East Asia & Pacific
Malaysia Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
1.8%
As of 2024
YoY Change
-26.3%
2023 → 2024
Record High
17.3%
Recorded in 1974
Record Low
-1.1%
Recorded in 2020
10-Year Average
1.9%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Malaysia's inflation rate of 1.83% in 2024 indicates a relatively stable economy with minimal price increases. This low inflation rate can be attributed to the country's monetary policy and a stable supply chain. The low rate also suggests that the economy is not experiencing excessive demand that could drive up prices.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 1.8% | 0.7% | -26.3% |
| 2023 | 2.5% | 0.9% | -26.3% |
| 2022 | 3.4% | 0.9% | +36.4% |
| 2021 | 2.5% | 3.6% | +317.5% |
| 2020 | -1.1% | 1.8% | -271.8% |
| 2019 | 0.7% | 0.2% | -25.1% |
| 2018 | 0.9% | 3.0% | -77.1% |
| 2017 | 3.9% | 1.8% | +85.2% |
| 2016 | 2.1% | 0.0% | -0.7% |
| 2015 | 2.1% | 1.0% | -33.0% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
East Asia & Pacific · Inflation
