Military expenditure in Madagascar

Madagascar: Military expenditure was 121.63 million current USD in 2024. ◆ Volatile

Latest (2024)
121.63 million current USD
Change on year
up 19.4%
World rank
140th
of 168 countries
All-time high
121.63 million current USD
in 2024
All-time low
1.60 million current USD
in 1960
Years of data
63
1960–2024

Military expenditure in Madagascar, 1960–2024

025.0M50.0M75.0M100.0M125.0M196019922024

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 140th out of 168 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.

Military expenditure in Madagascar, year by year

Annual values for Military expenditure (current USD) in Madagascar, 1960 to 2024.
Year current USD Change
1960 1.60 million current USD —
1961 8.48 million current USD +428.8%
1962 9.18 million current USD +8.2%
1963 8.96 million current USD -2.4%
1964 9.46 million current USD +5.6%
1965 10.71 million current USD +13.3%
1966 11.34 million current USD +5.9%
1967 12.11 million current USD +6.8%
1968 13.04 million current USD +7.7%
1969 13.01 million current USD -0.2%
1970 12.13 million current USD -6.8%
1971 12.76 million current USD +5.1%
1972 16.13 million current USD +26.4%
1973 20.35 million current USD +26.1%
1974 25.88 million current USD +27.2%
1975 30.19 million current USD +16.6%
1976 33.04 million current USD +9.4%
1977 43.96 million current USD +33.0%
1978 52.18 million current USD +18.7%
1979 81.89 million current USD +56.9%
1980 90.40 million current USD +10.4%
1981 86.48 million current USD -4.3%
1984 55.06 million current USD -36.3%
1985 50.87 million current USD -7.6%
1986 50.57 million current USD -0.6%
1987 36.66 million current USD -27.5%
1988 32.90 million current USD -10.3%
1989 30.25 million current USD -8.1%
1990 37.95 million current USD +25.5%
1991 34.71 million current USD -8.5%
1992 23.10 million current USD -33.4%
1993 37.83 million current USD +63.8%
1994 27.58 million current USD -27.1%
1995 27.17 million current USD -1.5%
1996 49.44 million current USD +82.0%
1997 52.54 million current USD +6.3%
1998 50.45 million current USD -4.0%
1999 45.04 million current USD -10.7%
2000 47.21 million current USD +4.8%
2001 65.04 million current USD +37.8%
2002 57.74 million current USD -11.2%
2003 72.52 million current USD +25.6%
2004 54.47 million current USD -24.9%
2005 54.02 million current USD -0.8%
2006 53.91 million current USD -0.2%
2007 81.94 million current USD +52.0%
2008 103.27 million current USD +26.0%
2009 70.99 million current USD -31.3%
2010 56.92 million current USD -19.8%
2011 71.99 million current USD +26.5%
2012 68.64 million current USD -4.7%
2013 71.88 million current USD +4.7%
2014 69.68 million current USD -3.1%
2015 58.93 million current USD -15.4%
2016 59.40 million current USD +0.8%
2017 66.91 million current USD +12.6%
2018 73.26 million current USD +9.5%
2019 76.58 million current USD +4.5%
2020 87.36 million current USD +14.1%
2021 99.19 million current USD +13.5%
2022 98.15 million current USD -1.0%
2023 101.87 million current USD +3.8%
2024 121.63 million current USD +19.4%

Madagascar compared with similar countries

  • Madagascar's 121.63 million current USD is below the median for low income countries, which is 375.21 million current USD, 32% of the median. (25 countries reporting)
  • Madagascar's 121.63 million current USD is below the median for Sub-Saharan Africa, which is 293.92 million current USD, 41% of 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% 1.60 million current USD 8.48 million current USD

Averages by decade

DecadeAverage LowestHighest 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

  1. 137 Benin 154.11 million current USD compare
  2. 138 Montenegro 150.03 million current USD compare
  3. 139 Cuba 128.61 million current USD compare
  4. 141 Malawi 117.59 million current USD compare
  5. 142 Equatorial Guinea 113.14 million current USD compare
  6. 143 Turkmenistan 111.92 million current USD compare

See the full ranking of 212 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 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 140th out of 168 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.

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Military expenditure in Madagascar. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 03 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/madagascar/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,618 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)