Military expenditure in dollars — all countries

Military expenditure in dollars — Madagascar

Military expenditure in dollars in Madagascar in 2024 — 121,634,247 US$. Ranked 127 in the world out of 151. Since 1960, the indicator has risen by 7,482.3%.

2024 122M US$ +19.41% vs 2023
World rank 127of 151
Period maximum 122M US$2024
Period minimum 1.6M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Madagascar, 1960–2024050M100M150M19601967197419811988199520022009201620231960: 1,604,194 US$1962: 9,179,552 US$1964: 9,455,020 US$1966: 11,342,783 US$1968: 13,044,200 US$1970: 12,134,983 US$1972: 16,129,256 US$1974: 25,882,465 US$1976: 33,040,454 US$1978: 52,181,427 US$1980: 90,402,005 US$1984: 55,059,872 US$1986: 50,566,283 US$1988: 32,904,439 US$1990: 37,948,124 US$1992: 23,102,633 US$1994: 27,580,946 US$1996: 49,442,906 US$1998: 50,446,576 US$2000: 47,210,935 US$2002: 57,743,397 US$2004: 54,471,710 US$2006: 53,914,018 US$2008: 103,271,540 US$2010: 56,922,893 US$2012: 68,636,018 US$2014: 69,676,655 US$2016: 59,394,996 US$2018: 73,258,425 US$2020: 87,357,752 US$2022: 98,149,169 US$2024: 121,634,247 US$
Change over the period: +120M (+7,482.27%) Average annual rate: 7 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Madagascar

Madagascar 122M US$
World 2.65T US$
Sub-Saharan Africa 21.67B US$
Eastern Africa computed 7.96B US$
Low-income countries computed 9.52B US$
Military expenditure in dollars — Madagascar, by year Madagascar All countries CSV XLSX
Year US$ Change Change, %
2024 122M +19.77M +19.41%
2023 102M +3.72M +3.79%
2022 98.15M −1.04M −1.05%
2021 99.19M +11.83M +13.54%
2020 87.36M +10.78M +14.08%
2019 76.58M +3.32M +4.53%
2018 73.26M +6.35M +9.49%
2017 66.91M +7.51M +12.65%
2016 59.39M +462,148 +0.78%
2015 58.93M −10.74M −15.42%
2014 69.68M −2.2M −3.06%
2013 71.88M +3.24M +4.72%
2012 68.64M −3.35M −4.66%
2011 71.99M +15.07M +26.47%
2010 56.92M −14.06M −19.81%
2009 70.99M −32.29M −31.26%
2008 103M +21.33M +26.04%
2007 81.94M +28.02M +51.98%
2006 53.91M −104,145 −0.19%
2005 54.02M −453,548 −0.83%
2004 54.47M −18.05M −24.88%
2003 72.52M +14.77M +25.58%
2002 57.74M −7.29M −11.22%
2001 65.04M +17.83M +37.76%
2000 47.21M +2.17M +4.83%
1999 45.04M −5.41M −10.72%
1998 50.45M −2.1M −3.99%
1997 52.54M +3.1M +6.27%
1996 49.44M +22.27M +81.97%
1995 27.17M −410,282 −1.49%
1994 27.58M −10.25M −27.09%
1993 37.83M +14.73M +63.75%
1992 23.1M −11.6M −33.44%
1991 34.71M −3.24M −8.54%
1990 37.95M +7.7M +25.46%
1989 30.25M −2.66M −8.07%
1988 32.9M −3.76M −10.25%
1987 36.66M −13.9M −27.5%
1986 50.57M −303,561 −0.6%
1985 50.87M −4.19M −7.61%
1984 55.06M
1981 86.48M −3.92M −4.34%
1980 90.4M +8.51M +10.39%
1979 81.89M +29.71M +56.94%
1978 52.18M +8.22M +18.7%
1977 43.96M +10.92M +33.05%
1976 33.04M +2.85M +9.44%
1975 30.19M +4.31M +16.64%
1974 25.88M +5.54M +27.21%
1973 20.35M +4.22M +26.15%
1972 16.13M +3.37M +26.45%
1971 12.76M +620,695 +5.11%
1970 12.13M −879,533 −6.76%
1969 13.01M −29,684 −0.23%
1968 13.04M +931,729 +7.69%
1967 12.11M +769,689 +6.79%
1966 11.34M +631,955 +5.9%
1965 10.71M +1.26M +13.28%
1964 9.46M +498,272 +5.56%
1963 8.96M −222,805 −2.43%
1962 9.18M +696,771 +8.21%
1961 8.48M +6.88M +428.79%
1960 1.6M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.