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
More economy & growth data for Madagascar
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
- Taxes less subsidies on products 1.48 billion current US$ (2025)
- Net primary income (Net income from abroad) -2.06 trillion current LCU (2025)
- Net primary income (Net income from abroad) -454.90 million current US$ (2025)
- GNI per capita 2.65 million current LCU (2025)
- GNI per capita, Atlas method 560 current US$ (2025)
- GNI 86.81 trillion current LCU (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.