Rakowo Małe [raˈkɔvɔ ˈmawɛ] (German: Köllmisch Rakowen) is a village in the administrative district of Gmina Biała Piska, within Pisz County, Warmian-Masurian Voivodeship, in northern Poland. It lies approximately 15 kilometres (9 mi) north-east of Biała Piska, 30 km (19 mi) north-east of Pisz, and 113 km (70 mi) east of the regional capital Olsztyn.

The village has a population of 120.