Madagascar—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #131 of 156Updated April 2026
Latest Value
$121.6M
2024
YoY Change
+19.4%
2023 → 2024
Global Rank
#131
of 156 countries
Maximum
$121.6M
2024
Minimum
$47.2M
2000
CAGR
+4.0%
25 years
Last
$121.6M
Previous
$101.9M
Highest
$121.6M
Lowest
$47.2M
Source
World Bank World Development Indicators
Madagascar's military expenditure (usd) was $121.6M in 2024, ranking #131 out of 156 countries. This represents a +19.4% change from 2023. Over the past 25 years, the highest recorded value was $121.6M (2024) and the lowest was $47.2M (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $121.6M | +19.4% |
| 2023 | $101.9M | +3.8% |
| 2022 | $98.1M | -1.0% |
| 2021 | $99.2M | +13.5% |
| 2020 | $87.4M | +14.1% |
| 2019 | $76.6M | +4.5% |
| 2018 | $73.3M | +9.5% |
| 2017 | $66.9M | +12.6% |
| 2016 | $59.4M | +0.8% |
| 2015 | $58.9M | -15.4% |
| 2014 | $69.7M | -3.1% |
| 2013 | $71.9M | +4.7% |
| 2012 | $68.6M | -4.7% |
| 2011 | $72.0M | +26.5% |
| 2010 | $56.9M | -19.8% |
| 2009 | $71.0M | -31.3% |
| 2008 | $103.3M | +26.0% |
| 2007 | $81.9M | +52.0% |
| 2006 | $53.9M | -0.2% |
| 2005 | $54.0M | -0.8% |
| 2004 | $54.5M | -24.9% |
| 2003 | $72.5M | +25.6% |
| 2002 | $57.7M | -11.2% |
| 2001 | $65.0M | +37.8% |
| 2000 | $47.2M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |