Wealth share of the richest 1% in Malawi

Malawi: Wealth share of the richest 1% was 26.6% in 2024. ▼ Falling

Latest (2024)
26.6%
Change on year
up 0.0%
World rank
119th
of 215 countries
All-time high
40.5%
in 1984
All-time low
26.6%
in 2022
Years of data
45
1980–2024

Wealth share of the richest 1% in Malawi, 1980–2024

0102030401980200220241980: 40.5 %1981: 40.5 %1982: 40.5 %1983: 40.5 %1984: 40.5 %1985: 40.5 %1986: 40.5 %1987: 40.5 %1988: 40.5 %1989: 40.5 %1990: 40.5 %1991: 40.5 %1992: 40.5 %1993: 40.5 %1994: 40.5 %1995: 40.5 %1996: 40.5 %1997: 40.5 %1998: 40.5 %1999: 40.4 %2000: 40.4 %2001: 39.8 %2002: 38.9 %2003: 33.7 %2004: 29.5 %2005: 30 %2006: 30.8 %2007: 31.3 %2008: 31.9 %2009: 32.9 %2010: 34 %2011: 35.9 %2012: 37.4 %2013: 37.8 %2014: 38 %2015: 38.2 %2016: 38.5 %2017: 33.3 %2018: 30 %2019: 26.6 %2020: 26.6 %2021: 26.6 %2022: 26.6 %2023: 26.6 %2024: 26.6 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Malawi recorded 26.6% for wealth share of the richest 1% in 2024.

The figure is down 29.9% over ten years.

Over the whole period, wealth share of the richest 1% in Malawi peaked at 40.5% in 1984 and was at its lowest, 26.6%, in 2022.

Malawi ranks 119th of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 40.5% 40.5% 40.5% 10
1990s 40.5% 40.4% 40.5% 10
2000s 33.9% 29.5% 40.4% 10
2010s 35.0% 26.6% 38.5% 10
2020s 26.6% 26.6% 26.6% 5

Countries ranked near Malawi

  1. 116 Turkmenistan 27.1% compare
  2. 117 Sri Lanka 26.8% compare
  3. 118 Kazakhstan 26.8% compare
  4. 120 Morocco 26.6% compare
  5. 121 Somalia 26.5% compare
  6. 122 Laos 26.4% compare

See the full ranking of 215 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is wealth share of the richest 1% in Malawi?
Wealth share of the richest 1% in Malawi was 26.6% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Malawi?
The highest recorded value was 40.5% in 1984.
What is the lowest wealth share of the richest 1% recorded in Malawi?
The lowest recorded value was 26.6% in 2022.
How does Malawi rank for wealth share of the richest 1%?
Malawi ranks 119th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Malawi?
Over the last ten years it is down 29.9%. The long-run trend across the full record is falling.
Where does this Malawi data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.