Total reserves (includes gold, current US$) in Madagascar
Madagascar: Total reserves (includes gold, current US$) was 2.78 billion includes gold, current US$ in 2024. ◆ Volatile
Latest (2024)
2.78 billion includes gold, current US$
Change on year
up 5.8%
World rank
126th
of 183 countries
All-time high
2.78 billion includes gold, current US$
in 2024
All-time low
5.04 million includes gold, current US$
in 1979
Years of data
63
1962–2024
Total reserves in Madagascar, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
Madagascar recorded 2.78 billion includes gold, current US$ for total reserves in 2024. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 259.9% over ten years.
Over the whole period, total reserves in Madagascar peaked at 2.78 billion includes gold, current US$ in 2024 and was at its lowest, 5.04 million includes gold, current US$, in 1979.
Madagascar ranks 126th of 183 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves (includes gold, current US$) in Madagascar, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1962 | 48.00 million includes gold, current US$ | — |
| 1963 | 42.80 million includes gold, current US$ | -10.8% |
| 1964 | 51.08 million includes gold, current US$ | +19.3% |
| 1965 | 49.88 million includes gold, current US$ | -2.3% |
| 1966 | 51.48 million includes gold, current US$ | +3.2% |
| 1967 | 42.88 million includes gold, current US$ | -16.7% |
| 1968 | 30.58 million includes gold, current US$ | -28.7% |
| 1969 | 19.38 million includes gold, current US$ | -36.6% |
| 1970 | 37.12 million includes gold, current US$ | +91.5% |
| 1971 | 46.35 million includes gold, current US$ | +24.8% |
| 1972 | 52.24 million includes gold, current US$ | +12.7% |
| 1973 | 67.90 million includes gold, current US$ | +30.0% |
| 1974 | 49.41 million includes gold, current US$ | -27.2% |
| 1975 | 35.58 million includes gold, current US$ | -28.0% |
| 1976 | 42.16 million includes gold, current US$ | +18.5% |
| 1977 | 68.92 million includes gold, current US$ | +63.5% |
| 1978 | 59.22 million includes gold, current US$ | -14.1% |
| 1979 | 5.04 million includes gold, current US$ | -91.5% |
| 1980 | 9.10 million includes gold, current US$ | +80.6% |
| 1981 | 26.52 million includes gold, current US$ | +191.4% |
| 1982 | 19.96 million includes gold, current US$ | -24.7% |
| 1983 | 29.23 million includes gold, current US$ | +46.4% |
| 1984 | 58.90 million includes gold, current US$ | +101.5% |
| 1985 | 48.44 million includes gold, current US$ | -17.8% |
| 1986 | 114.52 million includes gold, current US$ | +136.4% |
| 1987 | 185.20 million includes gold, current US$ | +61.7% |
| 1988 | 223.72 million includes gold, current US$ | +20.8% |
| 1989 | 245.27 million includes gold, current US$ | +9.6% |
| 1990 | 92.08 million includes gold, current US$ | -62.5% |
| 1991 | 88.86 million includes gold, current US$ | -3.5% |
| 1992 | 84.43 million includes gold, current US$ | -5.0% |
| 1993 | 80.64 million includes gold, current US$ | -4.5% |
| 1994 | 71.64 million includes gold, current US$ | -11.2% |
| 1995 | 108.96 million includes gold, current US$ | +52.1% |
| 1996 | 240.88 million includes gold, current US$ | +121.1% |
| 1997 | 281.60 million includes gold, current US$ | +16.9% |
| 1998 | 171.38 million includes gold, current US$ | -39.1% |
| 1999 | 227.19 million includes gold, current US$ | +32.6% |
| 2000 | 285.18 million includes gold, current US$ | +25.5% |
| 2001 | 398.35 million includes gold, current US$ | +39.7% |
| 2002 | 363.27 million includes gold, current US$ | -8.8% |
| 2003 | 414.27 million includes gold, current US$ | +14.0% |
| 2004 | 503.52 million includes gold, current US$ | +21.5% |
| 2005 | 481.29 million includes gold, current US$ | -4.4% |
| 2006 | 583.18 million includes gold, current US$ | +21.2% |
| 2007 | 846.68 million includes gold, current US$ | +45.2% |
