Annual inflation, consumer prices in Madagascar
Madagascar: Annual inflation, consumer prices was 9.9% in 2023. βΌ Falling
Annual inflation, consumer prices in Madagascar, 2000β2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual inflation, consumer prices in Madagascar is 9.9%, measured in 2023.
The figure is up 21.0% on the previous year and up 69.5% over ten years.
Over the whole period, annual inflation, consumer prices in Madagascar peaked at 18.4% in 2005 and was at its lowest, -1.7%, in 2003.
That places Madagascar 29th out of 187 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.6% | -1.7% | 18.4% | 10 |
| 2010s | 7.3% | 5.6% | 9.5% | 10 |
| 2020s | 7.0% | 4.2% | 9.9% | 4 |
Countries ranked near Madagascar
- 26 Vanuatu 11.2% compare
- 27 Kyrgyzstan 10.8% compare
- 28 Bangladesh 10.5% compare
- 30 Uzbekistan 9.6% compare
- 31 Niger 9.1% compare
- 32 Chad 8.9% compare
More development goals data for Madagascar
- Red List Index 0.724 index (2025)
- Number of refugees per 100,000 population, by country of origin 1.83 per 100,000 people (2025)
- Manufacturing value added per capita 52.05 constant US$ (2025)
- Number of transboundary breeds 17 (2025)
- Number of transboundary breeds (not extinct) 17 (2025)
- Number of transboundary breeds with unknown risk status 17 (2025)
- Number of local breeds with unknown risk status 17 (2025)
- Number of local breeds (not extinct) 17 (2025)
- Number of local breeds kept in the country 17 (2025)
- Infant deaths 42,981 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Madagascar?
- Annual inflation, consumer prices in Madagascar was 9.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Madagascar?
- The highest recorded value was 18.4% in 2005.
- What is the lowest annual inflation, consumer prices recorded in Madagascar?
- The lowest recorded value was -1.7% in 2003.
- How does Madagascar rank for annual inflation, consumer prices?
- Madagascar ranks 29th out of 187 countries with data for 2023.
- Is annual inflation, consumer prices rising or falling in Madagascar?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).