Number of Household Sector Deposit Accounts with Commercial Banks per in Malawi

Malawi: Number of Household Sector Deposit Accounts with Commercial Banks per was 133.57 in 2024. ▼ Falling

Latest (2024)
133.57
Change on year
up 36.0%
World rank
85th
of 92 countries
All-time high
225.62
in 2013
All-time low
98.24
in 2023
Years of data
12
2011–2024

Number of Household Sector Deposit Accounts with Commercial Banks per in Malawi, 2011–2024

0501001502002502011201720242011: 156.82012: 216.12013: 225.62016: 127.12017: 135.52018: 143.82019: 143.52020: 1352021: 1312022: 146.62023: 98.22024: 133.6

Source: International Monetary Fund.

Analysis

The most recent figure for number of household sector deposit accounts with commercial banks per in Malawi is 133.57, measured in 2024.

That represents a change of up 36.0% on the previous year and down 40.8% over ten years.

Over the whole period, number of household sector deposit accounts with commercial banks per in Malawi peaked at 225.62 in 2013 and was at its lowest, 98.24, in 2023.

That places Malawi 85th out of 92 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Number of Household Sector Deposit Accounts with Commercial Banks per in Malawi, year by year

Annual values for Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults in Malawi, 2011 to 2024.
Year Value Change
2011 156.82
2012 216.1 +37.8%
2013 225.62 +4.4%
2016 127.08 -43.7%
2017 135.54 +6.7%
2018 143.82 +6.1%
2019 143.55 -0.2%
2020 134.99 -6.0%
2021 130.98 -3.0%
2022 146.64 +12.0%
2023 98.24 -33.0%
2024 133.57 +36.0%

Malawi compared with similar countries

  • Malawi's 133.57 is above the median for low income countries, which is 71.82, 1.9× the median. (8 countries reporting)
  • Malawi's 133.57 is below the median for Sub-Saharan Africa, which is 273.77, 49% of the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 164.08 127.08 225.62 7
2020s 128.88 98.24 146.64 5

Countries ranked near Malawi

  1. 82 Comoros 193.78 compare
  2. 83 Belarus 177.73 compare
  3. 84 Congo 167.3 compare
  4. 86 Guinea 126.82 compare
  5. 87 Cameroon 125.34 compare
  6. 88 South Sudan 81.38 compare

See the full ranking of 92 places →

More financial sector data for Malawi

All data for Malawi →

Frequently asked questions

What is number of household sector deposit accounts with commercial banks per in Malawi?
Number of household sector deposit accounts with commercial banks per in Malawi was 133.57 in 2024, according to International Monetary Fund.
What is the highest number of household sector deposit accounts with commercial banks per recorded in Malawi?
The highest recorded value was 225.62 in 2013.
What is the lowest number of household sector deposit accounts with commercial banks per recorded in Malawi?
The lowest recorded value was 98.24 in 2023.
How does Malawi rank for number of household sector deposit accounts with commercial banks per?
Malawi ranks 85th out of 92 countries with data for 2024.
Is number of household sector deposit accounts with commercial banks per rising or falling in Malawi?
Over the last ten years it is down 40.8%. The long-run trend across the full record is falling.
Where does this Malawi data come from?
The figures come from International Monetary Fund, published as part of Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.

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Number of Household Sector Deposit Accounts with Commercial Banks per in Malawi. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-household-sector-deposit-accounts-with-commercial-banks-per-1-000-adults/malawi/

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About this data

Indicator
Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
92 places, 1,367 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.