Owns a debit card in Malawi

Malawi: Owns a debit card was 4.2% in 2024. ▼ Falling

Latest (2024)
4.2%
Change on year
down 46.5%
World rank
113th
of 116 countries
All-time high
11.7%
in 2014
All-time low
4.2%
in 2024
Years of data
5
2011–2024

Owns a debit card in Malawi, 2011–2024

02.557.51012.52011201720242011: 9.4 % age 15+2014: 11.7 % age 15+2017: 11.2 % age 15+2021: 7.9 % age 15+2024: 4.2 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Malawi recorded 4.2% for owns a debit card in 2024. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 46.5% on the previous year and down 64.0% over ten years.

Over the whole period, owns a debit card in Malawi peaked at 11.7% in 2014 and was at its lowest, 4.2%, in 2024.

Malawi ranks 113th of 116 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.7% 9.4% 11.7% 3
2020s 6.1% 4.2% 7.9% 2

Countries ranked near Malawi

  1. 110 Democratic Republic of Congo 5.3% compare
  2. 111 Chad 5.1% compare
  3. 112 Benin 4.8% compare
  4. 114 Sierra Leone 3.5% compare
  5. 115 Madagascar 2.5% compare
  6. 116 Niger 1.8% compare

See the full ranking of 127 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is owns a debit card in Malawi?
Owns a debit card in Malawi was 4.2% in 2024, according to Global Findex Database.
What is the highest owns a debit card recorded in Malawi?
The highest recorded value was 11.7% in 2014.
What is the lowest owns a debit card recorded in Malawi?
The lowest recorded value was 4.2% in 2024.
How does Malawi rank for owns a debit card?
Malawi ranks 113th out of 116 countries with data for 2024.
Is owns a debit card rising or falling in Malawi?
Over the last ten years it is down 64.0%. The long-run trend across the full record is falling.
Where does this Malawi data come from?
The figures come from Global Findex Database, published as part of Owns a debit card (% 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

Indicator
Owns a debit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an ATM or debit card, (% age 15+)