Military expenditure in Madagascar

Madagascar: Military expenditure was 552.02 billion current LCU in 2024. ◆ Volatile

Latest (2024)
552.02 billion current LCU
Change on year
up 21.7%
World rank
37th
of 168 countries
All-time high
552.02 billion current LCU
in 2024
All-time low
79.20 million current LCU
in 1960
Years of data
63
1960–2024

Military expenditure in Madagascar, 1960–2024

0200.0B400.0B600.0B196019922024

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 168 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure in Madagascar, year by year

Annual values for Military expenditure (current LCU) in Madagascar, 1960 to 2024.
Year current LCU Change
1960 79.20 million current LCU
1961 418.80 million current LCU +428.8%
1962 453.20 million current LCU +8.2%
1963 442.20 million current LCU -2.4%
1964 466.80 million current LCU +5.6%
1965 528.80 million current LCU +13.3%
1966 560.00 million current LCU +5.9%
1967 598.00 million current LCU +6.8%
1968 644.00 million current LCU +7.7%
1969 676.00 million current LCU +5.0%
1970 674.00 million current LCU -0.3%
1971 707.00 million current LCU +4.9%
1972 813.00 million current LCU +15.0%
1973 907.00 million current LCU +11.6%
1974 1.25 billion current LCU +37.4%
1975 1.29 billion current LCU +3.9%
1976 1.58 billion current LCU +22.0%
1977 2.16 billion current LCU +36.8%
1978 2.35 billion current LCU +9.0%
1979 3.48 billion current LCU +47.9%
1980 3.82 billion current LCU +9.6%
1981 4.70 billion current LCU +23.0%
1984 6.35 billion current LCU +35.1%
1985 6.74 billion current LCU +6.1%
1986 6.84 billion current LCU +1.5%
1987 7.84 billion current LCU +14.6%
1988 9.26 billion current LCU +18.1%
1989 9.70 billion current LCU +4.8%
1990 11.34 billion current LCU +16.9%
1991 12.74 billion current LCU +12.3%
1992 8.61 billion current LCU -32.4%
1993 14.48 billion current LCU +68.1%
1994 16.92 billion current LCU +16.9%
1995 23.18 billion current LCU +37.0%
1996 40.16 billion current LCU +73.3%
1997 53.50 billion current LCU +33.2%
1998 54.90 billion current LCU +2.6%
1999 56.60 billion current LCU +3.1%
2000 63.90 billion current LCU +12.9%
2001 85.70 billion current LCU +34.1%
2002 78.90 billion current LCU -7.9%
2003 89.80 billion current LCU +13.8%
2004 101.80 billion current LCU +13.4%
2005 108.20 billion current LCU +6.3%
2006 115.50 billion current LCU +6.7%
2007 153.54 billion current LCU +32.9%
2008 176.43 billion current LCU +14.9%
2009 138.86 billion current LCU -21.3%
2010 118.97 billion current LCU -14.3%
2011 145.79 billion current LCU +22.5%
2012 150.65 billion current LCU +3.3%
2013 158.63 billion current LCU +5.3%
2014 168.26 billion current LCU +6.1%
2015 172.88 billion current LCU +2.7%
2016 188.71 billion current LCU +9.2%
2017 207.85 billion current LCU +10.1%
2018 244.16 billion current LCU +17.5%
2019 278.32 billion current LCU +14.0%
2020 332.78 billion current LCU +19.6%
2021 378.43 billion current LCU +13.7%
2022 405.30 billion current LCU +7.1%
2023 453.50 billion current LCU +11.9%
2024 552.02 billion current LCU +21.7%

Madagascar compared with similar countries

  • Madagascar's 552.02 billion current LCU is above the median for low income countries, which is 202.63 billion current LCU, 2.7× the median. (25 countries reporting)
  • Madagascar's 552.02 billion current LCU is above the median for Sub-Saharan Africa, which is 114.43 billion current LCU, 4.8× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military expenditure in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1961 +428.8% 79.20 million current LCU 418.80 million current LCU
1996 +73.3% 23.18 billion current LCU 40.16 billion current LCU

Averages by decade

DecadeAverage LowestHighest 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

  1. 34 Kazakhstan 567.75 billion current LCU compare
  2. 35 Mali 563.52 billion current LCU compare
  3. 36 Armenia 557.00 billion current LCU compare
  4. 38 Burundi 495.58 billion current LCU compare
  5. 39 Bangladesh 465.89 billion current LCU compare
  6. 40 Sri Lanka 402.50 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Madagascar

All data for Madagascar →

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 168 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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Military expenditure in Madagascar. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 22 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/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
168 places, 8,265 data points, 1960–2024
Last refreshed

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