Total Credit — Value Standard Local Currency, 2015 prices in Malawi
Malawi: Total Credit — Value Standard Local Currency, 2015 prices was 528,691 million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency, 2015 prices in Malawi, 2003–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Malawi recorded 528,691 million SLC for total credit — value standard local currency, 2015 prices in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 40.2% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Malawi peaked at 575,809 million SLC in 2012 and was at its lowest, 57,708 million SLC, in 2003.
Malawi ranks 71st of 165 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Total Credit — Value Standard Local Currency, 2015 prices in Malawi, year by year
| Year | million SLC | Change |
|---|---|---|
| 2003 | 57,708 million SLC | — |
| 2004 | 69,787 million SLC | +20.9% |
| 2005 | 77,465 million SLC | +11.0% |
| 2006 | 107,276 million SLC | +38.5% |
| 2007 | 128,457 million SLC | +19.7% |
| 2008 | 196,654 million SLC | +53.1% |
| 2009 | 288,802 million SLC | +46.9% |
| 2010 | 323,517 million SLC | +12.0% |
| 2011 | 349,980 million SLC | +8.2% |
| 2012 | 575,809 million SLC | +64.5% |
| 2013 | 394,959 million SLC | -31.4% |
| 2014 | 376,996 million SLC | -4.5% |
| 2015 | 357,718 million SLC | -5.1% |
| 2016 | 363,423 million SLC | +1.6% |
| 2017 | 329,661 million SLC | -9.3% |
| 2018 | 342,578 million SLC | +3.9% |
| 2019 | 380,317 million SLC | +11.0% |
| 2020 | 416,529 million SLC | +9.5% |
| 2021 | 454,143 million SLC | +9.0% |
| 2022 | 476,733 million SLC | +5.0% |
| 2023 | 529,281 million SLC | +11.0% |
| 2024 | 528,691 million SLC | -0.1% |
Malawi compared with similar countries
- Malawi's 528,691 million SLC is above the median for low income countries, which is 427,985 million SLC, 1.2× the median. (21 countries reporting)
- Malawi's 528,691 million SLC is above the median for Sub-Saharan Africa, which is 260,329 million SLC, 2.0× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 132,307 million SLC | 57,708 million SLC | 288,802 million SLC | 7 |
| 2010s | 379,496 million SLC | 323,517 million SLC | 575,809 million SLC | 10 |
| 2020s | 481,075 million SLC | 416,529 million SLC | 529,281 million SLC | 5 |
Countries ranked near Malawi
More agriculture & rural data for Malawi
- Agriculture, forestry, and fishing, value added (current US$), annual 24.6 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.3003 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 201.66 current US$ per person (2025)
- Rural population, annual growth rate 2.19 % change on previous year (2025)
- Rural population, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Rural population, per capita 0.8241 units per person (2025)
- Share of GDP from agriculture 30.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 30.0% (2025)
- Agricultural raw materials exports 0.9% (2024)
- Agricultural raw materials imports 2.7% (2024)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Malawi?
- Total credit — value standard local currency, 2015 prices in Malawi was 528,691 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in Malawi?
- The highest recorded value was 575,809 million SLC in 2012.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Malawi?
- The lowest recorded value was 57,708 million SLC in 2003.
- How does Malawi rank for total credit — value standard local currency, 2015 prices?
- Malawi ranks 71st out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Malawi?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
- Where does this Malawi data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.