Disclosed are a method for transmitting and receiving channel state information in a multi-antenna wireless communication system, and an apparatus therefore. More specifically, a method for reporting, by a UE, channel state information (CSI) in a multi-antenna wireless communication system may include: receiving a channel state information reference signal (CSI-RS) on x multiple antenna ports from a base station; selecting y multiple antenna ports from among the x multiple antenna ports; and reporting, to the base station, a precoding matrix indicator (PMI) indicating a precoding matrix selected from a codebook for the y multiple antenna ports.