Military expenditure in Madagascar
Madagascar: Military expenditure was 552.02 billion current LCU in 2024. ◆ Volatile
Military expenditure in Madagascar, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Madagascar is 552.02 billion current LCU, measured in 2024. That is the highest value across all 63 years on record.
The figure is up 21.7% on the previous year and up 228.1% over ten years.
Over the whole period, military expenditure in Madagascar peaked at 552.02 billion current LCU in 2024 and was at its lowest, 79.20 million current LCU, in 1960.
Madagascar ranks 37th of 167 countries on this measure, in the top 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 | 486.70 million current LCU | 79.20 million current LCU | 676.00 million current LCU | 10 |
| 1970s | 1.52 billion current LCU | 674.00 million current LCU | 3.48 billion current LCU | 10 |
| 1980s | 6.91 billion current LCU | 3.82 billion current LCU | 9.70 billion current LCU | 8 |
| 1990s | 29.24 billion current LCU | 8.61 billion current LCU | 56.60 billion current LCU | 10 |
| 2000s | 111.26 billion current LCU | 63.90 billion current LCU | 176.43 billion current LCU | 10 |
| 2010s | 183.42 billion current LCU | 118.97 billion current LCU | 278.32 billion current LCU | 10 |
| 2020s | 424.41 billion current LCU | 332.78 billion current LCU | 552.02 billion current LCU | 5 |
Countries ranked near Madagascar
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 552.02 billion current LCU 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 552.02 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Madagascar?
- The lowest recorded value was 79.20 million current LCU in 1960.
- How does Madagascar rank for military expenditure?
- Madagascar ranks 37th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Madagascar?
- Over the last ten years it is up 228.1%. 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 LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)