Account, out of labor force in Malawi

Malawi: Account, out of labor force was 37.3% in 2024. β–² Rising

Latest (2024)
37.3%
Change on year
up 26.5%
World rank
85th
of 98 countries
All-time high
37.3%
in 2024
All-time low
10.2%
in 2011
Years of data
5
2011–2024

Account, out of labor force in Malawi, 2011–2024

102030402011201720242011: 10.2 % age 15+2014: 13.9 % age 15+2017: 21.6 % age 15+2021: 29.5 % age 15+2024: 37.3 % age 15+

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

Analysis

The most recent figure for account, out of labor force in Malawi is 37.3%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 26.5% on the previous year and up 168.0% over ten years.

Over the whole period, account, out of labor force in Malawi peaked at 37.3% in 2024 and was at its lowest, 10.2%, in 2011.

That places Malawi 85th out of 98 countries with data for 2024, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.2% 10.2% 21.6% 3
2020s 33.4% 29.5% 37.3% 2

Countries ranked near Malawi

  1. 82 Zimbabwe 40.3% compare
  2. 83 Jordan 38.9% compare
  3. 84 Benin 38.3% compare
  4. 86 Bangladesh 34.7% compare
  5. 87 Sierra Leone 32.0% compare
  6. 88 Palestine 31.2% compare

See the full ranking of 110 places β†’

More reference data data for Malawi

All data for Malawi β†’

Frequently asked questions

What is account, out of labor force in Malawi?
Account, out of labor force in Malawi was 37.3% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in Malawi?
The highest recorded value was 37.3% in 2024.
What is the lowest account, out of labor force recorded in Malawi?
The lowest recorded value was 10.2% in 2011.
How does Malawi rank for account, out of labor force?
Malawi ranks 85th out of 98 countries with data for 2024.
Is account, out of labor force rising or falling in Malawi?
Over the last ten years it is up 168.0%. The long-run trend across the full record is rising.
Where does this Malawi data come from?
The figures come from Global Findex database, published as part of Account, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, out of labor force in Malawi. Statizoid, drawing on Global Findex database. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/account-out-of-labor-force-percent-age-15/malawi/

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 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"), out of labor force (% age 15+)