Account in Malawi
Malawi: Account was 50.4% in 2024. ▲ Rising
Account in Malawi, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, account in Malawi stood at 50.4%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 17.9% on the previous year and up 178.4% over ten years.
Over the whole period, account in Malawi peaked at 50.4% in 2024 and was at its lowest, 16.5%, in 2011.
Malawi ranks 93rd of 116 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.8% | 16.5% | 33.7% | 3 |
| 2020s | 46.5% | 42.7% | 50.4% | 2 |
Countries ranked near Malawi
More reference data data for Malawi
- Number of child deaths per woman 0.1976 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 3.65 live births per woman (2023)
- Fertility rate: births per woman 3.65 live births per woman (2023)
- Fertility rate: births per woman 3.65 live births per woman (2023)
- Human Development Index 0.517 (2023)
- Rule of Law - Governance estimate -0.1463 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 54.45 0-100 (2024)
- Voice and Accountability - Governance estimate -0.1094 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 54.93 0-100 (2024)
- Political Stability - Governance score 59.4 0-100 (2024)
Frequently asked questions
- What is account in Malawi?
- Account in Malawi was 50.4% in 2024, according to Global Findex Database.
- What is the highest account recorded in Malawi?
- The highest recorded value was 50.4% in 2024.
- What is the lowest account recorded in Malawi?
- The lowest recorded value was 16.5% in 2011.
- How does Malawi rank for account?
- Malawi ranks 93rd out of 116 countries with data for 2024.
- Is account rising or falling in Malawi?
- Over the last ten years it is up 178.4%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)