Madagascar - Military Expenditure
Since 2014, Madagascar Military Expenditure jumped by 1.9% year on year. In 2019, the country was ranked number 138 among other countries in Military Expenditure with $76,576,631.11. Madagascar is overtaken by Somalia, which was ranked number 137 at $78,903,000 and is followed by Benin with $68,112,390.31. United States topped the ranking with $731,751,400,000 in 2019, that is an increase of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela recorded the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 76,576,631.11 |
| 2018 | 73,258,425.24 |
| 2017 | 66,906,090.19 |
| 2016 | 59,394,995.92 |
| 2015 | 58,932,847.76 |
Download all data from 1960 to 2019
How does Madagascar rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 137 |
#137
Somalia
|
78,903,000.00 | 2019 | +1.9 % | +5.5 % | View data | |
| 138 |
#138
Madagascar
|
76,576,631.11 | 2019 | +4.5 % | +1.9 % | View data | |
| 139 |
#139
Benin
|
68,112,390.31 | 2019 | -24.5 % | -6.0 % | View data | |