Total reserves minus gold in Madagascar
Madagascar: Total reserves minus gold was 2.78 billion current US$ in 2024. ◆ Volatile
Total reserves minus gold in Madagascar, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for total reserves minus gold in Madagascar is 2.78 billion current US$, measured in 2024. That is the highest value across all 63 years on record.
That represents a change of up 5.8% on the previous year and up 259.9% over ten years.
Over the whole period, total reserves minus gold in Madagascar peaked at 2.78 billion current US$ in 2024 and was at its lowest, 5.04 million current US$, in 1979.
Madagascar ranks 121st of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1962 | 48.00 million current US$ | — |
| 1963 | 42.80 million current US$ | -10.8% |
| 1964 | 51.08 million current US$ | +19.3% |
| 1965 | 49.88 million current US$ | -2.3% |
| 1966 | 51.48 million current US$ | +3.2% |
| 1967 | 42.88 million current US$ | -16.7% |
| 1968 | 30.58 million current US$ | -28.7% |
| 1969 | 19.38 million current US$ | -36.6% |
| 1970 | 37.12 million current US$ | +91.5% |
| 1971 | 46.35 million current US$ | +24.8% |
| 1972 | 52.24 million current US$ | +12.7% |
| 1973 | 67.90 million current US$ | +30.0% |
| 1974 | 49.41 million current US$ | -27.2% |
| 1975 | 35.58 million current US$ | -28.0% |
| 1976 | 42.16 million current US$ | +18.5% |
| 1977 | 68.92 million current US$ | +63.5% |
| 1978 | 59.22 million current US$ | -14.1% |
| 1979 | 5.04 million current US$ | -91.5% |
| 1980 | 9.10 million current US$ | +80.6% |
| 1981 | 26.52 million current US$ | +191.4% |
| 1982 | 19.96 million current US$ | -24.7% |
| 1983 | 29.23 million current US$ | +46.4% |
| 1984 | 58.90 million current US$ | +101.5% |
| 1985 | 48.44 million current US$ | -17.8% |
| 1986 | 114.52 million current US$ | +136.4% |
| 1987 | 185.20 million current US$ | +61.7% |
| 1988 | 223.72 million current US$ | +20.8% |
| 1989 | 245.27 million current US$ | +9.6% |
| 1990 | 92.08 million current US$ | -62.5% |
| 1991 | 88.86 million current US$ | -3.5% |
| 1992 | 84.43 million current US$ | -5.0% |
| 1993 | 80.64 million current US$ | -4.5% |
| 1994 | 71.64 million current US$ | -11.2% |
| 1995 | 108.96 million current US$ | +52.1% |
| 1996 | 240.88 million current US$ | +121.1% |
| 1997 | 281.60 million current US$ | +16.9% |
| 1998 | 171.38 million current US$ | -39.1% |
| 1999 | 227.19 million current US$ | +32.6% |
| 2000 | 285.18 million current US$ | +25.5% |
| 2001 | 398.35 million current US$ | +39.7% |
| 2002 | 363.27 million current US$ | -8.8% |
| 2003 | 414.27 million current US$ | +14.0% |
| 2004 | 503.52 million current US$ | +21.5% |
| 2005 | 481.29 million current US$ | -4.4% |
| 2006 | 583.18 million current US$ | +21.2% |
| 2007 | 846.68 million current US$ | +45.2% |
| 2008 | 982.31 million current US$ | +16.0% |
| 2009 | 982.08 million current US$ | -0.0% |
| 2010 | 1.02 billion current US$ | +4.2% |
| 2011 | 1.13 billion current US$ | +10.9% |
| 2012 | 1.05 billion current US$ | -7.2% |
| 2013 | 776.15 million current US$ | -26.3% |
| 2014 | 773.82 million current US$ | -0.3% |
| 2015 | 832.01 million current US$ | +7.5% |
| 2016 | 1.18 billion current US$ | +42.3% |
| 2017 | 1.60 billion current US$ | +35.2% |
| 2018 | 1.74 billion current US$ | +8.7% |
| 2019 | 1.69 billion current US$ | -2.7% |
| 2020 | 1.98 billion current US$ | +17.0% |
| 2021 | 2.33 billion current US$ | +17.9% |
| 2022 | 2.16 billion current US$ | -7.5% |
| 2023 | 2.63 billion current US$ | +21.9% |
| 2024 | 2.78 billion current US$ | +5.8% |
Madagascar compared with similar countries
- Madagascar's 2.78 billion current US$ is above the median for low income countries, which is 939.84 million current US$, 3.0× the median. (20 countries reporting)
- Madagascar's 2.78 billion current US$ is above the median for Sub-Saharan Africa, which is 1.17 billion current US$, 2.4× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total reserves minus gold in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +191.4% | 9.10 million current US$ | 26.52 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.01 million current US$ | 19.38 million current US$ | 51.48 million current US$ | 8 |
| 1970s | 46.39 million current US$ | 5.04 million current US$ | 68.92 million current US$ | 10 |
| 1980s | 96.09 million current US$ | 9.10 million current US$ | 245.27 million current US$ | 10 |
| 1990s | 144.77 million current US$ | 71.64 million current US$ | 281.60 million current US$ | 10 |
| 2000s | 584.01 million current US$ | 285.18 million current US$ | 982.31 million current US$ | 10 |
| 2010s | 1.18 billion current US$ | 773.82 million current US$ | 1.74 billion current US$ | 10 |
| 2020s | 2.38 billion current US$ | 1.98 billion current US$ | 2.78 billion current US$ | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is total reserves minus gold in Madagascar?
- Total reserves minus gold in Madagascar was 2.78 billion current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Madagascar?
- The highest recorded value was 2.78 billion current US$ in 2024.
- What is the lowest total reserves minus gold recorded in Madagascar?
- The lowest recorded value was 5.04 million current US$ in 1979.
- How does Madagascar rank for total reserves minus gold?
- Madagascar ranks 121st out of 182 countries with data for 2024.
- Is total reserves minus gold 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 minus gold (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This series includes external assets (excluding 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.