Bank Depositors Statistics in Malawi (2026)

In 2022, commercial bank depositors in Malawi stood at 181.3 per 1,000 adults, according to World Bank World Development Indicators data. Up from 149.6 per 1,000 adults in 2021 to 181.3 per 1,000 adults in 2022. Malawi ranks #25 of 35 economies in Sub-Saharan Africa on this measure, and #83 of 95 globally.

Latest value (2022)
181.3 per 1,000 adults (2022)
Bank Depositors in Malawi as of 2022, the most recent observation in World Bank World Development Indicators data.
Change since 2021
+21.1% (2022)
Up from 149.6 per 1,000 adults in 2021 to 181.3 per 1,000 adults in 2022.
CAGR 2007–2022
+2.5% per year (2022)
Compound annual growth rate from 126 per 1,000 adults in 2007 to 181.3 per 1,000 adults in 2022.
Earliest value in this dataset (2007)
126 per 1,000 adults (2007)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 126 per 1,000 adults in 2007 to 181.3 per 1,000 adults in 2022.
Peak value (2013)
247.4 per 1,000 adults (2013)
Highest value in the available series; the 2022 value is 181.3 per 1,000 adults.
Rank in Sub-Saharan Africa
#25 of 35 (2022)
Malawi ranks 25 of 35 countries in Sub-Saharan Africa with data, based on each country's latest value.
Global rank
#83 of 95 (2022)
Malawi ranks 83 of 95 countries with data globally.
Sub-Saharan Africa average
534.5 per 1,000 adults (2022)
Malawi (181.3 per 1,000 adults) is below the average of 534.5 per 1,000 adults across the 35 countries in Sub-Saharan Africa with data.
Projected 2026 value
245.3 per 1,000 adults (2026)
Projection based on 7-year trend (CAGR 7.9%); not an official figure.
Number of depositors with commercial banks per 1,000 adults (2024)
188 per 1,000 adults (2024)
Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
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.
Bank Depositors in Malawi by year (per 1,000 adults)
Year per 1,000 adults Change
2022 181+21.1%
2021 150−3.1%
2020 154−0.8%
2019 156+7.0%
2018 146+12.8%
2017 129+9.9%
2016 117+9.9%
2015 107−56.8%
2013 247+16.6%
2012 212+11.1%
2011 191+1.4%
2010 188+15.4%
2009 163+29.5%
2007 126
Bank Depositors in Malawi, 2007–2022Line chart of 14 observations from 2007 to 2022. Values range from 107 to 247; the series starts at 126 in 2007 and ends at 181 in 2022.1001502002502007201020152022126181
Fig. 1 — Bank Depositors in Malawi, 2007–2022

Frequently asked questions

What is the latest figure for commercial bank depositors in Malawi?

Commercial bank depositors in Malawi stood at 181.3 per 1,000 adults in 2022, according to World Bank World Development Indicators data.

Where does the bank depositors data for Malawi come from?

The data comes from the World Bank World Development Indicators (indicator FB.CBK.DPTR.P3). The latest observation for Malawi is from 2022; the snapshot was retrieved on 2026-06-10.

How has bank depositors in Malawi changed over time?

World Bank World Development Indicators data show a rise from 126 per 1,000 adults in 2007 to 181.3 per 1,000 adults in 2022.

How does Malawi compare with other countries in Sub-Saharan Africa?

Malawi ranks 25 of 35 countries in Sub-Saharan Africa with data, with 181.3 per 1,000 adults versus a regional average of 534.5 per 1,000 adults (latest values per country).

Source: World Bank, World Development Indicators, indicator FB.CBK.DPTR.P3, 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 .