Malaysia Annual Inflation Rate
Malaysia's annual inflation rate fell to 1.83% in 2024, down from 2.49% in 2023, according to World Bank. This represents a decrease of 0.66% from the previous year. Malaysia has annual inflation rate lower than the global median (1.83% vs median 3.16%). Compared with the median in Asia, Malaysia is lower (1.83% vs regional median 2.56%) and ranks 28th out of 44 countries in Asia.
Yearly Historical Data (1960-2024)
(in %)Malaysia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Malaysia.