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Malawi Private Credit (% GDP)

Malawi's private credit (% GDP) fell to 8.14% in 2023, down from 8.65% in 2022, according to World Bank. This represents a decrease of 0.51% from the previous year. Malawi has the 9th lowest private credit (% GDP). Within Africa, it ranks 45th out of 51 countries.

Yearly Historical Data (1980-2023)

(in %)
Year Private Credit (% GDP)
2023 8.14%
2022 8.65%
2021 8.24%
2020 7.85%
2019 7.22%
2018 6.82%
2017 7.48%
2016 8.01%
2015 9.17%
2014 7.84%
2013 8.56%
2012 10.01%
2011 9.57%
2010 9.5%
2009 7.47%
2008 6.26%
2007 3.76%
2006 3.51%
2005 2.78%
2004 2.53%
2003 2.16%
2002 1.89%
2001 3.58%
2000 3.85%
1999 3.26%
1998 4.39%
1997 2.52%
1996 2.77%
1995 4.03%
1994 7.84%
1993 5.77%
1992 9.37%
1991 7.32%
1990 6.92%
1989 6%
1988 5.07%
1987 5.39%
1986 7.37%
1985 7.51%
1984 9.19%
1983 12.18%
1982 12.08%
1981 11.89%
1980 12.58%
Malawi Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Malawi.