Bank or similar financial institution account, poorest 40% in Malawi

Malawi: Bank or similar financial institution account, poorest 40% was 8.2% in 2024. ▬ Flat

Latest (2024)
8.2%
Change on year
down 43.5%
World rank
101st
of 102 countries
All-time high
14.5%
in 2017
All-time low
8.2%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Malawi, 2011–2024

0510152011201720242011: 10.9 % age 15+2014: 8.5 % age 15+2017: 14.5 % age 15+2021: 14.5 % age 15+2024: 8.2 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

Malawi recorded 8.2% for bank or similar financial institution account, poorest 40% in 2024. That is the lowest value across all 5 years on record.

That represents a change of down 43.5% on the previous year and down 3.2% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Malawi peaked at 14.5% in 2017 and was at its lowest, 8.2%, in 2024.

That places Malawi 101st out of 102 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account, poorest 40% in Malawi, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Malawi, 2011 to 2024.
Year % age 15+ Change
2011 10.9%
2014 8.5% -21.9%
2017 14.5% +71.2%
2021 14.5% -0.0%
2024 8.2% -43.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.3% 8.5% 14.5% 3
2020s 11.4% 8.2% 14.5% 2

Countries ranked near Malawi

  1. 98 Cameroon 13.5% compare
  2. 99 Burkina Faso 12.8% compare
  3. 100 Zimbabwe 11.1% compare
  4. 102 Congo 7.5% compare

See the full ranking of 114 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Malawi?
Bank or similar financial institution account, poorest 40% in Malawi was 8.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Malawi?
The highest recorded value was 14.5% in 2017.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Malawi?
The lowest recorded value was 8.2% in 2024.
How does Malawi rank for bank or similar financial institution account, poorest 40%?
Malawi ranks 101st out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Malawi?
Over the last ten years it is down 3.2%. The long-run trend across the full record is flat.
Where does this Malawi data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Malawi. Statizoid. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/malawi/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed