Annual Inflation Rate of Madagascar

Updated on March 18, 2026.

According to data from the World Bank, the annual inflation rate of Madagascar as measured by the consumer prices index was 9.87% in 2024. A difference of +1.71 (20.96% increase) compared to 2023.

The World Bank defines inflation measured by the consumer price index as "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 chart and table below shows the inflation rate of Madagascar for recent years.

You can see similar information for other countries.

Related Topics: World Bank Topic List

Data Source: World Bank.

Annual Inflation Rate of Madagascar (%)

Table of Annual Inflation Rate of Madagascar

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Year	Inflation Rate (%)
1966	4.2
1967	3.21
1968	0.82
1969	0.96
1970	3.83
1971	2.88
1972	5.39
1973	5.62
1974	6.12
1975	22.1
1976	8.19
1977	4.99
1978	3.11
1979	6.53
1980	14.06
1981	18.22
1982	30.54
1983	31.79
1984	19.33
1985	9.86
1986	10.56
1987	14.5
1988	14.99
1989	26.85
1990	9.01
1991	11.78
1992	8.59
1993	14.51
1994	10.01
1995	38.94
1996	49.08
1997	19.76
1998	4.49
1999	6.21
2000	9.93
2001	11.86
2002	7.92
2003	16.5
2004	-1.7
2005	13.96
2006	18.36
2007	10.77
2008	10.29
2009	9.3
2010	8.95
2011	9.25
2012	9.48
2013	5.71
2014	5.83
2015	6.08
2016	7.4
2017	6.04
2018	8.61
2019	8.59
2020	5.61
2021	4.2
2022	5.81
2023	8.16
2024	9.87