Total Credit — Value Standard Local Currency in Malawi

Malawi: Total Credit — Value Standard Local Currency was 1.66 million million SLC in 2024. ◆ Volatile

Latest (2024)
1.66 million million SLC
Change on year
up 25.1%
World rank
64th
of 174 countries
All-time high
1.66 million million SLC
in 2024
All-time low
10,620 million SLC
in 2003
Years of data
22
2003–2024

Total Credit — Value Standard Local Currency in Malawi, 2003–2024

0500.0k1.0M1.5M2003201320242003: 10.6k million SLC2004: 14.7k million SLC2005: 18.1k million SLC2006: 30.1k million SLC2007: 37.5k million SLC2008: 64.4k million SLC2009: 102.0k million SLC2010: 128.1k million SLC2011: 158.1k million SLC2012: 297.7k million SLC2013: 259.9k million SLC2014: 307.1k million SLC2015: 357.7k million SLC2016: 420.0k million SLC2017: 440.2k million SLC2018: 485.6k million SLC2019: 580.7k million SLC2020: 675.6k million SLC2021: 796.7k million SLC2022: 981.5k million SLC2023: 1.3M million SLC2024: 1.7M million SLC

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 64th out of 174 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 61 United Arab Emirates 1.85 million million SLC compare
  2. 62 Serbia 1.79 million million SLC compare
  3. 63 Niger 1.76 million million SLC compare
  4. 65 Israel 1.60 million million SLC compare
  5. 66 Austria 1.50 million million SLC compare
  6. 67 Switzerland 1.39 million million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Malawi

All data for Malawi →

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 64th out of 174 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

Indicator
Total Credit — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

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.