Military Expenditure in Madagascar increased to 78.30 USD Million in 2019 from 73.30 USD Million in 2018. source: SIPRI
Military Expenditure in Madagascar averaged 76.37 USD Million from 1964 until 2019, reaching an all time high of 133 USD Million in 1979 and a record low of 42.80 USD Million in 1964. Madagascar Military Expenditure - values, historical data and charts - was last updated on May of 2021.
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.