Development of inflation rates in Madagascar

The inflation rate for consumer prices in Madagascar moved over the past 40 years between -1.7% and 49.1%. For 2019, an inflation rate of 5.6% was calculated.

During the observation period from 1979 to 2019, the average inflation rate was 13.8% per year. Overall, the price increase was 15,371.39 %. An item that cost 100 Ariary in 1979 was so charged 15,471.39 Ariary in the beginning of 2020.

In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

Back to overview: Madagascar

Performance over the last 40 years compared to the European Union

Performance based on 100% in 1978.Performance in Madagascar

      Madagascar       European Union


Inflation calculator for Madagascar

Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Ariary in 1979 corresponds to an amount of 154,713.91 Ariary at the beginning of 2020 due to inflation.

Original amount in Ariary:


Start year:


End year:


Development of inflation rates for consumer goods in Madagascar

Inflation rates in Madagascar

JahrMadagascarØ European Union
197914.06 %8.98 %
198018.22 %13.52 %
198130.54 %11.82 %
198231.79 %9.47 %
198319.33 %8.52 %
19849.86 %7.37 %
198510.56 %5.61 %
198614.50 %3.55 %
198714.99 %4.07 %
198826.85 %4.35 %
19899.01 %6.01 %
199011.78 %6.30 %
19918.59 %5.93 %
199214.51 %5.60 %
199310.01 %4.79 %
199438.94 %4.71 %
199549.08 %4.32 %
199619.76 %3.31 %
19974.49 %2.72 %
19986.21 %2.40 %
19999.93 %2.15 %
200011.86 %3.10 %
20017.92 %3.15 %
200216.50 %2.31 %
2003-1.70 %2.08 %
200413.96 %2.26 %
200518.36 %2.47 %
200610.77 %2.60 %
200710.29 %2.48 %
20089.30 %4.16 %
20098.95 %0.93 %
20109.25 %1.53 %
20119.48 %3.29 %
20125.71 %2.66 %
20135.83 %1.22 %
20146.08 %0.20 %
20157.40 %-0.06 %
20166.04 %0.18 %
20178.59 %1.43 %
20188.60 %1.74 %
20195.63 %1.63 %