Reserve assets in Madagascar

Madagascar: Reserve assets was 2.13 billion US dollar in 2022. ▲ Rising

Latest (2022)
2.13 billion US dollar
Change on year
down 6.6%
World rank
118th
of 173 countries
All-time high
2.28 billion US dollar
in 2021
All-time low
432.96 million US dollar
in 2005
Years of data
18
2005–2022

Reserve assets in Madagascar, 2005–2022

500.0M1.0B1.5B2.0B2.5B2005201320222005: 433.0M US dollar2006: 530.9M US dollar2007: 732.1M US dollar2008: 992.8M US dollar2009: 981.8M US dollar2010: 1.0B US dollar2011: 1.1B US dollar2012: 1.1B US dollar2013: 776.3M US dollar2014: 772.5M US dollar2015: 833.2M US dollar2016: 1.1B US dollar2017: 1.6B US dollar2018: 1.7B US dollar2019: 1.6B US dollar2020: 2.0B US dollar2021: 2.3B US dollar2022: 2.1B US dollar

Source: International Monetary Fund. Measured in US dollar.

Analysis

In 2022, reserve assets in Madagascar stood at 2.13 billion US dollar.

Compared with earlier readings it is down 6.6% on the previous year and up 102.8% over ten years.

Over the whole period, reserve assets in Madagascar peaked at 2.28 billion US dollar in 2021 and was at its lowest, 432.96 million US dollar, in 2005.

That places Madagascar 118th out of 173 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Reserve assets in Madagascar, year by year

Annual values for Reserve assets (Assets, Positions, US dollar) in Madagascar, 2005 to 2022.
Year US dollar Change
2005 432.96 million US dollar —
2006 530.86 million US dollar +22.6%
2007 732.13 million US dollar +37.9%
2008 992.79 million US dollar +35.6%
2009 981.75 million US dollar -1.1%
2010 1.02 billion US dollar +4.3%
2011 1.14 billion US dollar +10.9%
2012 1.05 billion US dollar -7.4%
2013 776.30 million US dollar -26.1%
2014 772.52 million US dollar -0.5%
2015 833.21 million US dollar +7.9%
2016 1.13 billion US dollar +35.9%
2017 1.56 billion US dollar +37.9%
2018 1.69 billion US dollar +8.5%
2019 1.65 billion US dollar -2.6%
2020 1.96 billion US dollar +19.1%
2021 2.28 billion US dollar +16.1%
2022 2.13 billion US dollar -6.6%

Madagascar compared with similar countries

  • Madagascar's 2.13 billion US dollar is above the median for low income countries, which is 1.04 billion US dollar, 2.1× the median. (15 countries reporting)
  • Madagascar's 2.13 billion US dollar is above the median for Sub-Saharan Africa, which is 1.64 billion US dollar, 1.3× the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 734.10 million US dollar 432.96 million US dollar 992.79 million US dollar 5
2010s 1.16 billion US dollar 772.52 million US dollar 1.69 billion US dollar 10
2020s 2.13 billion US dollar 1.96 billion US dollar 2.28 billion US dollar 3

Countries ranked near Madagascar

  1. 115 Estonia 2.44 billion US dollar compare
  2. 116 Rwanda 2.41 billion US dollar compare
  3. 117 Montenegro 2.20 billion US dollar compare
  4. 119 West Bank and Gaza 1.82 billion US dollar compare
  5. 120 Togo 1.66 billion US dollar compare
  6. 121 Sudan 1.63 billion US dollar compare

See the full ranking of 176 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is reserve assets in Madagascar?
Reserve assets in Madagascar was 2.13 billion US dollar in 2022, according to International Monetary Fund.
What is the highest reserve assets recorded in Madagascar?
The highest recorded value was 2.28 billion US dollar in 2021.
What is the lowest reserve assets recorded in Madagascar?
The lowest recorded value was 432.96 million US dollar in 2005.
How does Madagascar rank for reserve assets?
Madagascar ranks 118th out of 173 countries with data for 2022.
Is reserve assets rising or falling in Madagascar?
Over the last ten years it is up 102.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from International Monetary Fund, published as part of Reserve assets (Assets, Positions, US dollar). Statizoid updates them automatically from the source API.

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Reserve assets in Madagascar. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://financial-sector.statizoid.com/stat/reserve-assets-assets-positions-us-dollar/madagascar/

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About this data

Indicator
Reserve assets (Assets, Positions, US dollar)
Unit
US dollar
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
176 places, 4,530 data points, 1948–2025
Last refreshed

The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.