Malta - Inflation, consumer prices (annual %) 1960 - 2022
Malta's inflation, consumer prices (annual %) is currently 6.15%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Malta's inflation, consumer prices (annual %) for 2022 was 6.154%, a 310.83% increase from 2021, with a +4 difference.
- In 2021 it was 1.498%, a 134.58% increase from 2020.
- In 2020 it was 0.639%, a -61.11% increase from 2019.
- In 2019 it was 1.642%, a 41.82% increase from 2018.
- In 2018 it was 1.158%, a -15.14% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Malta is currently 2.9479% (average of years with recorded data) with a lowest recorded value of -0.881% in 1983 and a highest value of 15.7473% in 1980.
Malta's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1960 | 3.385% | |
| 1961 | 2.511% | -25.80% |
| 1962 | 0.169% | -93.28% |
| 1963 | 1.876% | 1,012.41% |
| 1964 | 2.18% | 16.20% |
| 1965 | 1.602% | -26.51% |
| 1966 | 0.523% | -67.35% |
| 1967 | 0.694% | 32.64% |
| 1968 | 2.037% | 193.61% |
| 1969 | 2.334% | 14.58% |
| 1970 | 3.716% | 59.18% |
| 1971 | 2.324% | -37.46% |
| 1972 | 3.373% | 45.14% |
| 1973 | 7.689% | 127.98% |
| 1974 | 7.256% | -5.64% |
| 1975 | 8.792% | 21.17% |
| 1976 | 0.552% | -93.73% |
| 1977 | 10.04% | 1,720.52% |
| 1978 | 4.708% | -53.11% |
| 1979 | 7.147% | 51.82% |
| 1980 | 15.747% | 120.33% |
| 1981 | 11.51% | -26.91% |
| 1982 | 5.818% | -49.45% |
| 1983 | -0.881% | -115.14% |
| 1984 | -0.443% | 49.77% |
| 1985 | -0.235% | 46.85% |
| 1986 | 2.028% | 962.17% |
| 1987 | 0.432% | -78.71% |
| 1988 | 0.938% | 117.35% |
| 1989 | 0.848% | -9.66% |
| 1990 | 2.983% | 251.94% |
| 1991 | 2.542% | -14.79% |
| 1992 | 1.633% | -35.76% |
| 1993 | 4.145% | 153.78% |
| 1994 | 4.13% | -0.36% |
| 1995 | 4.427% | 7.18% |
| 1996 | 2.054% | -53.60% |
| 1997 | 3.112% | 51.51% |
| 1998 | 2.385% | -23.36% |
| 1999 | 2.135% | -10.50% |
| 2000 | 2.37% | 11.00% |
| 2001 | 2.929% | 23.63% |
| 2002 | 2.188% | -25.29% |
| 2003 | 1.304% | -40.42% |
| 2004 | 2.791% | 114.05% |
| 2005 | 3.008% | 7.78% |
| 2006 | 2.774% | -7.79% |
| 2007 | 1.249% | -54.96% |
| 2008 | 4.259% | 240.90% |
| 2009 | 2.084% | -51.06% |
| 2010 | 1.516% | -27.28% |
| 2011 | 2.963% | 95.49% |
| 2012 | 2.376% | -19.82% |
| 2013 | 1.18% | -50.32% |
| 2014 | 0.31% | -73.71% |
| 2015 | 1.101% | 254.66% |
| 2016 | 0.643% | -41.60% |
| 2017 | 1.364% | 112.28% |
| 2018 | 1.158% | -15.14% |
| 2019 | 1.642% | 41.82% |
| 2020 | 0.639% | -61.11% |
| 2021 | 1.498% | 134.58% |
| 2022 | 6.154% | 310.83% |
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Comparison with Countries in the Middle East & North Africa Region.
Among countries in the same World Bank Middle East & North Africa (MENA) region, Malta comes in 9th with 6.154% inflation, consumer prices (annual %).
- Within the same region, Lebanon comes in 1st with 154.756%, inflation, consumer prices (annual %).
- Iran, Islamic Rep. comes in 2nd with 43.389%.
- Syrian Arab Republic comes in 3rd with 36.702%.
- Egypt, Arab Rep. comes in 4th with 13.896%.
- Algeria comes in 5th with 9.266%.
- Tunisia comes in 6th with 8.306%.
- Yemen, Rep. comes in 7th with 8.105%.
- Morocco comes in 8th with 6.657%.
- Djibouti comes in 10th with 5.18%.
- Qatar comes in 11th with 4.995%.
- Iraq comes in 12th with 4.995%.
- United Arab Emirates comes in 13th with 4.828%.
- Israel comes in 14th with 4.394%.
- Jordan comes in 15th with 4.229%.
- Bahrain comes in 16th with 3.626%.
- Kuwait comes in 17th with 3.424%.
- Oman comes in 18th with 2.812%.
- And Libya comes in 19th with 2.606%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Middle East & North Africa Region.
Top 10 Countries in the Middle East & North Africa Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.76% | 2021 |
| 2 | Iran, Islamic Rep. | 43.39% | 2021 |
| 3 | Syrian Arab Republic | 36.70% | 2012 |
| 4 | Egypt, Arab Rep. | 13.90% | 2022 |
| 5 | Algeria | 9.27% | 2022 |
| 6 | Tunisia | 8.31% | 2022 |
| 7 | Yemen, Rep. | 8.10% | 2014 |
| 8 | Morocco | 6.66% | 2022 |
| 9 | Malta | 6.15% | 2022 |
| 10 | Djibouti | 5.18% | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Malta comes in 35th with 6.154% inflation, consumer prices (annual %).
- Within the same income group, Portugal comes in 25th with 7.833%, inflation, consumer prices (annual %).
- Ireland comes in 26th with 7.807%.
- Denmark comes in 27th with 7.697%.
- Antigua and Barbuda comes in 28th with 7.531%.
- New Zealand comes in 29th with 7.172%.
- Finland comes in 30th with 7.124%.
- Germany comes in 31st with 6.873%.
- Canada comes in 32nd with 6.803%.
- Australia comes in 33rd with 6.594%.
- Luxembourg comes in 34th with 6.336%.
- Singapore comes in 36th with 6.121%.
- Norway comes in 37th with 5.764%.
- Bahamas, The comes in 38th with 5.605%.
- France comes in 39th with 5.222%.
- Korea, Rep. comes in 40th with 5.088%.
- Guyana comes in 41st with 5.033%.
- Qatar comes in 42nd with 4.995%.
- United Arab Emirates comes in 43rd with 4.828%.
- Israel comes in 44th with 4.394%.
- And Aruba comes in 45th with 4.257%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lithuania | 19.705% | 2022 |
| 2 | Estonia | 19.398% | 2022 |
| 3 | Latvia | 17.310% | 2022 |
| 4 | Czechia | 15.100% | 2022 |
| 5 | Hungary | 14.608% | 2022 |
| 6 | Poland | 14.430% | 2022 |
| 7 | Romania | 13.796% | 2022 |
| 8 | Slovak Republic | 12.774% | 2022 |
| 9 | Chile | 11.644% | 2022 |
| 10 | Croatia | 10.781% | 2022 |
| 11 | Netherlands | 10.001% | 2022 |
| 12 | Greece | 9.645% | 2022 |
| 13 | Belgium | 9.598% | 2022 |
| 14 | Uruguay | 9.104% | 2022 |