Inflation Madagascar 2002
Average inflation: 16.6%
Inflation in 2002
Inflation is very high at 16.6%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 26.5%. The lowest inflation was in February at 4.1%.
- Highest month
- May: 26.5%
- Lowest month
- February: 4.1%
- Difference
- 22.4 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 4.9 percentage points higher than the 5-year average of 11.7%. This approaches the highest level since records began (16.6% in 2002).
- 5-year average
- 11.7%
- 10-year average
- 11.7%
- All-time high (2002)
- 16.6%
- All-time low (2001)
- 8%
Trend
Over the period 2000-2002, inflation shows an upward trend. Compared to 2001, inflation has risen by 8.6 percentage points.
- Change vs. previous year
- +8.6 percentage points
- Largest monthly swing
- June: +19.5 percentage points
ECB Target
Inflation is 14.6 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for MGA 100 this year will cost approximately MGA 117 next year at this inflation rate.
Multi-year trend
Monthly figures 2002
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2001 |
|---|---|---|
| January | 4.5% | -6.4 |
| February | 4.1% | -8.2 |
| March | 13.2% | +3.6 |
| April | 23.7% | +15.2 |
| May | 26.5% | +18.8 |
| June | 26.2% | +19.5 |
| July | 21.0% | +13.4 |
| August | 18.5% | +10.9 |
| September | 17.2% | +10.6 |
| October | 16.0% | +9.7 |
| November | 14.6% | +8.7 |
| December | 13.5% | +7.8 |
| Average | 16.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.