Total reserves in months of imports in Madagascar

Madagascar: Total reserves in months of imports was 3.98 ratio in 2022. ▲ Rising

Latest (2022)
3.98 ratio
Change on year
down 27.2%
World rank
95th
of 172 countries
All-time high
5.73 ratio
in 2020
All-time low
2.02 ratio
in 2013
Years of data
23
2000–2022

Total reserves in months of imports in Madagascar, 2000–2022

02462000201120222000: 2.8 ratio2001: 3.6 ratio2002: 2.5 ratio2003: 3.4 ratio2004: 3.6 ratio2005: 2.5 ratio2006: 2.8 ratio2007: 2.9 ratio2008: 2.4 ratio2009: 2.9 ratio2010: 3.4 ratio2011: 3.3 ratio2012: 2.9 ratio2013: 2 ratio2014: 2.1 ratio2015: 2.5 ratio2016: 3.5 ratio2017: 3.9 ratio2018: 3.9 ratio2019: 3.9 ratio2020: 5.7 ratio2021: 5.5 ratio2022: 4 ratio

Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.

Analysis

In 2022, total reserves in months of imports in Madagascar stood at 3.98 ratio.

That represents a change of down 27.2% on the previous year and up 36.8% over ten years.

Over the whole period, total reserves in months of imports in Madagascar peaked at 5.73 ratio in 2020 and was at its lowest, 2.02 ratio, in 2013.

Madagascar ranks 95th of 172 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Total reserves in months of imports in Madagascar, year by year

Annual values for Total reserves in months of imports in Madagascar, 2000 to 2022.
Year ratio Change
2000 2.81 ratio
2001 3.65 ratio +29.9%
2002 2.45 ratio -32.9%
2003 3.4 ratio +38.8%
2004 3.65 ratio +7.4%
2005 2.52 ratio -31.0%
2006 2.79 ratio +10.7%
2007 2.87 ratio +2.9%
2008 2.4 ratio -16.4%
2009 2.88 ratio +20.0%
2010 3.36 ratio +16.7%
2011 3.3 ratio -1.8%
2012 2.91 ratio -11.8%
2013 2.02 ratio -30.6%
2014 2.11 ratio +4.5%
2015 2.52 ratio +19.4%
2016 3.49 ratio +38.5%
2017 3.88 ratio +11.2%
2018 3.91 ratio +0.8%
2019 3.88 ratio -0.8%
2020 5.73 ratio +47.7%
2021 5.47 ratio -4.5%
2022 3.98 ratio -27.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.94 ratio 2.4 ratio 3.65 ratio 10
2010s 3.14 ratio 2.02 ratio 3.91 ratio 10
2020s 5.06 ratio 3.98 ratio 5.73 ratio 3

Countries ranked near Madagascar

  1. 92 Uganda 4.14 ratio compare
  2. 93 Kenya 4.03 ratio compare
  3. 94 Italy 4.01 ratio compare
  4. 96 Namibia 3.93 ratio compare
  5. 97 Oman 3.69 ratio compare
  6. 98 Dominican Republic 3.65 ratio compare
  7. 98 Seychelles 3.65 ratio compare
  8. 98 Venezuela, Bolivarian Republic of 3.65 ratio compare

See the full ranking of 172 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is total reserves in months of imports in Madagascar?
Total reserves in months of imports in Madagascar was 3.98 ratio in 2022, according to International Monetary Fund – processed by Our World in Data.
What is the highest total reserves in months of imports recorded in Madagascar?
The highest recorded value was 5.73 ratio in 2020.
What is the lowest total reserves in months of imports recorded in Madagascar?
The lowest recorded value was 2.02 ratio in 2013.
How does Madagascar rank for total reserves in months of imports?
Madagascar ranks 95th out of 172 countries with data for 2022.
Is total reserves in months of imports rising or falling in Madagascar?
Over the last ten years it is up 36.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.

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Total reserves in months of imports in Madagascar. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/total-reserves-in-months-of-imports-2/madagascar/

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About this data

Indicator
Total reserves in months of imports
Unit
ratio
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 3,946 data points, 2000–2024
Last refreshed

Total reserves in months of imports (ratio).