| 2008 | 982.31 million includes gold, current US$ | +16.0% |
| 2009 | 982.08 million includes gold, current US$ | -0.0% |
| 2010 | 1.02 billion includes gold, current US$ | +4.2% |
| 2011 | 1.13 billion includes gold, current US$ | +10.9% |
| 2012 | 1.05 billion includes gold, current US$ | -7.2% |
| 2013 | 776.15 million includes gold, current US$ | -26.3% |
| 2014 | 773.82 million includes gold, current US$ | -0.3% |
| 2015 | 832.01 million includes gold, current US$ | +7.5% |
| 2016 | 1.18 billion includes gold, current US$ | +42.3% |
| 2017 | 1.60 billion includes gold, current US$ | +35.2% |
| 2018 | 1.74 billion includes gold, current US$ | +8.7% |
| 2019 | 1.69 billion includes gold, current US$ | -2.7% |
| 2020 | 1.98 billion includes gold, current US$ | +17.0% |
| 2021 | 2.33 billion includes gold, current US$ | +17.9% |
| 2022 | 2.16 billion includes gold, current US$ | -7.5% |
| 2023 | 2.63 billion includes gold, current US$ | +21.9% |
| 2024 | 2.78 billion includes gold, current US$ | +5.8% |
Madagascar compared with similar countries
- Madagascar's 2.78 billion includes gold, current US$ is above the median for low income countries, which is 939.84 million includes gold, current US$, 3.0× the median. (20 countries reporting)
- Madagascar's 2.78 billion includes gold, current US$ is above the median for Sub-Saharan Africa, which is 1.30 billion includes gold, current US$, 2.1× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total reserves (includes gold, current US$) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +191.4% | 9.10 million includes gold, current US$ | 26.52 million includes gold, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.01 million includes gold, current US$ | 19.38 million includes gold, current US$ | 51.48 million includes gold, current US$ | 8 |
| 1970s | 46.39 million includes gold, current US$ | 5.04 million includes gold, current US$ | 68.92 million includes gold, current US$ | 10 |
| 1980s | 96.09 million includes gold, current US$ | 9.10 million includes gold, current US$ | 245.27 million includes gold, current US$ | 10 |
| 1990s | 144.77 million includes gold, current US$ | 71.64 million includes gold, current US$ | 281.60 million includes gold, current US$ | 10 |
| 2000s | 584.01 million includes gold, current US$ | 285.18 million includes gold, current US$ | 982.31 million includes gold, current US$ | 10 |
| 2010s | 1.18 billion includes gold, current US$ | 773.82 million includes gold, current US$ | 1.74 billion includes gold, current US$ | 10 |
| 2020s | 2.38 billion includes gold, current US$ | 1.98 billion includes gold, current US$ | 2.78 billion includes gold, current US$ | 5 |
Countries ranked near Madagascar
- 123 Luxembourg 3.06 billion includes gold, current US$ compare
- 124 Cyprus 2.95 billion includes gold, current US$ compare
- 125 Bahamas 2.81 billion includes gold, current US$ compare
- 127 Estonia 2.44 billion includes gold, current US$ compare
- 128 Aruba 2.23 billion includes gold, current US$ compare
- 129 Montenegro 2.20 billion includes gold, current US$ compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
Frequently asked questions
- What is total reserves in Madagascar?
- Total reserves in Madagascar was 2.78 billion includes gold, current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Madagascar?
- The highest recorded value was 2.78 billion includes gold, current US$ in 2024.
- What is the lowest total reserves recorded in Madagascar?
- The lowest recorded value was 5.04 million includes gold, current US$ in 1979.
- How does Madagascar rank for total reserves?
- Madagascar ranks 126th out of 183 countries with data for 2024.
- Is total reserves rising or falling in Madagascar?
- Over the last ten years it is up 259.9%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
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.