Estonia vs Madagascar: Total reserves

Estonia
2.44 billion includes gold, current US$
in 2025
Madagascar
2.78 billion includes gold, current US$
in 2024
Estonia rank
126th
Madagascar rank
124th

Total reserves over time

  • Estonia
  • Madagascar
01.0B2.0B3.0B4.0B196219932025

How they compare

Madagascar currently reports 2.78 billion includes gold, current US$ against 2.44 billion includes gold, current US$ in Estonia, a difference of 345.77 million includes gold, current US$.

That makes Madagascar's figure about 1.1 times Estonia's.

The two have swapped places 3 times across 33 shared years of data; in 1992 it was Estonia ahead.

Globally, Estonia ranks 126th and Madagascar ranks 124th of 181 countries.

Individual pages

About this data

Indicator
Total reserves (includes gold, current US$)
Unit
includes gold, current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 9,490 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.