Inflation, consumer prices in Madagascar
Madagascar: Inflation, consumer prices was 8.1% in 2025. ◆ Volatile
Inflation, consumer prices in Madagascar, 1965–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, inflation, consumer prices in Madagascar stood at 8.1%.
That represents a change of up 5.7% on the previous year and up 8.7% over ten years.
Over the whole period, inflation, consumer prices in Madagascar peaked at 49.1% in 1995 and was at its lowest, -1.7%, in 2003.
That places Madagascar 34th out of 191 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.6% | 0.8% | 4.2% | 5 |
| 1970s | 7.9% | 2.9% | 22.1% | 10 |
| 1980s | 18.6% | 9.0% | 31.8% | 10 |
| 1990s | 17.3% | 4.5% | 49.1% | 10 |
| 2000s | 10.6% | -1.7% | 18.4% | 10 |
| 2010s | 7.3% | 5.6% | 9.5% | 10 |
| 2020s | 7.3% | 4.2% | 9.9% | 6 |
Countries ranked near Madagascar
- 31 Liberia 8.3% compare
- 32 Kyrgyzstan 8.2% compare
- 33 Yemen 8.1% compare
- 35 Moldova 7.8% compare
- 36 Lao People’s Democratic Republic 7.7% compare
- 37 Sierra Leone 7.5% compare
More economy & growth data for Madagascar
- Taxes less subsidies on products (current LCU), annual growth rate 11.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 342.64 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 205,330 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Gdp worldbank constant usd, annual growth rate 3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7618 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 456.51 units per person (2025)
Frequently asked questions
- What is inflation, consumer prices in Madagascar?
- Inflation, consumer prices in Madagascar was 8.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Madagascar?
- The highest recorded value was 49.1% in 1995.
- What is the lowest inflation, consumer prices recorded in Madagascar?
- The lowest recorded value was -1.7% in 2003.
- How does Madagascar rank for inflation, consumer prices?
- Madagascar ranks 34th out of 191 countries with data for 2025.
- Is inflation, consumer prices rising or falling in Madagascar?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
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.