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 2023 was 28.79%, a 7.84% increase from 2022.
- 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 - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
28.79% |
7.84% |
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% |