Madagascar vs Nepal: Military spending per armed forces personnel

Madagascar
4,523 constant 2024 US$
in 2020
Nepal
4,320 constant 2024 US$
in 2020
Madagascar rank
144th
Nepal rank
147th

Military spending per armed forces personnel over time

  • Madagascar
  • Nepal
1.0k2.0k3.0k4.0k5.0k6.0k198520022020

How they compare

Madagascar currently reports 4,523 constant 2024 US$ against 4,320 constant 2024 US$ in Nepal, a difference of 203 constant 2024 US$.

The two have swapped places 4 times across 32 shared years of data; in 1985 it was Madagascar ahead.

Madagascar ranks 144th and Nepal ranks 147th of 160 countries.

Madagascar has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Madagascar Nepal Difference Ahead
1980s 4,109 constant 2024 US$ 2,695 constant 2024 US$ 1,414 constant 2024 US$ Madagascar
1990s 3,226 constant 2024 US$ 1,975 constant 2024 US$ 1,251 constant 2024 US$ Madagascar
2000s 4,778 constant 2024 US$ 2,085 constant 2024 US$ 2,692 constant 2024 US$ Madagascar
2010s 3,479 constant 2024 US$ 2,995 constant 2024 US$ 483.69 constant 2024 US$ Madagascar
2020s 4,523 constant 2024 US$ 4,320 constant 2024 US$ 203.33 constant 2024 US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending per armed forces personnel, Madagascar or Nepal?
Madagascar, at 4,523 constant 2024 US$ against 4,320 constant 2024 US$ in Nepal as of 2020.
What is the difference in military spending per armed forces personnel between Madagascar and Nepal?
203 constant 2024 US$, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Nepal?
32 years are reported by both, from 1985 to 2020.
How do Madagascar and Nepal rank globally for military spending per armed forces personnel?
Madagascar ranks 144th and Nepal ranks 147th of 160 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as Military spending per armed forces personnel. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.