Annual inflation, consumer prices in Malawi

Malawi: Annual inflation, consumer prices was 32.2% in 2024. ▲ Rising

Latest (2024)
32.2%
Change on year
up 11.8%
World rank
12th
of 203 countries
All-time high
32.2%
in 2024
All-time low
7.4%
in 2010
Years of data
25
2000–2024

Annual inflation, consumer prices in Malawi, 2000–2024

510152025302000201220242000: 29.6 %2001: 22.7 %2002: 14.7 %2003: 9.6 %2004: 11.4 %2005: 15.4 %2006: 14 %2007: 8 %2008: 8.7 %2009: 8.4 %2010: 7.4 %2011: 7.6 %2012: 21.3 %2013: 27.3 %2014: 23.8 %2015: 21.9 %2016: 21.7 %2017: 11.5 %2018: 12.4 %2019: 9.4 %2020: 8.6 %2021: 9.3 %2022: 21 %2023: 28.8 %2024: 32.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, annual inflation, consumer prices in Malawi stood at 32.2%. That is the highest value across all 25 years on record.

The figure is up 11.8% on the previous year and up 35.3% over ten years.

Over the whole period, annual inflation, consumer prices in Malawi peaked at 32.2% in 2024 and was at its lowest, 7.4%, in 2010.

Malawi ranks 12th of 203 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 25 years of available data.

Annual inflation, consumer prices in Malawi, year by year

Annual values for Annual inflation, consumer prices (%) in Malawi, 2000 to 2024.
Year % Change
2000 29.6% —
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%

Malawi compared with similar countries

  • Malawi's 32.2% is above the median for low income countries, which is 8.9%, 3.6× the median. (21 countries reporting)
  • Malawi's 32.2% is above the median for Sub-Saharan Africa, which is 4.5%, 7.2× the median. (43 countries reporting)

Biggest year-on-year movements

Years where Annual inflation, consumer prices in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2012 +179.0% 7.6% 21.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.3% 8.0% 29.6% 10
2010s 16.4% 7.4% 27.3% 10
2020s 20.0% 8.6% 32.2% 5

Countries ranked near Malawi

  1. 9 Lebanon 45.2% compare
  2. 10 Nigeria 33.2% compare
  3. 11 Iran (Islamic Republic of) 32.5% compare
  4. 13 Sierra Leone 28.6% compare
  5. 14 Egypt 28.3% compare
  6. 15 Angola 28.2% compare

See the full ranking of 236 places →

More development goals data for Malawi

All data for Malawi →

Frequently asked questions

What is annual inflation, consumer prices in Malawi?
Annual inflation, consumer prices in Malawi was 32.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Malawi?
The highest recorded value was 32.2% in 2024.
What is the lowest annual inflation, consumer prices recorded in Malawi?
The lowest recorded value was 7.4% in 2010.
How does Malawi rank for annual inflation, consumer prices?
Malawi ranks 12th out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Malawi?
Over the last ten years it is up 35.3%. The long-run trend across the full record is rising.
Where does this Malawi data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Malawi. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/malawi/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed