Total Credit — Value Standard Local Currency in Malawi
Malawi: Total Credit — Value Standard Local Currency was 1.66 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Malawi, 2003–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency in Malawi stood at 1.66 million million SLC. That is the highest value across all 22 years on record.
The figure is up 25.1% on the previous year and up 441.1% over ten years.
Over the whole period, total credit — value standard local currency in Malawi peaked at 1.66 million million SLC in 2024 and was at its lowest, 10,620 million SLC, in 2003.
That places Malawi 58th out of 165 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Malawi, year by year
| Year | million SLC | Change |
|---|---|---|
| 2003 | 10,620 million SLC | — |
| 2004 | 14,750 million SLC | +38.9% |
| 2005 | 18,131 million SLC | +22.9% |
| 2006 | 30,122 million SLC | +66.1% |
| 2007 | 37,548 million SLC | +24.7% |
| 2008 | 64,360 million SLC | +71.4% |
| 2009 | 101,984 million SLC | +58.5% |
| 2010 | 128,097 million SLC | +25.6% |
| 2011 | 158,080 million SLC | +23.4% |
| 2012 | 297,690 million SLC | +88.3% |
| 2013 | 259,935 million SLC | -12.7% |
| 2014 | 307,105 million SLC | +18.1% |
| 2015 | 357,718 million SLC | +16.5% |
| 2016 | 419,955 million SLC | +17.4% |
| 2017 | 440,199 million SLC | +4.8% |
| 2018 | 485,590 million SLC | +10.3% |
| 2019 | 580,748 million SLC | +19.6% |
| 2020 | 675,595 million SLC | +16.3% |
| 2021 | 796,658 million SLC | +17.9% |
| 2022 | 981,504 million SLC | +23.2% |
| 2023 | 1.33 million million SLC | +35.4% |
| 2024 | 1.66 million million SLC | +25.1% |
Malawi compared with similar countries
- Malawi's 1.66 million million SLC is above the median for low income countries, which is 673,676 million SLC, 2.5× the median. (21 countries reporting)
- Malawi's 1.66 million million SLC is above the median for Sub-Saharan Africa, which is 494,292 million SLC, 3.4× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +88.3% | 158,080 million SLC | 297,690 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39,645 million SLC | 10,620 million SLC | 101,984 million SLC | 7 |
| 2010s | 343,512 million SLC | 128,097 million SLC | 580,748 million SLC | 10 |
| 2020s | 1.09 million million SLC | 675,595 million SLC | 1.66 million 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 in Malawi?
- Total credit — value standard local currency in Malawi was 1.66 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Malawi?
- The highest recorded value was 1.66 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Malawi?
- The lowest recorded value was 10,620 million SLC in 2003.
- How does Malawi rank for total credit — value standard local currency?
- Malawi ranks 58th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Malawi?
- Over the last ten years it is up 441.1%. The long-run trend across the full record is volatile.
- 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. 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.