Monetary Sector credit to private sector in Malawi

Malawi: Monetary Sector credit to private sector was 7.9% in 2024. ▼ Falling

Latest (2024)
7.9%
Change on year
up 2.1%
World rank
174th
of 186 countries
All-time high
12.6%
in 1980
All-time low
1.9%
in 2002
Years of data
45
1980–2024

Monetary Sector credit to private sector in Malawi, 1980–2024

2.557.51012.51980200220241980: 12.6 % GDP1981: 11.9 % GDP1982: 12.1 % GDP1983: 12.2 % GDP1984: 9.2 % GDP1985: 7.5 % GDP1986: 7.4 % GDP1987: 5.4 % GDP1988: 5.1 % GDP1989: 6 % GDP1990: 6.9 % GDP1991: 7.3 % GDP1992: 9.4 % GDP1993: 5.8 % GDP1994: 7.8 % GDP1995: 4 % GDP1996: 2.8 % GDP1997: 2.5 % GDP1998: 4.4 % GDP1999: 3.3 % GDP2000: 3.9 % GDP2001: 3.6 % GDP2002: 1.9 % GDP2003: 2.2 % GDP2004: 2.5 % GDP2005: 2.8 % GDP2006: 3.5 % GDP2007: 3.8 % GDP2008: 6.3 % GDP2009: 7.5 % GDP2010: 9.5 % GDP2011: 9.6 % GDP2012: 10 % GDP2013: 8.6 % GDP2014: 7.8 % GDP2015: 9.2 % GDP2016: 8 % GDP2017: 7.5 % GDP2018: 6.8 % GDP2019: 7.2 % GDP2020: 7.9 % GDP2021: 8.2 % GDP2022: 8.6 % GDP2023: 7.7 % GDP2024: 7.9 % GDP

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.

Analysis

In 2024, monetary sector credit to private sector in Malawi stood at 7.9%.

That represents a change of up 2.1% on the previous year and up 0.9% over ten years.

Over the whole period, monetary sector credit to private sector in Malawi peaked at 12.6% in 1980 and was at its lowest, 1.9%, in 2002.

That places Malawi 174th out of 186 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.9% 5.1% 12.6% 10
1990s 5.4% 2.5% 9.4% 10
2000s 3.8% 1.9% 7.5% 10
2010s 8.4% 6.8% 10.0% 10
2020s 8.1% 7.7% 8.6% 5

Countries ranked near Malawi

  1. 171 Gambia 9.4% compare
  2. 172 Ghana 8.9% compare
  3. 173 Chad 8.3% compare
  4. 175 Sao Tome and Principe 7.8% compare
  5. 176 Zimbabwe 6.5% compare
  6. 177 Equatorial Guinea 5.8% compare

See the full ranking of 233 places →

More financial sector data for Malawi

All data for Malawi →

Frequently asked questions

What is monetary sector credit to private sector in Malawi?
Monetary sector credit to private sector in Malawi was 7.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest monetary sector credit to private sector recorded in Malawi?
The highest recorded value was 12.6% in 1980.
What is the lowest monetary sector credit to private sector recorded in Malawi?
The lowest recorded value was 1.9% in 2002.
How does Malawi rank for monetary sector credit to private sector?
Malawi ranks 174th out of 186 countries with data for 2024.
Is monetary sector credit to private sector rising or falling in Malawi?
Over the last ten years it is up 0.9%. The long-run trend across the full record is falling.
Where does this Malawi data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
233 places, 11,517 data points, 1960–2025
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.