Malawi vs Sierra Leone: Saved at a bank or similar financial institution
Malawi
5.4%
in 2024
Sierra Leone
6.2%
in 2024
Malawi rank
75th
Sierra Leone rank
74th
Saved at a bank or similar financial institution over time
- Malawi
- Sierra Leone
How they compare
Sierra Leone currently reports 6.2% against 5.4% in Malawi, a difference of 0.8%.
That makes Sierra Leone's figure about 1.1 times Malawi's.
The two have swapped places 2 times across 5 shared years of data; in 2011 it was Sierra Leone ahead.
Malawi ranks 75th and Sierra Leone ranks 74th of 80 countries.
Across the 2 decades both report, Malawi averaged higher in 1 and Sierra Leone in 1.
Head to head by decade
| Decade | Malawi | Sierra Leone | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.0% | 10.2% | 2.2% | Sierra Leone |
| 2020s | 6.1% | 5.5% | 0.5% | Malawi |
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 Sierra Leone?
- Sierra Leone, at 6.2% against 5.4% in Malawi as of 2024.
- What is the difference in saved at a bank or similar financial institution between Malawi and Sierra Leone?
- 0.8%, with Sierra Leone ahead.
- How many years of comparable data are there for Malawi and Sierra Leone?
- 5 years are reported by both, from 2011 to 2024.
- How do Malawi and Sierra Leone rank globally for saved at a bank or similar financial institution?
- Malawi ranks 75th and Sierra Leone ranks 74th 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+)