |
| 1973 | 5.55 % change on previous year | -64.2% |
| 1974 | 34.59 % change on previous year | +523.6% |
| 1975 | 85.76 % change on previous year | +147.9% |
| 1976 | 29.26 % change on previous year | -65.9% |
| 1977 | 4.95 % change on previous year | -83.1% |
| 1978 | 32.75 % change on previous year | +561.0% |
| 1979 | 35.88 % change on previous year | +9.6% |
| 1980 | 5.89 % change on previous year | -83.6% |
| 1981 | 26.37 % change on previous year | +347.9% |
| 1982 | 17.76 % change on previous year | -32.6% |
| 1983 | 17.05 % change on previous year | -4.0% |
| 1984 | 2.01 % change on previous year | -88.2% |
| 1985 | 13.35 % change on previous year | +565.8% |
| 1986 | 19.06 % change on previous year | +42.8% |
| 1987 | 4.86 % change on previous year | -74.5% |
| 1988 | -16.02 % change on previous year | -429.9% |
| 1989 | 21.04 % change on previous year | -231.3% |
| 1990 | 2.7 % change on previous year | -87.2% |
| 1991 | 20.44 % change on previous year | +656.9% |
| 1992 | 65.54 % change on previous year | +220.6% |
| 1993 | 15.53 % change on previous year | -76.3% |
| 1994 | 34.75 % change on previous year | +123.8% |
| 1995 | -2.52 % change on previous year | -107.3% |
| 1996 | 16.36 % change on previous year | -747.8% |
| 1997 | 12.04 % change on previous year | -26.4% |
| 1998 | -1.41 % change on previous year | -111.7% |
| 1999 | 47.9 % change on previous year | -3493.3% |
| 2000 | 59.64 % change on previous year | +24.5% |
| 2001 | 64.1 % change on previous year | +7.5% |
| 2002 | 80.29 % change on previous year | +25.3% |
| 2003 | 21.18 % change on previous year | -73.6% |
| 2004 | 26.97 % change on previous year | +27.4% |
| 2005 | 12.75 % change on previous year | -52.7% |
| 2006 | 14.24 % change on previous year | +11.7% |
| 2007 | 20.84 % change on previous year | +46.3% |
| 2008 | 176.16 % change on previous year | +745.4% |
| 2009 | 36.09 % change on previous year | -79.5% |
| 2010 | 13.94 % change on previous year | -61.4% |
| 2011 | 37.24 % change on previous year | +167.2% |
| 2012 | 13.04 % change on previous year | -65.0% |
| 2013 | 11.55 % change on previous year | -11.4% |
| 2014 | -7.68 % change on previous year | -166.5% |
| 2015 | 88.01 % change on previous year | -1245.6% |
| 2016 | 36.72 % change on previous year | -58.3% |
| 2017 | 24.42 % change on previous year | -33.5% |
| 2018 | 20.96 % change on previous year | -14.2% |
| 2019 | 9.39 % change on previous year | -55.2% |
| 2020 | 23.45 % change on previous year | +149.7% |
| 2021 | 33.65 % change on previous year | +43.5% |
| 2022 | 42.35 % change on previous year | +25.8% |
| 2023 | 44.38 % change on previous year | +4.8% |
| 2024 | 40.48 % change on previous year | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.41 % change on previous year | -0.2386 % change on previous year | 65.06 % change on previous year | 4 |
| 1970s | 28.79 % change on previous year | 4.95 % change on previous year | 85.76 % change on previous year | 10 |
| 1980s | 11.14 % change on previous year | -16.02 % change on previous year | 26.37 % change on previous year | 10 |
| 1990s | 21.13 % change on previous year | -2.52 % change on previous year | 65.54 % change on previous year | 10 |
| 2000s | 51.23 % change on previous year | 12.75 % change on previous year | 176.16 % change on previous year | 10 |
| 2010s | 24.76 % change on previous year | -7.68 % change on previous year | 88.01 % change on previous year | 10 |
| 2020s | 36.86 % change on previous year | 23.45 % change on previous year | 44.38 % change on previous year | 5 |
Countries ranked near Malawi
- 11 Tajikistan 42.75 % change on previous year compare
- 12 Turkey 42.15 % change on previous year compare
- 13 Iraq 41.67 % change on previous year compare
- 15 Nigeria 35.83 % change on previous year compare
- 16 Saint Kitts and Nevis 35.76 % change on previous year compare
- 17 Liberia 34.26 % change on previous year compare
More financial sector data for Malawi
- Total reserves in months of imports, annual growth rate -33 % change on previous year (2020)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2020)
- Total reserves in months of imports, per capita 0 units per person (2020)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -33.35 % change on previous year (2020)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0345 SDR per US$ of GDP (2020)
- Reserves excluding gold, foreign exchange (SDR), per capita 20.78 SDR per person (2020)
- Reserves excluding gold (SDR), annual growth rate -32.6 % change on previous year (2020)
- Reserves excluding gold (SDR), per capita 21.13 SDR per person (2020)
- Total reserves (gold at market value) (SDR), annual growth rate -32.6 % change on previous year (2020)
- Total reserves (gold at market value) (SDR), per capita 21.13 SDR per person (2020)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Malawi?
- Net domestic credit (current lcu), annual growth rate in Malawi was 40.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Malawi?
- The highest recorded value was 176.16 % change on previous year in 2008.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Malawi?
- The lowest recorded value was -16.02 % change on previous year in 1988.
- How does Malawi rank for net domestic credit (current lcu), annual growth rate?
- Malawi ranks 14th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Malawi?
- Over the last ten years it is up 627.0%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.