Madagascar vs Montenegro: Military spending

Madagascar
124.17 million constant 2022 US$
in 2023
Montenegro
120.89 million constant 2022 US$
in 2023
Madagascar rank
142nd
Montenegro rank
143rd

Military spending over time

  • Madagascar
  • Montenegro
050.0M100.0M150.0M200.0M196019912023

How they compare

Madagascar currently reports 124.17 million constant 2022 US$ against 120.89 million constant 2022 US$ in Montenegro, a difference of 3.28 million constant 2022 US$.

The two have swapped places 4 times across 18 shared years of data; in 2006 it was Madagascar ahead.

Madagascar ranks 142nd and Montenegro ranks 143rd of 172 countries.

Across the 3 decades both report, Madagascar averaged higher in 2 and Montenegro in 1.

Head to head by decade

Decade Madagascar Montenegro Difference Ahead
2000s 107.22 million constant 2022 US$ 78.85 million constant 2022 US$ 28.37 million constant 2022 US$ Madagascar
2010s 81.73 million constant 2022 US$ 82.90 million constant 2022 US$ 1.18 million constant 2022 US$ Montenegro
2020s 118.61 million constant 2022 US$ 111.78 million constant 2022 US$ 6.83 million constant 2022 US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Madagascar or Montenegro?
Madagascar, at 124.17 million constant 2022 US$ against 120.89 million constant 2022 US$ in Montenegro as of 2023.
What is the difference in military spending between Madagascar and Montenegro?
3.28 million constant 2022 US$, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Montenegro?
18 years are reported by both, from 2006 to 2023.
How do Madagascar and Montenegro rank globally for military spending?
Madagascar ranks 142nd and Montenegro ranks 143rd of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Montenegro: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/madagascar/montenegro/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.