Share of adults with an account at a financial institution in Malawi
Malawi: Share of adults with an account at a financial institution was 50.4% in 2024. ▲ Rising
Share of adults with an account at a financial institution in Malawi, 2011–2024
Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.
Analysis
In 2024, share of adults with an account at a financial institution in Malawi stood at 50.4%. That is the highest value across all 5 years on record.
That represents a change of up 17.9% on the previous year and up 178.4% over ten years.
Over the whole period, share of adults with an account at a financial institution in Malawi peaked at 50.4% in 2024 and was at its lowest, 16.5%, in 2011.
That places Malawi 92nd out of 115 countries with data for 2024, putting it 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
- Spring temperature anomalies -0.0372 °C (2026)
- Summer temperature anomalies 0.606 °C (2026)
- Temperature anomalies by month 0.3659 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.9529 °C (2025)
- Winter temperature anomalies -0.5269 °C (2025)
- Consumer price index 1,313 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is share of adults with an account at a financial institution in Malawi?
- Share of adults with an account at a financial institution in Malawi was 50.4% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
- What is the highest share of adults with an account at a financial institution recorded in Malawi?
- The highest recorded value was 50.4% in 2024.
- What is the lowest share of adults with an account at a financial institution recorded in Malawi?
- The lowest recorded value was 16.5% in 2011.
- How does Malawi rank for share of adults with an account at a financial institution?
- Malawi ranks 92nd out of 115 countries with data for 2024.
- Is share of adults with an account at a financial institution 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 - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.
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About this data
The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.