The ratio of military expenditure to gross domestic product (GDP) in Madagascar decreased by 0.04 percentage points (-5.8 percent) in 2022 in comparison to the previous year. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Rwanda and Zambia.
Madagascar: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (October 24, 2024). Madagascar: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/810489/ratio-of-military-expenditure-to-gross-domestic-product-gdp-madagascar/
World Bank. "Madagascar: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/810489/ratio-of-military-expenditure-to-gross-domestic-product-gdp-madagascar/
World Bank. (2024). Madagascar: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/810489/ratio-of-military-expenditure-to-gross-domestic-product-gdp-madagascar/
World Bank. "Madagascar: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/810489/ratio-of-military-expenditure-to-gross-domestic-product-gdp-madagascar/
World Bank, Madagascar: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810489/ratio-of-military-expenditure-to-gross-domestic-product-gdp-madagascar/ (last visited November 05, 2024)
Madagascar: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/810489/ratio-of-military-expenditure-to-gross-domestic-product-gdp-madagascar/
