Inflation Rate (CPI): Malawi
Malawi's inflation rate (cpi) is currently 24.1% as of 2026. # Malawi Inflation Rate (CPI) Malawi's inflation rate stands at 24.
Current (2026)
24.1%
-14.5% y/y
Peak (1995)
83.1%
Low (2010)
7.4%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Malawi
1980 — 2026
Inflation Rate (CPI) — Malawi
Analysis# Malawi Inflation Rate (CPI)
Malawi's inflation rate stands at 24.1% in 2026, reflecting a sharp escalation from the stable single-digit rates of the early 2020s. While significantly below the nation's all-time peak of 83.1% in 1995, current levels remain elevated compared to the historic low of 7.4% in 2010. Since 1980, Malawi's inflation has increased 25.5 percentage points overall, indicating decades of persistent pricing pressure despite occasional periods of relative stability.
The country experienced dramatic acceleration beginning in 2022, when inflation jumped to 20.8% from 8.6% the previous year. Rates peaked at 32.2% in 2024 before moderating to 24.1% by 2026. This recent volatility suggests underlying macroeconomic pressures, though the downward trajectory from 2024 indicates modest stabilization ahead.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 14.6% | -3.95% |
| 2029 | 15.2% | -12.64% |
| 2028 | 17.4% | -19.82% |
| 2027 | 21.7% | -9.96% |
| 2026 | 24.1% | -14.54% |
| 2025 | 28.2% | -12.42% |
| 2024 | 32.2% | +11.81% |
| 2023 | 28.8% | +38.46% |
| 2022 | 20.8% | +123.66% |
| 2021 | 9.3% | +8.14% |
| 2020 | 8.6% | -8.51% |
| 2019 | 9.4% | +2.17% |
| 2018 | 9.2% | -20.00% |
| 2017 | 11.5% | -47.00% |
| 2016 | 21.7% | -0.91% |
| 2015 | 21.9% | -7.98% |
| 2014 | 23.8% | -15.90% |
| 2013 | 28.3% | +32.86% |
| 2012 | 21.3% | +180.26% |
| 2011 | 7.6% | +2.70% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 7.4% | -11.90% |
| 2009 | 8.4% | -3.45% |
| 2008 | 8.7% | +10.13% |
| 2007 | 7.9% | -43.17% |
| 2006 | 13.9% | -10.32% |
| 2005 | 15.5% | +35.96% |
| 2004 | 11.4% | +18.75% |
| 2003 | 9.6% | -34.69% |
| 2002 | 14.7% | -35.24% |
| 2001 | 22.7% | -23.31% |
| 2000 | 29.6% | -33.93% |
| 1999 | 44.8% | +50.34% |
| 1998 | 29.8% | +227.47% |
| 1997 | 9.1% | -75.86% |
| 1996 | 37.7% | -54.63% |
| 1995 | 83.1% | +139.48% |
| 1994 | 34.7% | +52.19% |
| 1993 | 22.8% | -1.72% |
| 1992 | 23.2% | +182.93% |
| 1991 | 8.2% | -31.09% |
| 1990 | 11.9% | -4.80% |
| 1989 | 12.5% | -63.02% |
| 1988 | 33.8% | +34.66% |
| 1987 | 25.1% | +76.76% |
| 1986 | 14.2% | +33.96% |
| 1985 | 10.6% | -46.19% |
| 1984 | 19.7% | +42.75% |
| 1983 | 13.8% | +45.26% |
| 1982 | 9.5% | -20.83% |
| 1981 | 12.0% | -37.50% |
| 1980 | 19.2% | — |
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