Military Expenditure in Madagascar increased to 72.90 USD Million in 2018 from 66.90 USD Million in 2017.

Military Expenditure in Madagascar averaged 76.32 USD Million from 1964 until 2018, reaching an all time high of 133 USD Million in 1979 and a record low of 42.80 USD Million in 1964. Madagascar Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Madagascar is expected to reach 69.20 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Military Expenditure is projected to trend around 75.00 USD Million in 2021, according to our econometric models.

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Madagascar Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
72.90 66.90 133.00 42.80 1964 - 2018 USD Million Yearly
constant 2016 prices

Madagascar Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.10 30.30 111.88 24.30 percent [+]
Government Budget -2.40 -1.50 -0.39 -4.65 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 72.90 66.90 133.00 42.80 USD Million [+]