Inflation, GDP deflator in Madagascar

Madagascar: Inflation, GDP deflator was 8.4% in 2025. ◆ Volatile

Latest (2025)
8.4%
Change on year
up 12.7%
World rank
33rd
of 213 countries
All-time high
49.0%
in 1995
All-time low
-1.7%
in 2003
Years of data
65
1961–2025

Inflation, GDP deflator in Madagascar, 1961–2025

02040196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator in Madagascar stood at 8.4%.

That represents a change of up 12.7% on the previous year and up 28.8% over ten years.

Over the whole period, inflation, gdp deflator in Madagascar peaked at 49.0% in 1995 and was at its lowest, -1.7%, in 2003.

Madagascar ranks 33rd of 213 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.9% 0.7% 5.8% 9
1970s 9.0% 3.0% 22.8% 10
1980s 21.5% 9.0% 47.8% 10
1990s 17.1% 4.5% 49.0% 10
2000s 10.2% -1.7% 18.4% 10
2010s 7.4% 5.0% 10.4% 10
2020s 7.4% 4.3% 9.8% 6

Countries ranked near Madagascar

  1. 30 Belarus 10.9% compare
  2. 31 Kazakhstan 9.6% compare
  3. 32 Burkina Faso 8.8% compare
  4. 34 Romania 8.2% compare
  5. 35 Honduras 8.0% compare
  6. 36 Gambia 7.9% compare

See the full ranking of 260 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is inflation, gdp deflator in Madagascar?
Inflation, gdp deflator in Madagascar was 8.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Madagascar?
The highest recorded value was 49.0% in 1995.
What is the lowest inflation, gdp deflator recorded in Madagascar?
The lowest recorded value was -1.7% in 2003.
How does Madagascar rank for inflation, gdp deflator?
Madagascar ranks 33rd out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Madagascar?
Over the last ten years it is up 28.8%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.