Madagascar Inflation Rate 1965-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Madagascar inflation rate for 2023 was 9.87%, a 1.71% increase from 2022.
- Madagascar inflation rate for 2022 was 8.16%, a 2.35% increase from 2021.
- Madagascar inflation rate for 2021 was 5.81%, a 1.61% increase from 2020.
- Madagascar inflation rate for 2020 was 4.20%, a 1.41% decline from 2019.
| Madagascar Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
9.87% |
1.71% |
| 2022 |
8.16% |
2.35% |
| 2021 |
5.81% |
1.61% |
| 2020 |
4.20% |
-1.41% |
| 2019 |
5.61% |
-2.98% |
| 2018 |
8.59% |
-0.01% |
| 2017 |
8.61% |
2.57% |
| 2016 |
6.04% |
-1.37% |
| 2015 |
7.40% |
1.32% |
| 2014 |
6.08% |
0.25% |
| 2013 |
5.83% |
0.11% |
| 2012 |
5.71% |
-3.77% |
| 2011 |
9.48% |
0.24% |
| 2010 |
9.25% |
0.29% |
| 2009 |
8.95% |
-0.34% |
| 2008 |
9.30% |
-0.99% |
| 2007 |
10.29% |
-0.48% |
| 2006 |
10.77% |
-7.60% |
| 2005 |
18.36% |
4.41% |
| 2004 |
13.96% |
15.66% |
| 2003 |
-1.70% |
-18.20% |
| 2002 |
16.50% |
8.58% |
| 2001 |
7.92% |
-3.94% |
| 2000 |
11.86% |
1.93% |
| 1999 |
9.93% |
3.72% |
| 1998 |
6.21% |
1.72% |
| 1997 |
4.49% |
-15.27% |
| 1996 |
19.76% |
-29.32% |
| 1995 |
49.08% |
10.14% |
| 1994 |
38.94% |
28.93% |
| 1993 |
10.01% |
-4.50% |
| 1992 |
14.51% |
5.92% |
| 1991 |
8.59% |
-3.19% |
| 1990 |
11.78% |
2.77% |
| 1989 |
9.01% |
-17.84% |
| 1988 |
26.85% |
11.86% |
| 1987 |
14.99% |
0.50% |
| 1986 |
14.50% |
3.94% |
| 1985 |
10.56% |
0.70% |
| 1984 |
9.86% |
-9.47% |
| 1983 |
19.33% |
-12.46% |
| 1982 |
31.79% |
1.25% |
| 1981 |
30.54% |
12.32% |
| 1980 |
18.22% |
4.16% |
| 1979 |
14.06% |
7.53% |
| 1978 |
6.53% |
3.42% |
| 1977 |
3.11% |
-1.88% |
| 1976 |
4.99% |
-3.20% |
| 1975 |
8.19% |
-13.91% |
| 1974 |
22.10% |
15.98% |
| 1973 |
6.12% |
0.50% |
| 1972 |
5.62% |
0.24% |
| 1971 |
5.39% |
2.51% |
| 1970 |
2.88% |
-0.95% |
| 1969 |
3.83% |
2.87% |
| 1968 |
0.96% |
0.14% |
| 1967 |
0.82% |
-2.40% |
| 1966 |
3.21% |
-0.99% |
| 1965 |
4.20% |
-0.99% |
