Military Expenditure in Madagascar increased to 87.80 USD Million in 2020 from 76.60 USD Million in 2019. source: SIPRI
Military Expenditure in Madagascar averaged 74.89 USD Million from 1964 until 2020, reaching an all time high of 130 USD Million in 1979 and a record low of 41.80 USD Million in 1964. Madagascar Military Expenditure - values, historical data and charts - was last updated on July of 2022.
Military Expenditure in Madagascar is expected to reach 75.00 USD Million by the end of 2021, 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 2022, according to our econometric models.