Malawi vs Nicaragua: Saved at a bank or similar financial institution
Malawi
5.4%
in 2024
Nicaragua
6.7%
in 2024
Malawi rank
75th
Nicaragua rank
73rd
Saved at a bank or similar financial institution over time
- Malawi
- Nicaragua
How they compare
Nicaragua currently reports 6.7% against 5.4% in Malawi, a difference of 1.3%.
That makes Nicaragua's figure about 1.2 times Malawi's.
The two have swapped places 3 times across 5 shared years of data; in 2011 it was Malawi ahead.
Malawi ranks 75th and Nicaragua ranks 73rd of 80 countries.
Across the 2 decades both report, Malawi averaged higher in 1 and Nicaragua in 1.
Head to head by decade
| Decade | Malawi | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.0% | 7.6% | 0.4% | Malawi |
| 2020s | 6.1% | 6.4% | 0.3% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a bank or similar financial institution, Malawi or Nicaragua?
- Nicaragua, at 6.7% against 5.4% in Malawi as of 2024.
- What is the difference in saved at a bank or similar financial institution between Malawi and Nicaragua?
- 1.3%, with Nicaragua ahead.
- How many years of comparable data are there for Malawi and Nicaragua?
- 5 years are reported by both, from 2011 to 2024.
- How do Malawi and Nicaragua rank globally for saved at a bank or similar financial institution?
- Malawi ranks 75th and Nicaragua ranks 73rd of 80 countries.
- Where does this data come from?
- Global Findex Database, published as Saved at a bank or similar financial institution (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)