Number of Borrowers, Commercial Banks, of Which: Household Sector in Malawi
Malawi: Number of Borrowers, Commercial Banks, of Which: Household Sector was 264,238 in 2024. ▲ Rising
Number of Borrowers, Commercial Banks, of Which: Household Sector in Malawi, 2007–2024
Source: International Monetary Fund.
Analysis
In 2024, number of borrowers, commercial banks, of which: household sector in Malawi stood at 264,238.
That represents a change of down 17.9% on the previous year and down 12.3% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Malawi peaked at 321,978 in 2023 and was at its lowest, 91,797, in 2007.
Malawi ranks 65th of 89 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 91,797 | — |
| 2009 | 103,177 | +12.4% |
| 2010 | 97,534 | -5.5% |
| 2016 | 301,351 | +209.0% |
| 2017 | 102,205 | -66.1% |
| 2018 | 100,617 | -1.6% |
| 2019 | 101,706 | +1.1% |
| 2020 | 144,863 | +42.4% |
| 2021 | 170,405 | +17.6% |
| 2022 | 193,272 | +13.4% |
| 2023 | 321,978 | +66.6% |
| 2024 | 264,238 | -17.9% |
Malawi compared with similar countries
- Malawi's 264,238 is above the median for low income countries, which is 64,096, 4.1× the median. (7 countries reporting)
- Malawi's 264,238 is above the median for Sub-Saharan Africa, which is 198,132, 1.3× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 97,487 | 91,797 | 103,177 | 2 |
| 2010s | 140,683 | 97,534 | 301,351 | 5 |
| 2020s | 218,951 | 144,863 | 321,978 | 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 number of borrowers, commercial banks, of which: household sector in Malawi?
- Number of borrowers, commercial banks, of which: household sector in Malawi was 264,238 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Malawi?
- The highest recorded value was 321,978 in 2023.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Malawi?
- The lowest recorded value was 91,797 in 2007.
- How does Malawi rank for number of borrowers, commercial banks, of which: household sector?
- Malawi ranks 65th out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Malawi?
- Over the last ten years it is down 12.3%. 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 Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.