Madagascar vs Rwanda
Madagascar vs Rwanda: Inflation
Inflation in 2025: 8% a year in Madagascar and 7% a year in Rwanda, by IMF estimates. In 2025 the value was higher in Madagascar, by 1 percentage points, or 1.14 times that in Rwanda.
% a year · IMF
What the numbers say
- Madagascar has been higher since 2024, when it overtook Rwanda.
- In 2025, Madagascar ranked 26 and Rwanda ranked 32 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Madagascar at 5% a year and Rwanda at 5% a year in 2031.
Every year
% a year · IMF
| Year | Madagascar | Rwanda |
|---|---|---|
| 2025 | 8 | 7 |
| 2024 | 7.6 | 4.8 |
| 2023 | 9.9 | 14 |
| 2022 | 8.2 | 13.9 |
| 2021 | 5.8 | 0.8 |
| 2020 | 4.2 | 7.7 |
| 2019 | 5.6 | 2.4 |
| 2018 | 8.6 | 1.4 |
| 2017 | 8.6 | 4.8 |
| 2016 | 6.1 | 5.7 |
| 2015 | 7.4 | 2.5 |
| 2014 | 6.1 | 1.8 |
| 2013 | 5.8 | 4.2 |
| 2012 | 5.7 | 6.3 |
| 2011 | 9.5 | 5.7 |
| 2010 | 9.2 | 2.3 |
| 2009 | 9 | 10.3 |
| 2008 | 9.3 | 15.4 |
| 2007 | 10.3 | 9.1 |
| 2006 | 10.8 | 8.8 |
| 2005 | 18.4 | 9.1 |
| 2004 | 14 | 12 |
| 2003 | -1.7 | 7.4 |
| 2002 | 16.5 | 2 |
| 2001 | 7.9 | 3.4 |
| 2000 | 11.6 | 3.9 |
| 1999 | 7.2 | -2 |
| 1998 | 6.2 | 8.8 |
| 1997 | 4.5 | 11.8 |
| 1996 | 19.8 | 13.2 |
| 1995 | 49 | 56 |
| 1994 | 39 | 21 |
| 1993 | 10 | 12.5 |
| 1992 | 14.6 | 9.5 |
| 1991 | 8.5 | 19.6 |
| 1990 | 11.9 | 4.2 |
| 1989 | 9 | 1 |
| 1988 | 26.3 | 2.9 |
| 1987 | 15.5 | 4.1 |
| 1986 | 14.5 | -1.1 |
| 1985 | 10.6 | 1.7 |
| 1984 | 9.7 | 5.4 |
| 1983 | 19.5 | 6.6 |
| 1982 | 31.9 | 12.6 |
| 1981 | 30.5 | 6.4 |
| 1980 | 18.3 | 7.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Madagascar | Rwanda |
|---|---|---|
| 2026 | 8.4 | 12.3 |
| 2027 | 8 | 7.9 |
| 2028 | 6.5 | 5 |
| 2029 | 6 | 5 |
| 2030 | 5.5 | 5 |
| 2031 | 5 | 5 |
Each country on its own
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Madagascar vs Rwanda
Health
- Life expectancyMadagascar: 63.6 years in 2023Rwanda: 67.8 years in 2023
- Child mortalityMadagascar: 6.2 per 100 live births in 2024Rwanda: 3.8 per 100 live births in 2024
- Infant mortalityMadagascar: 45 per 1,000 live births in 2023Rwanda: 27.5 per 1,000 live births in 2023
- DepressionMadagascar: 3.71% in 2017Rwanda: 3.87% in 2017
- Suicide rateMadagascar: 11 per 100,000 people in 2017Rwanda: 11 per 100,000 people in 2017
People
- PopulationMadagascar: 31.2 million people in 2023Rwanda: 14 million people in 2023
- Population growthMadagascar: 2.45% a year in 2023Rwanda: 2.18% a year in 2023
- Fertility rateMadagascar: 3.97 births per woman in 2023Rwanda: 3.7 births per woman in 2023
- Urban populationMadagascar: 32.9% in 2025Rwanda: 30.9% in 2025
- Median ageMadagascar: 18.9 years in 2023Rwanda: 19.4 years in 2023
- People aged 65 and overMadagascar: 3.3% in 2023Rwanda: 3.8% in 2023
- Net migration rateMadagascar: -0 per 1,000 people in 2023Rwanda: -0.6 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingMadagascar: 0.62% of GDP in 2025Rwanda: 1.29% of GDP in 2025
- Military spending in US dollarsMadagascar: $111M in 2025Rwanda: $194M in 2025
- Military spending per personMadagascar: $4 in 2025Rwanda: $13 in 2025
- Military share of state spendingMadagascar: 3.8% of government spending in 2025Rwanda: 4.7% of government spending in 2025
- Armed forces personnelMadagascar: 22,000 people in 2020Rwanda: 35,000 people in 2020
- National powerMadagascar: 0.11% of world capability in 2022Rwanda: 0.07% of world capability in 2022
- Armed forces, share of workersMadagascar: 0.15% of the labour force in 2020Rwanda: 0.7% of the labour force in 2020
- Arms importsMadagascar: 3 million TIV in 2025Rwanda: 37 million TIV in 2023