Number of Household Sector Borrowers at Commercial Banks per 1,000 in Malawi
Malawi: Number of Household Sector Borrowers at Commercial Banks per 1,000 was 20.58 in 2024. ▲ Rising
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Malawi, 2007–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector borrowers at commercial banks per 1,000 in Malawi stood at 20.58.
Compared with earlier readings it is down 20.8% on the previous year and down 34.1% over ten years.
Over the whole period, number of household sector borrowers at commercial banks per 1,000 in Malawi peaked at 31.24 in 2016 and was at its lowest, 9.49, in 2019.
Malawi ranks 81st of 89 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Malawi, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 12.54 | — |
| 2009 | 13.32 | +6.3% |
| 2010 | 12.23 | -8.2% |
| 2016 | 31.24 | +155.4% |
| 2017 | 10.23 | -67.2% |
| 2018 | 9.73 | -4.9% |
| 2019 | 9.49 | -2.4% |
| 2020 | 13.04 | +37.4% |
| 2021 | 14.79 | +13.5% |
| 2022 | 16.18 | +9.4% |
| 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 13.09, 1.6× the median. (7 countries reporting)
- Malawi's 20.58 is below the median for Sub-Saharan Africa, which is 37.67, 55% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.93 | 12.54 | 13.32 | 2 |
| 2010s | 14.59 | 9.49 | 31.24 | 5 |
| 2020s | 18.12 | 13.04 | 26 | 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 household sector borrowers at commercial banks per 1,000 in Malawi?
- Number of household sector borrowers at commercial banks per 1,000 in Malawi was 20.58 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at commercial banks per 1,000 recorded in Malawi?
- The highest recorded value was 31.24 in 2016.
- What is the lowest number of household sector borrowers at commercial banks per 1,000 recorded in Malawi?
- The lowest recorded value was 9.49 in 2019.
- How does Malawi rank for number of household sector borrowers at commercial banks per 1,000?
- Malawi ranks 81st out of 89 countries with data for 2024.
- Is number of household sector borrowers at commercial banks per 1,000 rising or falling in Malawi?
- Over the last ten years it is down 34.1%. 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 Household Sector Borrowers at Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.