Military expenditure in Madagascar
Madagascar: Military expenditure was 121.63 million current USD in 2024. ◆ Volatile
Military expenditure in Madagascar, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Madagascar is 121.63 million current USD, measured in 2024. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 19.4% on the previous year and up 74.6% over ten years.
Over the whole period, military expenditure in Madagascar peaked at 121.63 million current USD in 2024 and was at its lowest, 1.60 million current USD, in 1960.
That places Madagascar 139th out of 167 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.79 million current USD | 1.60 million current USD | 13.04 million current USD | 10 |
| 1970s | 32.85 million current USD | 12.13 million current USD | 81.89 million current USD | 10 |
| 1980s | 54.15 million current USD | 30.25 million current USD | 90.40 million current USD | 8 |
| 1990s | 38.58 million current USD | 23.10 million current USD | 52.54 million current USD | 10 |
| 2000s | 66.11 million current USD | 47.21 million current USD | 103.27 million current USD | 10 |
| 2010s | 67.42 million current USD | 56.92 million current USD | 76.58 million current USD | 10 |
| 2020s | 101.64 million current USD | 87.36 million current USD | 121.63 million current USD | 5 |
Countries ranked near Madagascar
- 136 Benin 154.11 million current USD compare
- 137 Montenegro 150.03 million current USD compare
- 138 Cuba 128.61 million current USD compare
- 140 Malawi 117.59 million current USD compare
- 141 Equatorial Guinea 113.14 million current USD compare
- 142 Turkmenistan 111.92 million current USD compare
More public sector data for Madagascar
- Arms imports 1.00 million SIPRI trend indicator values (2020)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 19.8% (2024)
- Taxes on goods and services 41.2% (2024)
- Net investment in nonfinancial assets 6.5% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 4.8% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.3% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is military expenditure in Madagascar?
- Military expenditure in Madagascar was 121.63 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Madagascar?
- The highest recorded value was 121.63 million current USD in 2024.
- What is the lowest military expenditure recorded in Madagascar?
- The lowest recorded value was 1.60 million current USD in 1960.
- How does Madagascar rank for military expenditure?
- Madagascar ranks 139th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Madagascar?
- Over the last ten years it is up 74.6%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)