Bangladesh vs Madagascar: Military expenditure

Bangladesh
465.89 billion current LCU
in 2024
Madagascar
552.02 billion current LCU
in 2024
Bangladesh rank
39th
Madagascar rank
37th

Military expenditure over time

  • Bangladesh
  • Madagascar
0200.0B400.0B600.0B196019922024

How they compare

Madagascar currently reports 552.02 billion current LCU against 465.89 billion current LCU in Bangladesh, a difference of 86.13 billion current LCU.

That makes Madagascar's figure about 1.2 times Bangladesh's.

The two have swapped places 6 times across 50 shared years of data; in 1973 it was Madagascar ahead.

Bangladesh ranks 39th and Madagascar ranks 37th of 167 countries.

Across the 6 decades both report, Bangladesh averaged higher in 2 and Madagascar in 4.

Head to head by decade

Decade Bangladesh Madagascar Difference Ahead
1970s 1.39 billion current LCU 1.86 billion current LCU 474.58 million current LCU Madagascar
1980s 7.18 billion current LCU 6.91 billion current LCU 275.75 million current LCU Bangladesh
1990s 23.49 billion current LCU 29.24 billion current LCU 5.75 billion current LCU Madagascar
2000s 53.54 billion current LCU 111.26 billion current LCU 57.73 billion current LCU Madagascar
2010s 214.66 billion current LCU 183.42 billion current LCU 31.24 billion current LCU Bangladesh
2020s 414.97 billion current LCU 424.41 billion current LCU 9.43 billion current LCU Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Bangladesh or Madagascar?
Madagascar, at 552.02 billion current LCU against 465.89 billion current LCU in Bangladesh as of 2024.
What is the difference in military expenditure between Bangladesh and Madagascar?
86.13 billion current LCU, with Madagascar ahead.
How many years of comparable data are there for Bangladesh and Madagascar?
50 years are reported by both, from 1973 to 2024.
How do Bangladesh and Madagascar rank globally for military expenditure?
Bangladesh ranks 39th and Madagascar ranks 37th of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bangladesh vs Madagascar: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 25 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/bangladesh/madagascar/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)