Bank Deposits Statistics in Malawi (2026)
As of 2021, outstanding bank deposits in Malawi was 18.2% of GDP, per IMF Financial Access Survey data. Up from 16.2% of GDP in 2020 to 18.2% of GDP in 2021 (+2 percentage points). Malawi ranks #32 of 40 economies in Sub-Saharan Africa on this measure, and #162 of 172 globally.
Key Statistics
- Latest value (2021)
- 18.2% of GDP (2021)
- Bank Deposits in Malawi as of 2021, the most recent observation in IMF Financial Access Survey data.
- Change since 2020
- +2 pp (2021)
- Up from 16.2% of GDP in 2020 to 18.2% of GDP in 2021 (+2 percentage points).
- Earliest value in this dataset (2004)
- 7.9% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 7.9% of GDP in 2004 to 18.2% of GDP in 2021.
- Record high (2021)
- 18.2% of GDP (2021)
- The 2021 value is the highest in the available IMF Financial Access Survey series for Malawi.
- Rank in Sub-Saharan Africa
- #32 of 40 (2021)
- Malawi ranks 32 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #162 of 172 (2021)
- Malawi ranks 162 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2021)
- Malawi (18.2% of GDP) is below the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in Malawi (2024)
- 19% (2024)
- 19% of the population in Malawi used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 21.7 million (2024)
- Malawi had a population of 21.7 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2021
| Year | % of GDP | Change |
|---|---|---|
| 2021 | 18.2% | +2.0 pp |
| 2020 | 16.2% | +1.8 pp |
| 2019 | 14.3% | −0.7 pp |
| 2018 | 15% | −0.2 pp |
| 2017 | 15.2% | +0.7 pp |
| 2016 | 14.6% | −1.1 pp |
| 2015 | 15.7% | −1.1 pp |
| 2013 | 16.8% | +0.4 pp |
| 2012 | 16.4% | −0.5 pp |
| 2011 | 16.9% | +4.5 pp |
| 2010 | 12.4% | −1.3 pp |
| 2009 | 13.7% | +1.0 pp |
| 2008 | 12.6% | +3.5 pp |
| 2007 | 9.2% | +2.7 pp |
| 2006 | 6.4% | −0.6 pp |
| 2005 | 7.1% | −0.8 pp |
| 2004 | 7.9% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Malawi?
Outstanding bank deposits in Malawi stood at 18.2% of GDP in 2021, according to IMF Financial Access Survey data.
How recent is the bank deposits data for Malawi?
The most recent observation is from 2021. IMF Financial Access Survey data is reported with a lag, so 2021 is the latest available year for Malawi.
Where does the bank deposits data for Malawi come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Malawi is from 2021; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .