What is the difference in 24_international reserves between Bulgaria and Madagascar?

116.76 million excluding gold, with Bulgaria ahead.

How many years of comparable data are there for Bulgaria and Madagascar?

35 years are reported by both, from 1991 to 2025.

Where does this data come from?

IMF, published as 24_International reserves (excluding gold). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Bulgaria vs Madagascar: 24_International reserves

Bulgaria

3.07 billion excluding gold

in 2026

Madagascar

2.96 billion excluding gold

in 2025

Bulgaria rank

115th

Madagascar rank

116th

24_International reserves over time

Bulgaria
Madagascar

How they compare

Bulgaria currently reports 3.07 billion excluding gold against 2.96 billion excluding gold in Madagascar, a difference of 116.76 million excluding gold.

Across all 35 years both countries report, Bulgaria has been ahead every year.

Bulgaria ranks 115th and Madagascar ranks 116th of 175 countries.

Bulgaria has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Bulgaria	Madagascar	Difference	Ahead
1990s	1.03 billion excluding gold	133.88 million excluding gold	901.02 million excluding gold	Bulgaria
2000s	7.84 billion excluding gold	506.19 million excluding gold	7.34 billion excluding gold	Bulgaria
2010s	19.84 billion excluding gold	1.10 billion excluding gold	18.75 billion excluding gold	Bulgaria
2020s	34.76 billion excluding gold	2.25 billion excluding gold	32.51 billion excluding gold	Bulgaria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher 24_international reserves, Bulgaria or Madagascar?: Bulgaria, at 3.07 billion excluding gold against 2.96 billion excluding gold in Madagascar as of 2026.
What is the difference in 24_international reserves between Bulgaria and Madagascar?: 116.76 million excluding gold, with Bulgaria ahead.
How many years of comparable data are there for Bulgaria and Madagascar?: 35 years are reported by both, from 1991 to 2025.
How do Bulgaria and Madagascar rank globally for 24_international reserves?: Bulgaria ranks 115th and Madagascar ranks 116th of 175 countries.
Where does this data come from?: IMF, published as 24_International reserves (excluding gold). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bulgaria vs Madagascar: 24_International reserves. Statizoid, drawing on IMF. Retrieved 28 September 2026, from https://reference.statizoid.com/compare/24-international-reserves-excluding-gold/bulgaria/madagascar/

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About this data

Indicator: 24_International reserves (excluding gold)
Unit: excluding gold
Source: IMF
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 175 places, 6,120 data points, 1990–2026
Last refreshed: 21 September 2026

The data on international reserve assets refer to entries published in the world tables of the IMF’s International Financial Statistics (IFS).