Bank or similar financial institution account, men in Malawi

Malawi: Bank or similar financial institution account, men was 15.6% in 2024. ▬ Flat

Latest (2024)
15.6%
Change on year
down 34.6%
World rank
103rd
of 103 countries
All-time high
28.8%
in 2017
All-time low
15.6%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, men in Malawi, 2011–2024

01020302011201720242011: 16.2 % age 15+2014: 19.5 % age 15+2017: 28.8 % age 15+2021: 23.9 % age 15+2024: 15.6 % age 15+

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

Analysis

Malawi recorded 15.6% for bank or similar financial institution account, men in 2024. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 34.6% on the previous year and down 19.8% over ten years.

Over the whole period, bank or similar financial institution account, men in Malawi peaked at 28.8% in 2017 and was at its lowest, 15.6%, in 2024.

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

Bank or similar financial institution account, men in Malawi, year by year

Annual values for Bank or similar financial institution account, men (% age 15+) in Malawi, 2011 to 2024.
Year % age 15+ Change
2011 16.2%
2014 19.5% +20.5%
2017 28.8% +47.7%
2021 23.9% -16.9%
2024 15.6% -34.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 21.5% 16.2% 28.8% 3
2020s 19.8% 15.6% 23.9% 2

Countries ranked near Malawi

  1. 100 Benin 19.9% compare
  2. 101 Congo 18.4% compare
  3. 102 Sierra Leone 16.9% compare

See the full ranking of 115 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is bank or similar financial institution account, men in Malawi?
Bank or similar financial institution account, men in Malawi was 15.6% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account, men recorded in Malawi?
The highest recorded value was 28.8% in 2017.
What is the lowest bank or similar financial institution account, men recorded in Malawi?
The lowest recorded value was 15.6% in 2024.
How does Malawi rank for bank or similar financial institution account, men?
Malawi ranks 103rd out of 103 countries with data for 2024.
Is bank or similar financial institution account, men rising or falling in Malawi?
Over the last ten years it is down 19.8%. The long-run trend across the full record is flat.
Where does this Malawi data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account, men (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, men in Malawi. Statizoid, drawing on Global Findex Database. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-men-percent-age-15/malawi/

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About this data

Indicator
Bank or similar financial institution account, men (% age 15+)
Unit
% age 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 similar financial institution, men (% age 15+)