Military spending in Madagascar

Madagascar: Military spending was 124.17 million constant 2022 US$ in 2023. ▲ Rising

Latest (2023)
124.17 million constant 2022 US$
Change on year
up 5.7%
World rank
142nd
of 172 countries
All-time high
215.11 million constant 2022 US$
in 1979
All-time low
6.28 million constant 2022 US$
in 1960
Years of data
64
1960–2023

Military spending in Madagascar, 1960–2023

050.0M100.0M150.0M200.0M196019912023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Madagascar stood at 124.17 million constant 2022 US$.

That represents a change of up 5.7% on the previous year and up 50.2% over ten years.

Over the whole period, military spending in Madagascar peaked at 215.11 million constant 2022 US$ in 1979 and was at its lowest, 6.28 million constant 2022 US$, in 1960.

That places Madagascar 142nd out of 172 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 64 years of available data.

Military spending in Madagascar, year by year

Annual values for Military spending in Madagascar, 1960 to 2023.
Year constant 2022 US$ Change
1960 6.28 million constant 2022 US$
1961 13.67 million constant 2022 US$ +117.6%
1962 52.72 million constant 2022 US$ +285.8%
1963 53.15 million constant 2022 US$ +0.8%
1964 61.04 million constant 2022 US$ +14.9%
1965 73.45 million constant 2022 US$ +20.3%
1966 74.06 million constant 2022 US$ +0.8%
1967 84.07 million constant 2022 US$ +13.5%
1968 85.67 million constant 2022 US$ +1.9%
1969 83.73 million constant 2022 US$ -2.3%
1970 80.81 million constant 2022 US$ -3.5%
1971 83.76 million constant 2022 US$ +3.6%
1972 88.99 million constant 2022 US$ +6.2%
1973 89.62 million constant 2022 US$ +0.7%
1974 92.97 million constant 2022 US$ +3.7%
1975 108.63 million constant 2022 US$ +16.8%
1976 127.52 million constant 2022 US$ +17.4%
1977 156.55 million constant 2022 US$ +22.8%
1978 172.22 million constant 2022 US$ +10.0%
1979 215.11 million constant 2022 US$ +24.9%
1980 214.20 million constant 2022 US$ -0.4%
1981 184.34 million constant 2022 US$ -13.9%
1982 159.74 million constant 2022 US$ -13.3%
1983 127.32 million constant 2022 US$ -20.3%
1984 114.64 million constant 2022 US$ -10.0%
1985 103.92 million constant 2022 US$ -9.3%
1986 98.85 million constant 2022 US$ -4.9%
1987 81.23 million constant 2022 US$ -17.8%
1988 74.00 million constant 2022 US$ -8.9%
1989 67.48 million constant 2022 US$ -8.8%
1990 64.21 million constant 2022 US$ -4.8%
1991 58.92 million constant 2022 US$ -8.2%
1992 60.86 million constant 2022 US$ +3.3%
1993 62.88 million constant 2022 US$ +3.3%
1994 63.64 million constant 2022 US$ +1.2%
1995 62.26 million constant 2022 US$ -2.2%
1996 66.82 million constant 2022 US$ +7.3%
1997 73.43 million constant 2022 US$ +9.9%
1998 79.47 million constant 2022 US$ +8.2%
1999 79.13 million constant 2022 US$ -0.4%
2000 94.86 million constant 2022 US$ +19.9%
2001 115.75 million constant 2022 US$ +22.0%
2002 165.25 million constant 2022 US$ +42.8%
2003 195.95 million constant 2022 US$ +18.6%
2004 189.83 million constant 2022 US$ -3.1%
2005 134.34 million constant 2022 US$ -29.2%
2006 106.97 million constant 2022 US$ -20.4%
2007 110.86 million constant 2022 US$ +3.6%
2008 112.60 million constant 2022 US$ +1.6%
2009 98.45 million constant 2022 US$ -12.6%
2010 79.44 million constant 2022 US$ -19.3%
2011 79.17 million constant 2022 US$ -0.3%
2012 80.06 million constant 2022 US$ +1.1%
2013 82.67 million constant 2022 US$ +3.3%
2014 80.75 million constant 2022 US$ -2.3%
2015 71.15 million constant 2022 US$ -11.9%
2016 71.47 million constant 2022 US$ +0.5%
2017 82.45 million constant 2022 US$ +15.3%
2018 88.38 million constant 2022 US$ +7.2%
2019 101.71 million constant 2022 US$ +15.1%
2020 116.11 million constant 2022 US$ +14.2%
2021 116.64 million constant 2022 US$ +0.5%
2022 117.50 million constant 2022 US$ +0.7%
2023 124.17 million constant 2022 US$ +5.7%

Madagascar compared with similar countries

  • Madagascar's 124.17 million constant 2022 US$ is below the median for low income countries, which is 387.93 million constant 2022 US$, 32% of the median. (25 countries reporting)
  • Madagascar's 124.17 million constant 2022 US$ is below the median for Sub-Saharan Africa, which is 350.64 million constant 2022 US$, 35% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1962 +285.8% 13.67 million constant 2022 US$ 52.72 million constant 2022 US$
1961 +117.6% 6.28 million constant 2022 US$ 13.67 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 58.79 million constant 2022 US$ 6.28 million constant 2022 US$ 85.67 million constant 2022 US$ 10
1970s 121.62 million constant 2022 US$ 80.81 million constant 2022 US$ 215.11 million constant 2022 US$ 10
1980s 122.57 million constant 2022 US$ 67.48 million constant 2022 US$ 214.20 million constant 2022 US$ 10
1990s 67.16 million constant 2022 US$ 58.92 million constant 2022 US$ 79.47 million constant 2022 US$ 10
2000s 132.49 million constant 2022 US$ 94.86 million constant 2022 US$ 195.95 million constant 2022 US$ 10
2010s 81.73 million constant 2022 US$ 71.15 million constant 2022 US$ 101.71 million constant 2022 US$ 10
2020s 118.61 million constant 2022 US$ 116.11 million constant 2022 US$ 124.17 million constant 2022 US$ 4

Countries ranked near Madagascar

  1. 139 Malawi 142.12 million constant 2022 US$ compare
  2. 140 Benin 140.87 million constant 2022 US$ compare
  3. 141 Burundi 136.95 million constant 2022 US$ compare
  4. 143 Montenegro 120.89 million constant 2022 US$ compare
  5. 144 Malta 118.50 million constant 2022 US$ compare
  6. 145 Bahamas 118.22 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is military spending in Madagascar?
Military spending in Madagascar was 124.17 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Madagascar?
The highest recorded value was 215.11 million constant 2022 US$ in 1979.
What is the lowest military spending recorded in Madagascar?
The lowest recorded value was 6.28 million constant 2022 US$ in 1960.
How does Madagascar rank for military spending?
Madagascar ranks 142nd out of 172 countries with data for 2023.
Is military spending rising or falling in Madagascar?
Over the last ten years it is up 50.2%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Madagascar. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/madagascar/

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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.