Malta Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Malta inflation rate for 2023 was 5.09%, a 1.06% decline from 2022.
  • Malta inflation rate for 2022 was 6.15%, a 4.66% increase from 2021.
  • Malta inflation rate for 2021 was 1.50%, a 0.86% increase from 2020.
  • Malta inflation rate for 2020 was 0.64%, a 1% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Hungary 17.13%
Palau 12.80%
Poland 11.53%
Czech Republic 10.66%
Slovak Republic 10.53%
Barbados 9.79%
Estonia 9.16%
Lithuania 9.12%
Latvia 8.94%
Iceland 8.74%
Sweden 8.55%
Croatia 7.94%
Austria 7.81%
Chile 7.58%
Slovenia 7.45%
United Kingdom 6.79%
Ireland 6.30%
Finland 6.25%
Germany 5.95%
Uruguay 5.87%
New Zealand 5.73%
Italy 5.62%
Australia 5.60%
Norway 5.52%
Malta 5.09%
Antigua and Barbuda 5.07%
France 4.88%
Singapore 4.82%
Trinidad and Tobago 4.63%
Portugal 4.31%
Israel 4.23%
United States 4.12%
Belgium 4.05%
Canada 3.88%
Netherlands 3.84%
Luxembourg 3.74%
Kuwait 3.64%
South Korea 3.60%
St. Kitts and Nevis 3.56%
Cyprus 3.54%
Spain 3.53%
Greece 3.46%
Denmark 3.31%
Japan 3.27%
Bahamas 3.05%
Qatar 3.03%
Saudi Arabia 2.33%
Switzerland 2.14%
Hong Kong 2.10%
Panama 1.49%
Oman 0.94%
Brunei 0.36%
Bahrain 0.07%
Seychelles -1.04%
Malta Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 5.09% -1.06%
2022 6.15% 4.66%
2021 1.50% 0.86%
2020 0.64% -1.00%
2019 1.64% 0.48%
2018 1.16% -0.21%
2017 1.36% 0.72%
2016 0.64% -0.46%
2015 1.10% 0.79%
2014 0.31% -0.87%
2013 1.18% -1.20%
2012 2.38% -0.59%
2011 2.96% 1.45%
2010 1.52% -0.57%
2009 2.08% -2.17%
2008 4.26% 3.01%
2007 1.25% -1.52%
2006 2.77% -0.23%
2005 3.01% 0.22%
2004 2.79% 1.49%
2003 1.30% -0.88%
2002 2.19% -0.74%
2001 2.93% 0.56%
2000 2.37% 0.23%
1999 2.13% -0.25%
1998 2.39% -0.73%
1997 3.11% 1.06%
1996 2.05% -2.37%
1995 4.43% 0.30%
1994 4.13% -0.01%
1993 4.14% 2.51%
1992 1.63% -0.91%
1991 2.54% -0.44%
1990 2.98% 2.14%
1989 0.85% -0.09%
1988 0.94% 0.51%
1987 0.43% -1.60%
1986 2.03% 2.26%
1985 -0.24% 0.21%
1984 -0.44% 0.44%
1983 -0.88% -6.70%
1982 5.82% -5.69%
1981 11.51% -4.24%
1980 15.75% 8.60%
1979 7.15% 2.44%
1978 4.71% -5.33%
1977 10.04% 9.49%
1976 0.55% -8.24%
1975 8.79% 1.54%
1974 7.26% -0.43%
1973 7.69% 4.32%
1972 3.37% 1.05%
1971 2.32% -1.39%
1970 3.72% 1.38%
1969 2.33% 0.30%
1968 2.04% 1.34%
1967 0.69% 0.17%
1966 0.52% -1.08%
1965 1.60% -0.58%
1964 2.18% 0.30%
1963 1.88% 1.71%
1962 0.17% -2.34%
1961 2.51% -0.87%
1960 3.38% -0.87%