Military spending in Madagascar

Madagascar: Military spending was 110.60 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
110.60 million constant 2024 US$
Change on year
down 9.3%
World rank
139th
of 162 countries
All-time high
147.24 million constant 2024 US$
in 1979
All-time low
47.34 million constant 2024 US$
in 1964
Years of data
60
1964–2025

Military spending in Madagascar, 1964–2025

40.0M60.0M80.0M100.0M120.0M140.0M196419942025

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2025, military spending in Madagascar stood at 110.60 million constant 2024 US$.

Compared with earlier readings it is down 9.3% on the previous year and up 55.4% over ten years.

Over the whole period, military spending in Madagascar peaked at 147.24 million constant 2024 US$ in 1979 and was at its lowest, 47.34 million constant 2024 US$, in 1964.

That places Madagascar 139th out of 162 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 60 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 54.59 million constant 2024 US$ 47.34 million constant 2024 US$ 60.32 million constant 2024 US$ 6
1970s 84.88 million constant 2024 US$ 58.19 million constant 2024 US$ 147.24 million constant 2024 US$ 10
1980s 98.69 million constant 2024 US$ 76.39 million constant 2024 US$ 136.56 million constant 2024 US$ 8
1990s 79.50 million constant 2024 US$ 48.79 million constant 2024 US$ 106.30 million constant 2024 US$ 10
2000s 105.04 million constant 2024 US$ 87.12 million constant 2024 US$ 120.82 million constant 2024 US$ 10
2010s 75.40 million constant 2024 US$ 68.32 million constant 2024 US$ 86.72 million constant 2024 US$ 10
2020s 108.80 million constant 2024 US$ 99.51 million constant 2024 US$ 121.98 million constant 2024 US$ 6

Countries ranked near Madagascar

  1. 137 Nicaragua 114.56 million constant 2024 US$ compare
  2. 138 Equatorial Guinea 112.50 million constant 2024 US$ compare
  3. 140 Papua New Guinea 109.46 million constant 2024 US$ compare
  4. 141 Moldova 102.67 million constant 2024 US$ compare
  5. 142 South Sudan 102.61 million constant 2024 US$ compare

See the full ranking of 162 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 110.60 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Madagascar?
The highest recorded value was 147.24 million constant 2024 US$ in 1979.
What is the lowest military spending recorded in Madagascar?
The lowest recorded value was 47.34 million constant 2024 US$ in 1964.
How does Madagascar rank for military spending?
Madagascar ranks 139th out of 162 countries with data for 2025.
Is military spending rising or falling in Madagascar?
Over the last ten years it is up 55.4%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.