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Malawi Consumer Price Index

Consumer price index (2010 = 100)  FP.CPI.TOTL

Malawi's consumer price index was 1,094.09 in 2025, ranked 9th globally. This represents a 7.0% increase from 2024. Data from World Bank, covering 1980–2025.

1,094.09 +71.10 (+7.0%)
Year 2025 Rank #9 Global Peak 1,094.09 (2025) Source World Bank

Malawi Consumer Price Index (1980–2025)

Overview

Malawi's consumer price index stood at 1,094.09 in 2025, a rise of +71.10 from 2024. Based on recent trends, this figure is projected to reach 1,094.09 by 2025. Malawi ranked 9th globally.

Malawi’s Consumer Price Index (CPI) has risen dramatically from an all‑time trough of 0.47 in 1980 to an all‑time peak of 1,094.09 in 2025, placing the country ninth globally in the latest World Bank data. Over the 46‑year coverage period the index has compounded at a rate that far outpaces many peers; for example, Angola’s CPI stands at 1,125.96 while Ghana’s is 836.75, indicating that Malawi’s price level is now comparable to the higher‑inflation environments of southern Africa. The steep ascent reflects successive waves of monetary expansion, supply‑side constraints, and external shocks that have eroded purchasing power across the economy. Although the index’s trajectory suggests continued pressure on real incomes, recent fiscal consolidation efforts and a modest improvement in agricultural yields could temper future inflation, provided external commodity prices remain stable.

Data & projection

Year Consumer Price Index YoY change Rank
2027* trend 1,376.94 - -
2026* trend 1,235.52 - -
2025* trend 1,094.09 - -
2025 1,094.09 +71.10 #9
2024 1,022.99 +249.05 #163
2023 773.94 +173.01 #168
2022 600.93 +104.11 #169
2021 496.83 +42.40 #168
2020 454.43 +36.08 #170
2019 418.34 +35.84 #177
2018 382.50 +42.26 #176
2017 340.24 +35.21 #179
2016 305.03 +54.41 #182
2015 250.62 +44.97 #182
2014 205.65 +39.52 #183
2013 166.12 +35.61 #183
2012 130.52 +22.89 #180
2011 107.62 +7.62 #142
Show all years (1980-2025)
* Linear trend extrapolation

Detected Pattern

Currency Crisis Pattern
Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.
Inflation 21.7% Reserves YoY -10.4% FX YoY +43.7%
Occurred 128 times, 35 successful
Inflation
133.5%
Reserves YoY
-48.5%
FX YoY
+126.8%
Inflation
38.1%
Reserves YoY
-30.4%
FX YoY
+33.2%
Inflation
221.3%
Reserves YoY
-15.4%
FX YoY
+820.4%
Inflation
47.6%
Reserves YoY
-20.6%
FX YoY
+51.7%
Inflation
667.4%
Reserves YoY
-80.7%
FX YoY
+835.9%
Inflation
31.3%
Reserves YoY
-47.5%
FX YoY
+42.5%
24 mo later
22.8%

Analysis

Malawi matched the Currency Crisis Pattern pattern in 2016. Historically, 27% of countries showing this pattern (35 out of 128) saw consumer price index improve within 24 months. View full analysis →

Frequently Asked Questions

What is Malawi's consumer price index?▾

Malawi's consumer price index was 1,094.09 in 2025. Ranked 9th globally. This represents a 7.0% increase from the previous year.

What was the highest consumer price index in Malawi?▾

Malawi's consumer price index peaked at 1,094.09 in 2025.

What was the lowest consumer price index in Malawi?▾

The lowest consumer price index in Malawi was 0.47 in 1980.

How does Malawi rank in consumer price index?▾

Malawi ranks 9th globally in consumer price index as of 2025.

What is the World Bank indicator code for consumer price index?▾

The World Bank indicator code is FP.CPI.TOTL. Data sourced from World Bank.

What is the projected consumer price index of Malawi in 2025?▾

Malawi's consumer price index is projected to reach 1,094.09 by 2025 based on trend extrapolation.

What is the consumer price index of Malawi in 2025?▾

The consumer price index of Malawi in 2025 was 1,094.09. This ranks 9th in the world.

Cite this page

APA
Malawi Consumer Price Index. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/malawi/consumer-price-index/
BibTeX
@misc{historysaid_malawi_consumer-price-index, title = {Malawi Consumer Price Index}, url = {https://historysaid.com/malawi/consumer-price-index/}, publisher = {HistorySaid}, year = {2026} }
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