Madagascar: Inflation, GDP deflator (annual %)
In , Madagascar's Inflation, GDP deflator (annual %) was 7.63.
That's up 2.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Madagascar ranks #38 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #16 of 46.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 18.36
- Trough
- 4.31
- 1-year change
- +2.1%
- 5-year change
- +16.9%
- +3.2% / yr
- 10-year change
- +13.3%
- +1.3% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 7.6253 | |
| 7.4651 | |
| 9.6261 | |
| 6.2696 | |
| 4.3111 | |
| 6.5221 | |
| 8.2980 | |
| 4.9615 | |
| 8.9601 | |
| 6.5037 |
About Inflation, GDP deflator (annual %)
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.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Madagascar's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Madagascar's Inflation, GDP deflator (annual %) was 7.63, according to World Bank Open Data.
- Is Madagascar's Inflation, GDP deflator (annual %) rising or falling?
- Madagascar's Inflation, GDP deflator (annual %) rose 2.1% from 2023 to 2024.
- How does Madagascar rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Madagascar ranked #38 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Madagascar's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Madagascar is below the world average. Within Sub-Saharan Africa, it ranks #16 of 46.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- 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.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.