Account, income, poorest 40% in Malawi

Malawi: Account, income, poorest 40% was 38.1% in 2024. ◆ Volatile

Latest (2024)
38.1%
Change on year
up 15.1%
World rank
90th
of 103 countries
All-time high
38.1%
in 2024
All-time low
9.4%
in 2014
Years of data
5
2011–2024

Account, income, poorest 40% in Malawi, 2011–2024

102030402011201720242011: 10.9 % ages 15+2014: 9.4 % ages 15+2017: 21.2 % ages 15+2021: 33.1 % ages 15+2024: 38.1 % ages 15+

Source: Global Findex database. Measured in % ages 15+.

Analysis

The most recent figure for account, income, poorest 40% in Malawi is 38.1%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 15.1% on the previous year and up 307.0% over ten years.

Over the whole period, account, income, poorest 40% in Malawi peaked at 38.1% in 2024 and was at its lowest, 9.4%, in 2014.

That places Malawi 90th out of 103 countries with data for 2024, putting it in the bottom quarter.

Account, income, poorest 40% in Malawi, year by year

Annual values for Account, income, poorest 40% (% ages 15+) in Malawi, 2011 to 2024.
Year % ages 15+ Change
2011 10.9%
2014 9.4% -13.9%
2017 21.2% +126.7%
2021 33.1% +56.1%
2024 38.1% +15.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 13.8% 9.4% 21.2% 3
2020s 35.6% 33.1% 38.1% 2

Countries ranked near Malawi

  1. 87 Mexico 39.6% compare
  2. 88 Burkina Faso 38.5% compare
  3. 89 Zimbabwe 38.2% compare
  4. 91 Jordan 35.7% compare
  5. 92 Bangladesh 35.5% compare
  6. 93 Philippines 34.4% compare

See the full ranking of 115 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is account, income, poorest 40% in Malawi?
Account, income, poorest 40% in Malawi was 38.1% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in Malawi?
The highest recorded value was 38.1% in 2024.
What is the lowest account, income, poorest 40% recorded in Malawi?
The lowest recorded value was 9.4% in 2014.
How does Malawi rank for account, income, poorest 40%?
Malawi ranks 90th out of 103 countries with data for 2024.
Is account, income, poorest 40% rising or falling in Malawi?
Over the last ten years it is up 307.0%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from Global Findex database, published as part of Account, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, poorest 40% in Malawi. Statizoid, drawing on Global Findex database. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/malawi/

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About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), poorest 40% (% ages 15+)