The average inflation rate in Madagascar was forecast to continuously decrease between 2024 and 2029 by in total 1.4 percentage points. The inflation is estimated to amount to six percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Djibouti, Eritrea, and Somalia.
Madagascar: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
6%
2028*
6%
2027*
6.36%
2026*
6.72%
2025*
7.08%
2024*
7.44%
2023
9.86%
2022
8.16%
2021
5.82%
2020
4.19%
2019
5.62%
2018
8.6%
2017
8.59%
2016
6.06%
2015
7.4%
2014
6.08%
2013
5.83%
2012
5.71%
2011
9.48%
2010
9.25%
2009
8.95%
2008
9.3%
2007
10.29%
2006
10.77%
2005
18.36%
2004
13.96%
2003
-1.7%
2002
16.5%
2001
7.92%
2000
11.57%
1999
7.19%
1998
6.21%
1997
4.49%
1996
19.76%
1995
49.04%
1994
38.99%
1993
9.99%
1992
14.57%
1991
8.54%
1990
11.86%
1989
9.02%
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IMF. (October 22, 2024). Madagascar: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/460342/inflation-rate-in-madagascar/
IMF. "Madagascar: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/460342/inflation-rate-in-madagascar/
IMF. (2024). Madagascar: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/460342/inflation-rate-in-madagascar/
IMF. "Madagascar: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/460342/inflation-rate-in-madagascar/
IMF, Madagascar: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/460342/inflation-rate-in-madagascar/ (last visited November 21, 2024)
Madagascar: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/460342/inflation-rate-in-madagascar/