Financial Sector Overview

At a Glance

Source
Population in thousands (2017): 18,622.1
GDP per capita (current US$) 2017 - World Average 10,721.61: 338.48
Account (%) age 15+) - (2014 vs 2017): 18% | 34%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 1.00 | 0.88
Financial Inclusion Strategies: • The Malawi National Strategy for Financial Inclusion (2010–2014)• SADC Financial Inclusion Strategy 2016-2021
Domestic credit provided by financial sector (% of GDP) 2017: n/a
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 11% | 28%
Remittances % of GDP for 2017: 0.006
Mortgage Interest Rate / Mortgage Term (years): 35.5% | 10

Donor Projects Database

Projects

Latest News & Events

Jan 31, 2019 | Nyasa Times; All Africa
Reserve Bank of Malawi (RBM) officially launched its 2019 to 2021 Strategic Plan to guide its operations for the next three years and has also…
Nov 12, 2018 | Malawi News Agency; All Africa
Minister of Finance, Economic Planning and Development, Goodall Gondwe on Wednesday disclosed that plans are at an advanced stage for the government…

Latest Publications

Sep 30, 2018 | X Gine, j. Goldberg | The World Bank
Jul 31, 2018 | FinMark Trust | FinMark Trust
Jun 14, 2017 | S. Truen, W. Jitsing, K. Kgaphola et al. | FinMark Trust
May 31, 2017 | A.B. Fanta, K. Mutsonziwa, B. Berkowitz et al. | FinMark Trust
Apr 30, 2017 | A.B. Fanta, K. Mutsonziwa, B. Berkowitz et al. | FinMark Trust