Inflation, consumer prices (annual %) (International Financial) in Malawi

Malawi: Inflation, consumer prices (annual %) (International Financial) was 28.4% in 2025. ◆ Volatile

Latest (2025)
28.4%
Change on year
down 11.8%
World rank
10th
of 192 countries
All-time high
83.3%
in 1995
All-time low
7.4%
in 2010
Years of data
45
1981–2025

Inflation, consumer prices in Malawi, 1981–2025

0204060801981200320251981: 11.8 annual %1982: 9.8 annual %1983: 13.5 annual %1984: 20 annual %1985: 10.5 annual %1986: 14 annual %1987: 25.2 annual %1988: 33.9 annual %1989: 12.4 annual %1990: 11.8 annual %1991: 12.6 annual %1992: 23.8 annual %1993: 22.8 annual %1994: 34.6 annual %1995: 83.3 annual %1996: 37.6 annual %1997: 9.1 annual %1998: 29.7 annual %1999: 44.8 annual %2000: 29.6 annual %2001: 22.7 annual %2002: 14.7 annual %2003: 9.6 annual %2004: 11.4 annual %2005: 15.4 annual %2006: 14 annual %2007: 8 annual %2008: 8.7 annual %2009: 8.4 annual %2010: 7.4 annual %2011: 7.6 annual %2012: 21.3 annual %2013: 27.3 annual %2014: 23.8 annual %2015: 21.9 annual %2016: 21.7 annual %2017: 11.5 annual %2018: 12.4 annual %2019: 9.4 annual %2020: 8.6 annual %2021: 9.3 annual %2022: 21 annual %2023: 28.8 annual %2024: 32.2 annual %2025: 28.4 annual %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.

Analysis

Malawi recorded 28.4% for inflation, consumer prices in 2025.

That represents a change of down 11.8% on the previous year and up 29.7% over ten years.

Over the whole period, inflation, consumer prices in Malawi peaked at 83.3% in 1995 and was at its lowest, 7.4%, in 2010.

Malawi ranks 10th of 192 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, consumer prices (annual %) (International Financial) in Malawi, year by year

Annual values for Inflation, consumer prices (annual %) in Malawi, 1981 to 2025.
Year annual % Change
1981 11.8% —
1982 9.8% -16.9%
1983 13.5% +37.5%
1984 20.0% +48.3%
1985 10.5% -47.5%
1986 14.0% +33.5%
1987 25.2% +79.1%
1988 33.9% +34.8%
1989 12.4% -63.3%
1990 11.8% -5.0%
1991 12.6% +6.7%
1992 23.8% +88.3%
1993 22.8% -4.1%
1994 34.6% +52.2%
1995 83.3% +140.5%
1996 37.6% -54.9%
1997 9.1% -75.7%
1998 29.7% +225.6%
1999 44.8% +50.6%
2000 29.6% -34.0%
2001 22.7% -23.3%
2002 14.7% -35.0%
2003 9.6% -35.0%
2004 11.4% +19.3%
2005 15.4% +34.8%
2006 14.0% -9.3%
2007 8.0% -43.1%
2008 8.7% +9.6%
2009 8.4% -3.3%
2010 7.4% -12.0%
2011 7.6% +2.8%
2012 21.3% +179.0%
2013 27.3% +28.3%
2014 23.8% -12.8%
2015 21.9% -8.1%
2016 21.7% -0.7%
2017 11.5% -46.8%
2018 12.4% +7.6%
2019 9.4% -24.6%
2020 8.6% -8.0%
2021 9.3% +8.2%
2022 21.0% +124.6%
2023 28.8% +37.4%
2024 32.2% +11.8%
2025 28.4% -11.8%

Malawi compared with similar countries

  • Malawi's 28.4% is above the median for low income countries, which is 6.7%, 4.2× the median. (22 countries reporting)
  • Malawi's 28.4% is above the median for Sub-Saharan Africa, which is 3.5%, 8.2× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 16.8% 9.8% 33.9% 9
1990s 31.0% 9.1% 83.3% 10
2000s 14.3% 8.0% 29.6% 10
2010s 16.4% 7.4% 27.3% 10
2020s 21.4% 8.6% 32.2% 6

Countries ranked near Malawi

  1. 7 Turkey 34.9% compare
  2. 8 Burundi 34.1% compare
  3. 9 Haiti 28.6% compare
  4. 11 Nigeria 23.0% compare
  5. 12 Angola 20.2% compare
  6. 13 Bolivia 19.5% compare

See the full ranking of 239 places →

More economy & growth data for Malawi

All data for Malawi →

Frequently asked questions

What is inflation, consumer prices in Malawi?
Inflation, consumer prices in Malawi was 28.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest inflation, consumer prices recorded in Malawi?
The highest recorded value was 83.3% in 1995.
What is the lowest inflation, consumer prices recorded in Malawi?
The lowest recorded value was 7.4% in 2010.
How does Malawi rank for inflation, consumer prices?
Malawi ranks 10th out of 192 countries with data for 2025.
Is inflation, consumer prices rising or falling in Malawi?
Over the last ten years it is up 29.7%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.

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Inflation, consumer prices in Malawi. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 15 October 2026, from https://economy.statizoid.com/stat/inflation-consumer-prices-annual-percent/malawi/

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About this data

Indicator
Inflation, consumer prices (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
239 places, 11,507 data points, 1960–2025
Last refreshed

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.