Madagascar vs Montenegro: Total reserves (includes gold, current US$)

Madagascar
2.78 billion includes gold, current US$
in 2024
Montenegro
2.20 billion includes gold, current US$
in 2025
Madagascar rank
126th
Montenegro rank
129th

Total reserves (includes gold, current US$) over time

  • Madagascar
  • Montenegro
01.0B2.0B3.0B196219932025

How they compare

Madagascar currently reports 2.78 billion includes gold, current US$ against 2.20 billion includes gold, current US$ in Montenegro, a difference of 588.22 million includes gold, current US$.

That makes Madagascar's figure about 1.3 times Montenegro's.

The two have swapped places 2 times across 18 shared years of data; in 2007 it was Madagascar ahead.

Madagascar ranks 126th and Montenegro ranks 129th of 183 countries.

Madagascar has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Madagascar Montenegro Difference Ahead
2000s 937.02 million includes gold, current US$ 565.71 million includes gold, current US$ 371.31 million includes gold, current US$ Madagascar
2010s 1.18 billion includes gold, current US$ 787.74 million includes gold, current US$ 393.15 million includes gold, current US$ Madagascar
2020s 2.38 billion includes gold, current US$ 1.89 billion includes gold, current US$ 483.88 million includes gold, current US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves, Madagascar or Montenegro?
Madagascar, at 2.78 billion includes gold, current US$ against 2.20 billion includes gold, current US$ in Montenegro as of 2024.
What is the difference in total reserves between Madagascar and Montenegro?
588.22 million includes gold, current US$, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Montenegro?
18 years are reported by both, from 2007 to 2024.
How do Madagascar and Montenegro rank globally for total reserves?
Madagascar ranks 126th and Montenegro ranks 129th of 183 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves (includes gold, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Montenegro: Total reserves. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 12 November 2026, from https://economy.statizoid.com/compare/total-reserves-includes-gold-current-us/madagascar/montenegro/

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About this data

Indicator
Total reserves (includes gold, current US$)
Unit
includes gold, current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
184 places, 9,541 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.