Which has higher reserves excluding gold, Bahamas or Madagascar?

Madagascar, at 2.14 billion SDR against 2.02 billion SDR in Bahamas as of 2024.

What is the difference in reserves excluding gold between Bahamas and Madagascar?

116.93 million SDR, with Madagascar ahead.

How many years of comparable data are there for Bahamas and Madagascar?

57 years are reported by both, from 1968 to 2024.

Where does this data come from?

International Monetary Fund, published as Reserves excluding gold (SDR). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Bahamas vs Madagascar: Reserves excluding gold

Bahamas

2.02 billion SDR

in 2024

Madagascar

2.14 billion SDR

in 2024

Bahamas rank

122nd

Madagascar rank

120th

Reserves excluding gold over time

Bahamas
Madagascar

How they compare

Madagascar currently reports 2.14 billion SDR against 2.02 billion SDR in Bahamas, a difference of 116.93 million SDR.

That makes Madagascar's figure about 1.1 times Bahamas's.

The two have swapped places 17 times across 57 shared years of data; in 1968 it was Bahamas ahead.

Bahamas ranks 122nd and Madagascar ranks 120th of 188 countries.

Across the 7 decades both report, Bahamas averaged higher in 5 and Madagascar in 2.

Head to head by decade

Decade	Bahamas	Madagascar	Difference	Ahead
1960s	35.23 million SDR	24.98 million SDR	10.25 million SDR	Bahamas
1970s	40.45 million SDR	39.73 million SDR	718,525 SDR	Bahamas
1980s	125.71 million SDR	75.72 million SDR	49.99 million SDR	Bahamas
1990s	155.05 million SDR	103.28 million SDR	51.77 million SDR	Bahamas
2000s	359.08 million SDR	393.04 million SDR	33.97 million SDR	Madagascar
2010s	767.68 million SDR	820.61 million SDR	52.93 million SDR	Madagascar
2020s	1.85 billion SDR	1.75 billion SDR	95.99 million SDR	Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher reserves excluding gold, Bahamas or Madagascar?: Madagascar, at 2.14 billion SDR against 2.02 billion SDR in Bahamas as of 2024.
What is the difference in reserves excluding gold between Bahamas and Madagascar?: 116.93 million SDR, with Madagascar ahead.
How many years of comparable data are there for Bahamas and Madagascar?: 57 years are reported by both, from 1968 to 2024.
How do Bahamas and Madagascar rank globally for reserves excluding gold?: Bahamas ranks 122nd and Madagascar ranks 120th of 188 countries.
Where does this data come from?: International Monetary Fund, published as Reserves excluding gold (SDR). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bahamas vs Madagascar: Reserves excluding gold. Statizoid, drawing on International Monetary Fund. Retrieved 04 October 2026, from https://financial-sector.statizoid.com/compare/reserves-excluding-gold-sdr-3/bahamas-the/madagascar/

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About this data

Indicator: Reserves excluding gold (SDR)
Unit: SDR
Source: International Monetary Fund
Licence: IMF Terms and Conditions (attribution required)
Coverage: 208 places, 11,411 data points, 1950–2025
Last refreshed: 19 August 2026

International Liquidity (IL) 2026 April