Ghana vs Malawi

Ghana vs Malawi: Inflation

Inflation in 2025: 14.2% a year in Ghana and 28.4% a year in Malawi, by IMF estimates. In 2025 the value was higher in Malawi, by 14.2 percentage points, or 2 times that in Ghana.

% a year · IMF

Ghana vs Malawi: InflationInflation in 2025: 14.2% a year in Ghana and 28.4% a year in Malawi, by IMF estimates. In 2025 the value was higher in Malawi, by 14.2 percentage points, or 2 times that in Ghana.
GhanaMalawiIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Malawi has been higher since 2024, when it overtook Ghana.
  • In 2025, Ghana ranked 16 and Malawi ranked 9 of 179 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Ghana at 8% a year and Malawi at 13% a year in 2031.

Every year

% a year · IMF

YearGhanaMalawi
202514.228.4
202422.932.2
202339.228.8
202231.920.8
2021109.3
20209.98.6
20197.29.4
20189.89.2
201712.411.5
201617.521.7
201517.221.9
201415.523.8
201311.728.3
20127.121.3
20117.77.6
20106.77.4
200913.18.4
200816.58.7
200710.77.9
200611.713.9
200515.115.5
200412.711.4
200326.69.6
200214.914.7
200132.922.7
200025.129.6
199912.544.8
199819.229.8
199724.89.1
199644.537.7
199559.383.2
199424.934.7
199324.922.8
199210.123.2
199118.18.2
199037.211.9
198925.212.5
198831.433.8
198739.825.1
198624.514.2
198510.310.6
19844019.8
1983122.213.8
198222.59.5
1981116.512
19805019.2
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearGhanaMalawi
20264.821.9
20277.825
2028820.6
2029817.3
2030815.7
2031813

Each country on its own

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Ghana vs Malawi

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