Inflation rate in Malaysia 2022

Malaysia: Inflation rate from 2012 to 2022 (compared to the previous year)

Inflation rate in Malaysia 2022 This statistic shows the average inflation rate in Malaysia from 2012 to 2017, with projections up to 2022. In 2017, the average inflation rate in Malaysia amounted to about 3.8 percent compared to the previous year.
Malaysia's economy is slowly recovering

The inflation rate is the annual rate of increase of a price index, normally the consumer price index over time. If the same item bought today for 1 U.S. dollar is bought again one year from now, but for 1.03 U.S. dollars, then the inflation rate is at 3 percent. Generally, a low inflation rate is sought by every country, and a rate of 3 percent, as is estimated for Malaysia in the next few years, is considered low. However, there was a slight rise in Malaysia’s inflation rate, from close to 2 percent in 2010 to a little over 3 percent in 2011. In 2012, it dropped back down to its normal rate, but future estimates predict a slight increase once again. Perhaps this increase has come from initial worries concerning the country’s slowing economy as the country’s GDP growth slowed from 7.43 percent in 2010 to 5.19 percent in 2011, or its negative budget balance in relation to GDP which was at its recent worst in 2010 at -4.66 percent. At the same time, the country’s national debt was also rising, but predictions show that this trend is reversing. Yet, the economic outlook and inflation rate still appear stable for the future of Malaysia, and the inflation rate is below the global inflation rate. Furthermore, the country’s GDP continues to rise and totaled 326.93 billion U.S. dollars in 2013.
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Malaysia: Inflation rate from 2012 to 2022 (compared to the previous year)

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Inflation rate compared to previous year
2022*2.41%
2021*2.51%
2020*2.55%
2019*2.29%
2018*1%
20173.8%
20162.08%
20152.1%
20143.14%
20132.11%
20121.66%
Inflation rate compared to previous year
2022*2.41%
2021*2.51%
2020*2.55%
2019*2.29%
2018*1%
20173.8%
20162.08%
20152.1%
20143.14%
20132.11%
20121.66%
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This statistic shows the average inflation rate in Malaysia from 2012 to 2017, with projections up to 2022. In 2017, the average inflation rate in Malaysia amounted to about 3.8 percent compared to the previous year.
Malaysia's economy is slowly recovering

The inflation rate is the annual rate of increase of a price index, normally the consumer price index over time. If the same item bought today for 1 U.S. dollar is bought again one year from now, but for 1.03 U.S. dollars, then the inflation rate is at 3 percent. Generally, a low inflation rate is sought by every country, and a rate of 3 percent, as is estimated for Malaysia in the next few years, is considered low. However, there was a slight rise in Malaysia’s inflation rate, from close to 2 percent in 2010 to a little over 3 percent in 2011. In 2012, it dropped back down to its normal rate, but future estimates predict a slight increase once again. Perhaps this increase has come from initial worries concerning the country’s slowing economy as the country’s GDP growth slowed from 7.43 percent in 2010 to 5.19 percent in 2011, or its negative budget balance in relation to GDP which was at its recent worst in 2010 at -4.66 percent. At the same time, the country’s national debt was also rising, but predictions show that this trend is reversing. Yet, the economic outlook and inflation rate still appear stable for the future of Malaysia, and the inflation rate is below the global inflation rate. Furthermore, the country’s GDP continues to rise and totaled 326.93 billion U.S. dollars in 2013.
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Release date
October 2018
Region
Malaysia
Survey time period
2012 to 2017
Supplementary notes
* Estimate.

Figures have been rounded.
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