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.

Military spending in Madagascar, year by year

Annual values for Military spending in Madagascar, 1964 to 2025.
Year constant 2024 US$ Change
1964 47.34 million constant 2024 US$ —
1965 51.47 million constant 2024 US$ +8.7%
1966 52.81 million constant 2024 US$ +2.6%
1967 55.94 million constant 2024 US$ +5.9%
1968 59.67 million constant 2024 US$ +6.7%
1969 60.32 million constant 2024 US$ +1.1%
1970 58.46 million constant 2024 US$ -3.1%
1971 58.19 million constant 2024 US$ -0.5%
1972 63.35 million constant 2024 US$ +8.9%
1973 66.60 million constant 2024 US$ +5.1%
1974 74.93 million constant 2024 US$ +12.5%
1975 71.93 million constant 2024 US$ -4.0%
1976 83.60 million constant 2024 US$ +16.2%
1977 110.92 million constant 2024 US$ +32.7%
1978 113.52 million constant 2024 US$ +2.3%
1979 147.24 million constant 2024 US$ +29.7%
1980 136.56 million constant 2024 US$ -7.3%
1981 128.72 million constant 2024 US$ -5.7%
1984 100.66 million constant 2024 US$ -21.8%
1985 96.64 million constant 2024 US$ -4.0%
1986 85.66 million constant 2024 US$ -11.4%
1987 85.38 million constant 2024 US$ -0.3%
1988 79.50 million constant 2024 US$ -6.9%
1989 76.39 million constant 2024 US$ -3.9%
1990 79.89 million constant 2024 US$ +4.6%
1991 82.65 million constant 2024 US$ +3.5%
1992 48.79 million constant 2024 US$ -41.0%
1993 74.57 million constant 2024 US$ +52.8%
1994 62.71 million constant 2024 US$ -15.9%
1995 57.63 million constant 2024 US$ -8.1%
1996 83.38 million constant 2024 US$ +44.7%
1997 106.30 million constant 2024 US$ +27.5%
1998 102.71 million constant 2024 US$ -3.4%
1999 96.32 million constant 2024 US$ -6.2%
2000 97.22 million constant 2024 US$ +0.9%
2001 120.82 million constant 2024 US$ +24.3%
2002 95.48 million constant 2024 US$ -21.0%
2003 110.55 million constant 2024 US$ +15.8%
2004 109.98 million constant 2024 US$ -0.5%
2005 98.76 million constant 2024 US$ -10.2%
2006 95.17 million constant 2024 US$ -3.6%
2007 114.72 million constant 2024 US$ +20.5%
2008 120.60 million constant 2024 US$ +5.1%
2009 87.12 million constant 2024 US$ -27.8%
2010 68.32 million constant 2024 US$ -21.6%
2011 76.47 million constant 2024 US$ +11.9%
2012 74.76 million constant 2024 US$ -2.2%
2013 74.38 million constant 2024 US$ -0.5%
2014 74.37 million constant 2024 US$ -0.0%
2015 71.15 million constant 2024 US$ -4.3%
2016 73.24 million constant 2024 US$ +2.9%
2017 74.28 million constant 2024 US$ +1.4%
2018 80.35 million constant 2024 US$ +8.2%
2019 86.72 million constant 2024 US$ +7.9%
2020 99.51 million constant 2024 US$ +14.7%
2021 106.94 million constant 2024 US$ +7.5%
2022 105.90 million constant 2024 US$ -1.0%
2023 107.84 million constant 2024 US$ +1.8%
2024 121.98 million constant 2024 US$ +13.1%
2025 110.60 million constant 2024 US$ -9.3%

Madagascar compared with similar countries

  • Madagascar's 110.60 million constant 2024 US$ is below the median for low income countries, which is 193.28 million constant 2024 US$, 57% of the median. (22 countries reporting)
  • Madagascar's 110.60 million constant 2024 US$ is below the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 33% of the median. (45 countries reporting)

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. 136 Malta 116.81 million constant 2024 US$ compare
  2. 137 Nicaragua 114.56 million constant 2024 US$ compare
  3. 138 Equatorial Guinea 112.50 million constant 2024 US$ compare
  4. 140 Papua New Guinea 109.46 million constant 2024 US$ compare
  5. 141 Moldova 102.67 million constant 2024 US$ compare
  6. 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.

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Military spending in Madagascar. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-sipri/madagascar/

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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.