Malawi has risen to 111 from 123.
In Africa, Malawi are now ranked 22nd out of 54 teams.
Nigeria tops the rankings on the continent but are 34th in the world.
Malawi played two international friendly matches last year, losing to Tanzania 2-0 in the before going down 3-2 to Zambia.
National Women’s Football Association chairperson Severia Chalira and Sweden-based forward Tabitha Chawinga described the rise as encouraging.
Chalira said it means that if they remain active they could hit the double digit bracket.
She added that she hopes they play more competitive games.
On her part, Chawinga said: “It is good news; at least it shows we have made some progress though not significant enough. I think if we play more games, we could climb even higher.”