Lending interest rate — all countries

Lending interest rate — Malawi

Lending interest rate in Malawi in 2024 — 37.06%. Ranked 84 in the world out of 88. Since 1979, the indicator has risen by 20.56 pp.

2024 37.06% +3.52 pp vs 2023
World rank 84of 88
Period maximum 56.17%2001
Period minimum 16.5%1979

Trend over time

1979–2024 · % per annum

Lending interest rate — Malawi, 1979–2024020406019791984198919941999200420092014201920241979: 16.5%1980: 16.67%1981: 18.5%1982: 18.5%1983: 18.33%1984: 16.5%1985: 18.38%1986: 19%1987: 19.5%1988: 22.25%1989: 23%1990: 21%1991: 20%1992: 22%1993: 29.5%1994: 31%1995: 47.33%1996: 45.33%1997: 28.25%1998: 37.67%1999: 53.58%2000: 53.13%2001: 56.17%2002: 50.54%2003: 48.92%2004: 36.83%2005: 33.08%2006: 32.25%2007: 27.72%2008: 25.28%2009: 25.25%2010: 24.63%2011: 23.75%2012: 32.33%2013: 46.01%2014: 44.29%2015: 44.39%2016: 44.11%2017: 38.59%2018: 32.29%2019: 25.67%2020: 24.22%2021: 23.88%2022: 25.35%2023: 33.55%2024: 37.06%
Change over the period: +20.56 pp Annual average: 0.46 pp
Lending interest rate — Malawi, by year Malawi All countries CSV XLSX
Year % Change, pp
2024 37.06 +3.52 pp
2023 33.55 +8.2 pp
2022 25.35 +1.47 pp
2021 23.88 −0.34 pp
2020 24.22 −1.46 pp
2019 25.67 −6.62 pp
2018 32.29 −6.3 pp
2017 38.59 −5.52 pp
2016 44.11 −0.28 pp
2015 44.39 +0.1 pp
2014 44.29 −1.72 pp
2013 46.01 +13.68 pp
2012 32.33 +8.58 pp
2011 23.75 −0.88 pp
2010 24.63 −0.63 pp
2009 25.25 −0.03 pp
2008 25.28 −2.44 pp
2007 27.72 −4.53 pp
2006 32.25 −0.83 pp
2005 33.08 −3.75 pp
2004 36.83 −12.08 pp
2003 48.92 −1.63 pp
2002 50.54 −5.63 pp
2001 56.17 +3.04 pp
2000 53.13 −0.46 pp
1999 53.58 +15.92 pp
1998 37.67 +9.42 pp
1997 28.25 −17.08 pp
1996 45.33 −2 pp
1995 47.33 +16.33 pp
1994 31 +1.5 pp
1993 29.5 +7.5 pp
1992 22 +2 pp
1991 20 −1 pp
1990 21 −2 pp
1989 23 +0.75 pp
1988 22.25 +2.75 pp
1987 19.5 +0.5 pp
1986 19 +0.63 pp
1985 18.38 +1.88 pp
1984 16.5 −1.83 pp
1983 18.33 −0.17 pp
1982 18.5 +0 pp
1981 18.5 +1.83 pp
1980 16.67 +0.17 pp
1979 16.5

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

Source: World Economic Outlook (IMF), license IMF open data.