Malawi

Africa · Malawian kwacha (MWK) · 22.2 million people

Inflation

20.0%

▼ 0.8 pt since July · Aug 2026

GDP per person

US$672

2025

Inflation

Inflation was 20.0% in Aug 2026, down from 20.9% in July.

Monthly, consumer prices year on year.

Exchange rates

Closing rates on 6 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2024

MWK 90,000 a month

about US$52

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$1,900

Population

2025

22.2 million

▲ 2.6% vs 2024

Sources and method

Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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