Madagascar

Inflation in Madagascar

Inflation in Madagascar: 18.3% a year in 1980 and 8% a year in 2025, by IMF estimates.

Latest, 2025
8% a year
Since 1980
−10.2 percentage points
Rank, 2025
26 of 179
counting from the highest
Projected, 2031
5% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Inflation in MadagascarInflation in Madagascar: 18.3% a year in 1980 and 8% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 5% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 5% a year in 2031.
  • The highest was 49% a year in 1995, the lowest -1.7% a year in 2003.

Every year

% a year · IMF

YearMadagascar
20258
20247.6
20239.9
20228.2
20215.8
20204.2
20195.6
20188.6
20178.6
20166.1
20157.4
20146.1
20135.8
20125.7
20119.5
20109.2
20099
20089.3
200710.3
200610.8
200518.4
200414
2003-1.7
200216.5
20017.9
200011.6
19997.2
19986.2
19974.5
199619.8
199549
199439
199310
199214.6
19918.5
199011.9
19899
198826.3
198715.5
198614.5
198510.6
19849.7
198319.5
198231.9
198130.5
198018.3
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMadagascar
20268.4
20278
20286.5
20296
20305.5
20315

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

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