Saved at a bank or similar financial institution in Malawi
Malawi: Saved at a bank or similar financial institution was 5.4% in 2024. ▼ Falling
Saved at a bank or similar financial institution in Malawi, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
Malawi recorded 5.4% for saved at a bank or similar financial institution in 2024. That is the lowest value across all 5 years on record.
The figure is down 19.5% on the previous year and down 23.1% over ten years.
Over the whole period, saved at a bank or similar financial institution in Malawi peaked at 8.7% in 2017 and was at its lowest, 5.4%, in 2024.
Malawi ranks 75th of 80 countries on this measure, in the bottom quarter.
Saved at a bank or similar financial institution in Malawi, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 8.2% | — |
| 2014 | 7.1% | -14.4% |
| 2017 | 8.7% | +23.3% |
| 2021 | 6.7% | -22.5% |
| 2024 | 5.4% | -19.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.0% | 7.1% | 8.7% | 3 |
| 2020s | 6.1% | 5.4% | 6.7% | 2 |
Countries ranked near Malawi
More reference data data for Malawi
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1596 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.09 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.71 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3426 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.71 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.5353 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.92 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16.7 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.87 (2050)
Frequently asked questions
- What is saved at a bank or similar financial institution in Malawi?
- Saved at a bank or similar financial institution in Malawi was 5.4% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in Malawi?
- The highest recorded value was 8.7% in 2017.
- What is the lowest saved at a bank or similar financial institution recorded in Malawi?
- The lowest recorded value was 5.4% in 2024.
- How does Malawi rank for saved at a bank or similar financial institution?
- Malawi ranks 75th out of 80 countries with data for 2024.
- Is saved at a bank or similar financial institution rising or falling in Malawi?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
- Where does this Malawi data come from?
- The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)