Proportion of adults (15 years and older) with an account at a in Malawi

Malawi: Proportion of adults (15 years and older) with an account at a was 50.4% in 2024. ▲ Rising

Latest (2024)
50.4%
Change on year
up 17.9%
World rank
99th
of 122 countries
All-time high
50.4%
in 2024
All-time low
16.5%
in 2011
Years of data
5
2011–2024

Proportion of adults (15 years and older) with an account at a in Malawi, 2011–2024

203040502011201720242011: 16.5 %2014: 18.1 %2017: 33.7 %2021: 42.7 %2024: 50.4 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, proportion of adults (15 years and older) with an account at a in Malawi stood at 50.4%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 17.9% on the previous year and up 178.4% over ten years.

Over the whole period, proportion of adults (15 years and older) with an account at a in Malawi peaked at 50.4% in 2024 and was at its lowest, 16.5%, in 2011.

That places Malawi 99th out of 122 countries with data for 2024, putting it in the bottom quarter.

Proportion of adults (15 years and older) with an account at a in Malawi, year by year

Annual values for Proportion of adults (15 years and older) with an account at a financial institution or mobile-money-service provider, by sex (% of adults aged 15 years and older) in Malawi, 2011 to 2024.
Year % Change
2011 16.5%
2014 18.1% +9.4%
2017 33.7% +86.3%
2021 42.7% +26.7%
2024 50.4% +17.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 22.8% 16.5% 33.7% 3
2020s 46.5% 42.7% 50.4% 2

Countries ranked near Malawi

  1. 96 Mexico 53.0% compare
  2. 97 Benin 51.8% compare
  3. 98 Burkina Faso 51.4% compare
  4. 100 Philippines 50.2% compare
  5. 101 Zimbabwe 49.5% compare
  6. 102 Jordan 46.5% compare

See the full ranking of 160 places →

More science & technology data for Malawi

All data for Malawi →

Frequently asked questions

What is proportion of adults (15 years and older) with an account at a in Malawi?
Proportion of adults (15 years and older) with an account at a in Malawi was 50.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of adults (15 years and older) with an account at a recorded in Malawi?
The highest recorded value was 50.4% in 2024.
What is the lowest proportion of adults (15 years and older) with an account at a recorded in Malawi?
The lowest recorded value was 16.5% in 2011.
How does Malawi rank for proportion of adults (15 years and older) with an account at a?
Malawi ranks 99th out of 122 countries with data for 2024.
Is proportion of adults (15 years and older) with an account at a rising or falling in Malawi?
Over the last ten years it is up 178.4%. The long-run trend across the full record is rising.
Where does this Malawi data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of adults (15 years and older) with an account at a financial institution or mobile-money-service provider, by sex (% of adults aged 15 years and older). Statizoid updates them automatically from the source API.

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Proportion of adults (15 years and older) with an account at a in Malawi. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 09 September 2026, from https://science-tech.statizoid.com/stat/proportion-of-adults-15-years-and-older-with-an-account-at-a-financial-institution-or/malawi/

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About this data

Indicator
Proportion of adults (15 years and older) with an account at a financial institution or mobile-money-service provider, by sex (% of adults aged 15 years and older)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
160 places, 800 data points, 2011–2024
Last refreshed