Estonia vs Madagascar: Total reserves minus gold

Estonia
2.40 billion current US$
in 2025
Madagascar
2.78 billion current US$
in 2024
Estonia rank
124th
Madagascar rank
121st

Total reserves minus gold over time

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

How they compare

Madagascar currently reports 2.78 billion current US$ against 2.40 billion current US$ in Estonia, a difference of 380.71 million current US$.

That makes Madagascar's figure about 1.2 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 124th and Madagascar ranks 121st of 181 countries.

Individual pages

About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
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

This series includes external assets (excluding 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.