Consumer price index in Madagascar

Madagascar: Consumer price index was 280.82 2010 = 100 in 2025. ◆ Volatile

Latest (2025)
280.82 2010 = 100
Change on year
up 8.1%
World rank
37th
of 189 countries
All-time high
280.82 2010 = 100
in 2025
All-time low
0.5663 2010 = 100
in 1964
Years of data
62
1964–2025

Consumer price index in Madagascar, 1964–2025

0100200300196419942025

Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in 2010 = 100.

Analysis

The most recent figure for consumer price index in Madagascar is 280.82 2010 = 100, measured in 2025. That is the highest value across all 62 years on record.

Compared with earlier readings it is up 8.1% on the previous year and up 101.2% over ten years.

Over the whole period, consumer price index in Madagascar peaked at 280.82 2010 = 100 in 2025 and was at its lowest, 0.5663 2010 = 100, in 1964.

That places Madagascar 37th out of 189 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.

Consumer price index in Madagascar, year by year

Annual values for Consumer price index in Madagascar, 1964 to 2025.
Year 2010 = 100 Change
1964 0.5663 2010 = 100
1965 0.5901 2010 = 100 +4.2%
1966 0.609 2010 = 100 +3.2%
1967 0.614 2010 = 100 +0.8%
1968 0.6198 2010 = 100 +1.0%
1969 0.6436 2010 = 100 +3.8%
1970 0.6621 2010 = 100 +2.9%
1971 0.6978 2010 = 100 +5.4%
1972 0.737 2010 = 100 +5.6%
1973 0.7821 2010 = 100 +6.1%
1974 0.9549 2010 = 100 +22.1%
1975 1.03 2010 = 100 +8.2%
1976 1.08 2010 = 100 +5.0%
1977 1.12 2010 = 100 +3.1%
1978 1.19 2010 = 100 +6.5%
1979 1.36 2010 = 100 +14.1%
1980 1.61 2010 = 100 +18.2%
1981 2.1 2010 = 100 +30.5%
1982 2.76 2010 = 100 +31.8%
1983 3.3 2010 = 100 +19.3%
1984 3.62 2010 = 100 +9.9%
1985 4.01 2010 = 100 +10.6%
1986 4.59 2010 = 100 +14.5%
1987 5.27 2010 = 100 +15.0%
1988 6.69 2010 = 100 +26.9%
1989 7.29 2010 = 100 +9.0%
1990 8.15 2010 = 100 +11.8%
1991 8.85 2010 = 100 +8.6%
1992 10.14 2010 = 100 +14.5%
1993 11.15 2010 = 100 +10.0%
1994 15.49 2010 = 100 +38.9%
1995 23.1 2010 = 100 +49.1%
1996 27.66 2010 = 100 +19.8%
1997 28.9 2010 = 100 +4.5%
1998 30.7 2010 = 100 +6.2%
1999 33.75 2010 = 100 +9.9%
2000 37.75 2010 = 100 +11.9%
2001 40.74 2010 = 100 +7.9%
2002 47.46 2010 = 100 +16.5%
2003 46.65 2010 = 100 -1.7%
2004 53.16 2010 = 100 +14.0%
2005 62.92 2010 = 100 +18.4%
2006 69.7 2010 = 100 +10.8%
2007 76.87 2010 = 100 +10.3%
2008 84.01 2010 = 100 +9.3%
2009 91.54 2010 = 100 +9.0%
2010 100 2010 = 100 +9.2%
2011 109.48 2010 = 100 +9.5%
2012 115.74 2010 = 100 +5.7%
2013 122.48 2010 = 100 +5.8%
2014 129.93 2010 = 100 +6.1%
2015 139.55 2010 = 100 +7.4%
2016 147.97 2010 = 100 +6.0%
2017 160.71 2010 = 100 +8.6%
2018 174.52 2010 = 100 +8.6%
2019 184.31 2010 = 100 +5.6%
2020 192.06 2010 = 100 +4.2%
2021 203.22 2010 = 100 +5.8%
2022 219.81 2010 = 100 +8.2%
2023 241.51 2010 = 100 +9.9%
2024 259.9 2010 = 100 +7.6%
2025 280.82 2010 = 100 +8.1%

Madagascar compared with similar countries

  • Madagascar's 280.82 2010 = 100 is above the median for low income countries, which is 254.43 2010 = 100, 1.1× the median. (22 countries reporting)
  • Madagascar's 280.82 2010 = 100 is above the median for Sub-Saharan Africa, which is 206.33 2010 = 100, 1.4× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Consumer price index in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +49.1% 15.49 2010 = 100 23.1 2010 = 100
1994 +38.9% 11.15 2010 = 100 15.49 2010 = 100

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.6071 2010 = 100 0.5663 2010 = 100 0.6436 2010 = 100 6
1970s 0.962 2010 = 100 0.6621 2010 = 100 1.36 2010 = 100 10
1980s 4.12 2010 = 100 1.61 2010 = 100 7.29 2010 = 100 10
1990s 19.79 2010 = 100 8.15 2010 = 100 33.75 2010 = 100 10
2000s 61.08 2010 = 100 37.75 2010 = 100 91.54 2010 = 100 10
2010s 138.47 2010 = 100 100 2010 = 100 184.31 2010 = 100 10
2020s 232.89 2010 = 100 192.06 2010 = 100 280.82 2010 = 100 6

Countries ranked near Madagascar

  1. 34 Gambia 285.89 2010 = 100 compare
  2. 35 Bangladesh 285 2010 = 100 compare
  3. 36 Russia 283.02 2010 = 100 compare
  4. 38 Kenya 267.82 2010 = 100 compare
  5. 39 Kyrgyzstan 265.55 2010 = 100 compare
  6. 40 Mozambique 257.68 2010 = 100 compare

See the full ranking of 189 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is consumer price index in Madagascar?
Consumer price index in Madagascar was 280.82 2010 = 100 in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest consumer price index recorded in Madagascar?
The highest recorded value was 280.82 2010 = 100 in 2025.
What is the lowest consumer price index recorded in Madagascar?
The lowest recorded value was 0.5663 2010 = 100 in 1964.
How does Madagascar rank for consumer price index?
Madagascar ranks 37th out of 189 countries with data for 2025.
Is consumer price index rising or falling in Madagascar?
Over the last ten years it is up 101.2%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Consumer price index. Statizoid updates them automatically from the source API.

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Consumer price index in Madagascar. Statizoid, drawing on International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/consumer-price-index/madagascar/

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About this data

Indicator
Consumer price index
Unit
2010 = 100
Source
International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
189 places, 9,233 data points, 1960–2025
Last refreshed

The CPI shows the average price level of goods and services purchased by consumers. This is expressed relative to a base year – in this case 2010. For example, a CPI of 120 means that prices were 20% higher than in 2010.