Malawi Inflation Rate 1981-2024

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. The Laspeyres formula is generally used.
  • Malawi inflation rate for 2022 was 20.95%, a 11.62% increase from 2021.
  • Malawi inflation rate for 2021 was 9.33%, a 0.7% increase from 2020.
  • Malawi inflation rate for 2020 was 8.63%, a 0.75% decline from 2019.
  • Malawi inflation rate for 2019 was 9.37%, a 3.05% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zimbabwe 104.71%
Haiti 33.98%
Sierra Leone 27.21%
Malawi 20.95%
Burundi 18.80%
Rwanda 17.69%
Burkina Faso 14.29%
Gambia 11.51%
Guinea 10.49%
Mozambique 10.28%
Senegal 9.70%
Guinea-Bissau 9.39%
Madagascar 8.16%
Togo 7.97%
Uganda 7.20%
Chad 5.79%
Central African Republic 5.58%
Tanzania 4.35%
Niger 4.23%
Benin 1.35%
South Sudan -6.69%
Malawi Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 20.95% 11.62%
2021 9.33% 0.70%
2020 8.63% -0.75%
2019 9.37% -3.05%
2018 12.42% 0.88%
2017 11.54% -10.17%
2016 21.71% -0.16%
2015 21.87% -1.92%
2014 23.79% -3.49%
2013 27.28% 6.01%
2012 21.27% 13.65%
2011 7.62% 0.21%
2010 7.41% -1.01%
2009 8.42% -0.29%
2008 8.71% 0.76%
2007 7.95% -6.02%
2006 13.97% -1.44%
2005 15.41% 3.98%
2004 11.43% 1.85%
2003 9.58% -5.17%
2002 14.74% -7.96%
2001 22.70% -6.88%
2000 29.58% -15.22%
1999 44.80% 15.06%
1998 29.75% 20.61%
1997 9.14% -28.46%
1996 37.60% -45.72%
1995 83.33% 48.68%
1994 34.65% 11.88%
1993 22.77% -0.98%
1992 23.75% 11.14%
1991 12.62% 0.79%
1990 11.82% -0.62%
1989 12.45% -21.47%
1988 33.91% 8.76%
1987 25.16% 11.11%
1986 14.05% 3.53%
1985 10.52% -9.51%
1984 20.03% 6.52%
1983 13.50% 3.68%
1982 9.82% -1.99%
1981 11.81% -1.99%