Malawi Inflation Rate 1981-2023

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 2020 was 8.63%, a 0.75% decline from 2019.
  • Malawi inflation rate for 2019 was 9.37%, a 3.05% decline from 2018.
  • Malawi inflation rate for 2018 was 12.42%, a 0.88% increase from 2017.
  • Malawi inflation rate for 2017 was 11.54%, a 10.17% decline from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zimbabwe 557.20%
South Sudan 29.68%
Haiti 22.80%
Ethiopia 20.36%
Sierra Leone 13.45%
Guinea 10.60%
Rwanda 9.85%
Malawi 8.63%
Burundi 7.32%
Gambia 5.93%
Nepal 5.05%
Chad 4.46%
Madagascar 4.20%
Uganda 3.31%
Tanzania 3.29%
Mozambique 3.14%
Benin 3.02%
Niger 2.90%
Senegal 2.55%
Burkina Faso 1.88%
Togo 1.83%
Central African Republic 1.71%
Guinea-Bissau 1.14%
Mali 0.44%
Malawi Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%