Fiatmap

Cost of moneyMalawi

Lending rate in Malawi

What do banks charge for credit there?

Malawi's lending rate is 37.06 % — #63 of 67 countries on the atlas (lower is better). Period 2024.

37.06%

Checked 22 Sept 2026Period 2024

Source: IMF International Financial Statistics

Lending rate in Malawi over time

56.17 %36.33 %16.50 %56.17 % · 200116.50 % · 19791979: 16.50 %1980: 16.67 %1981: 18.50 %1982: 18.50 %1983: 18.33 %1984: 16.50 %1985: 18.38 %1986: 19.00 %1987: 19.50 %1988: 22.25 %1989: 23.00 %1990: 21.00 %1991: 20.00 %1992: 22.00 %1993: 29.50 %1994: 31.00 %1995: 47.33 %1996: 45.33 %1997: 28.25 %1998: 37.67 %1999: 53.58 %2000: 53.13 %2001: 56.17 %2002: 50.54 %2003: 48.92 %2004: 36.83 %2005: 33.08 %2006: 32.25 %2007: 27.72 %2008: 25.28 %2009: 25.25 %2010: 24.63 %2011: 23.75 %2012: 32.33 %2013: 46.01 %2014: 44.29 %2015: 44.39 %2016: 44.11 %2017: 38.59 %2018: 32.29 %2019: 25.67 %2020: 24.22 %2021: 23.88 %2022: 25.35 %2023: 33.55 %2024: 37.06 %19792001202437.06 %
46 official observations, 1979 → 2024. Every point is a published value — never interpolated.
Rank
#63 of 67
lower is better
Ranked behind
6 %
4 of 67 countries
Latest move
▲ 3.51 pp
since 2023
Below its peak
19.11 pp
peak 56.17 % in 2001
Full series
▲ 20.56 pp
since 1979

In Africa: #12 of 14vs median 8.79 %: +28.27 pp (worse)

Among 67 countries

10 of 67 countries between 2.96 % and 4.75 %9 of 67 countries between 4.75 % and 6.55 %9 of 67 countries between 6.55 % and 8.34 %10 of 67 countries between 8.34 % and 10.14 %4 of 67 countries between 10.14 % and 11.93 %3 of 67 countries between 11.93 % and 13.73 %5 of 67 countries between 13.73 % and 15.52 %5 of 67 countries between 15.52 % and 17.31 %3 of 67 countries between 17.31 % and 19.11 %3 of 67 countries between 19.11 % and 20.90 %1 of 67 countries between 22.70 % and 24.49 %1 of 67 countries between 37.05 % and 38.84 %4 of 67 countries between 44.23 % and 46.02 %median 8.79 %Malawi: ahead of 6 % of the 67 countries with a published lending rateMalawi 37.06 %2.96 %46.02 %
Half of all 67 countries sit between 5.88 % and 15.34 %. Malawi is ahead of 6 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryLending ratevs Malawi
61 Kyrgyzstan19.78 %−17.28 pp
62 Egypt24.29 %−12.77 pp
63 Malawi37.06 %—
64 Brazil45.33 %+8.27 pp
65 Argentina46.02 %+8.96 pp

Bank lending rate, IMF-harmonised — the price of credit, ~150 economies.

How to read this figure

The IMF-harmonised bank lending rate — what banks charge their customers for credit, averaged nationally. Harmonisation is what makes ~150 economies comparable; the trade-off is that the underlying loan mix (business vs consumer, maturities) differs by country, so treat close values as similar, not identical.

Next, about Malawi

Inflation rate
Lending rate, all countries ranked →Compare Malawi with another country →Everything about Malawi →
Did this answer your question?