Bank branches — all countries

Bank branches — Malawi

Bank branches in Malawi in 2024 — 1.71 per 100k. Ranked 151 in the world out of 153. Since 2004, the indicator has risen by 74.3%.

2024 1.71 per 100k +0.59% vs 2023
World rank 151of 153
Period maximum 3.32 per 100k2015
Period minimum 0.93 per 100k2006

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Malawi, 2004–202401234200420062008201020122014201620182020202220242004: 0.98 per 100k2005: 0.94 per 100k2006: 0.93 per 100k2007: 1.94 per 100k2008: 2.18 per 100k2009: 2.29 per 100k2010: 2.88 per 100k2011: 1.07 per 100k2012: 3.3 per 100k2013: 3.29 per 100k2014: 3.27 per 100k2015: 3.32 per 100k2016: 2.95 per 100k2017: 2.18 per 100k2018: 2.25 per 100k2019: 2.23 per 100k2020: 2.03 per 100k2021: 1.96 per 100k2022: 1.89 per 100k2023: 1.7 per 100k2024: 1.71 per 100k
Change over the period: +0.73 (+74.33%) Average annual rate: 2.82 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Malawi

Malawi 1.71 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Eastern Africa computed 3.14 per 100k
Bank branches — Malawi, by year Malawi All countries CSV XLSX
Year per 100k Change Change, %
2024 1.71 +0.01 +0.59%
2023 1.7 −0.2 −10.39%
2022 1.89 −0.07 −3.55%
2021 1.96 −0.07 −3.55%
2020 2.03 −0.2 −8.79%
2019 2.23 −0.02 −1.01%
2018 2.25 +0.07 +3.2%
2017 2.18 −0.77 −26.12%
2016 2.95 −0.37 −11.13%
2015 3.32 +0.06 +1.68%
2014 3.27 −0.02 −0.48%
2013 3.29 −0.01 −0.31%
2012 3.3 +2.22 +207.58%
2011 1.07 −1.81 −62.86%
2010 2.88 +0.6 +26.22%
2009 2.29 +0.11 +4.92%
2008 2.18 +0.24 +12.31%
2007 1.94 +1.01 +109.24%
2006 0.93 −0.01 −1.19%
2005 0.94 −0.04 −4.11%
2004 0.98

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.