Reserves excluding gold, foreign exchange (SDR), annual growth rate in Madagascar

Madagascar: Reserves excluding gold, foreign exchange (SDR), annual growth rate was 8.96 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.96 % change on previous year
Change on year
down 77.7%
World rank
76th
of 188 countries
All-time high
210.66 % change on previous year
in 1981
All-time low
-89.68 % change on previous year
in 1979
Years of data
62
1963–2024

Reserves excluding gold, foreign exchange (SDR), annual growth rate in Madagascar, 1963–2024

-1000100200196319932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Madagascar recorded 8.96 % change on previous year for reserves excluding gold, foreign exchange (sdr), annual growth rate in 2024.

The figure is down 77.7% on the previous year and down 12.4% over ten years.

Over the whole period, reserves excluding gold, foreign exchange (sdr), annual growth rate in Madagascar peaked at 210.66 % change on previous year in 1981 and was at its lowest, -89.68 % change on previous year, in 1979.

That places Madagascar 76th out of 188 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Reserves excluding gold, foreign exchange (SDR), annual growth rate in Madagascar, year by year

Annual values for Reserves excluding gold, foreign exchange (SDR), annual growth rate in Madagascar, 1963 to 2024.
Year % change on previous year Change
1963 -10.83 % change on previous year
1964 14.02 % change on previous year -229.4%
1965 -2.46 % change on previous year -117.5%
1966 1.26 % change on previous year -151.3%
1967 -17.84 % change on previous year -1515.5%
1968 -31.06 % change on previous year +74.1%
1969 -41.03 % change on previous year +32.1%
1970 79.5 % change on previous year -293.8%
1971 9.63 % change on previous year -87.9%
1972 8.43 % change on previous year -12.5%
1973 23.78 % change on previous year +182.1%
1974 -5.5 % change on previous year -123.1%
1975 -26.66 % change on previous year +384.4%
1976 16.82 % change on previous year -163.1%
1977 44.9 % change on previous year +166.9%
1978 -26.3 % change on previous year -158.6%
1979 -89.68 % change on previous year +241.0%
1980 87.98 % change on previous year -198.1%
1981 210.66 % change on previous year +139.4%
1982 -28.84 % change on previous year -113.7%
1983 76.21 % change on previous year -364.3%
1984 110.68 % change on previous year +45.2%
1985 -24.75 % change on previous year -122.4%
1986 112.44 % change on previous year -554.2%
1987 39.39 % change on previous year -65.0%
1988 27.35 % change on previous year -30.6%
1989 12.29 % change on previous year -55.1%
1990 -65.38 % change on previous year -631.9%
1991 -3.9 % change on previous year -94.0%
1992 -1.12 % change on previous year -71.2%
1993 -4.52 % change on previous year +302.3%
1994 -16.31 % change on previous year +260.9%
1995 49.37 % change on previous year -402.6%
1996 128.58 % change on previous year +160.4%
1997 24.59 % change on previous year -80.9%
1998 -41.69 % change on previous year -269.5%
1999 35.94 % change on previous year -186.2%
2000 32.3 % change on previous year -10.1%
2001 44.8 % change on previous year +38.7%
2002 -15.69 % change on previous year -135.0%
2003 4.34 % change on previous year -127.7%
2004 16.27 % change on previous year +275.0%
2005 3.89 % change on previous year -76.1%
2006 15.12 % change on previous year +289.2%
2007 38.22 % change on previous year +152.7%
2008 19.01 % change on previous year -50.3%
2009 -17.07 % change on previous year -189.8%
2010 7.38 % change on previous year -143.2%
2011 13.58 % change on previous year +84.2%
2012 -7.71 % change on previous year -156.7%
2013 -29.39 % change on previous year +281.5%
2014 10.24 % change on previous year -134.8%
2015 16.85 % change on previous year +64.7%
2016 53.71 % change on previous year +218.7%
2017 30.25 % change on previous year -43.7%
2018 12.35 % change on previous year -59.2%
2019 -2.12 % change on previous year -117.2%
2020 12.17 % change on previous year -672.9%
2021 4.32 % change on previous year -64.5%
2022 -2.08 % change on previous year -148.1%
2023 40.11 % change on previous year -2028.2%
2024 8.96 % change on previous year -77.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s -12.56 % change on previous year -41.03 % change on previous year 14.02 % change on previous year 7
1970s 3.49 % change on previous year -89.68 % change on previous year 79.5 % change on previous year 10
1980s 62.34 % change on previous year -28.84 % change on previous year 210.66 % change on previous year 10
1990s 10.56 % change on previous year -65.38 % change on previous year 128.58 % change on previous year 10
2000s 14.12 % change on previous year -17.07 % change on previous year 44.8 % change on previous year 10
2010s 10.51 % change on previous year -29.39 % change on previous year 53.71 % change on previous year 10
2020s 12.7 % change on previous year -2.08 % change on previous year 40.11 % change on previous year 5

Countries ranked near Madagascar

  1. 73 Mauritius 9.73 % change on previous year compare
  2. 74 Congo 9.65 % change on previous year compare
  3. 75 Thailand 9.53 % change on previous year compare
  4. 77 Afghanistan 8.95 % change on previous year compare
  5. 78 Barbados 8.89 % change on previous year compare
  6. 79 San Marino 8.86 % change on previous year compare

See the full ranking of 208 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is reserves excluding gold, foreign exchange (sdr), annual growth rate in Madagascar?
Reserves excluding gold, foreign exchange (sdr), annual growth rate in Madagascar was 8.96 % change on previous year in 2024, according to Statizoid (derived).
What is the highest reserves excluding gold, foreign exchange (sdr), annual growth rate recorded in Madagascar?
The highest recorded value was 210.66 % change on previous year in 1981.
What is the lowest reserves excluding gold, foreign exchange (sdr), annual growth rate recorded in Madagascar?
The lowest recorded value was -89.68 % change on previous year in 1979.
How does Madagascar rank for reserves excluding gold, foreign exchange (sdr), annual growth rate?
Madagascar ranks 76th out of 188 countries with data for 2024.
Is reserves excluding gold, foreign exchange (sdr), annual growth rate rising or falling in Madagascar?
Over the last ten years it is down 12.4%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Reserves excluding gold, foreign exchange (SDR), annual growth rate. Statizoid updates them automatically from the source API.

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Reserves excluding gold, foreign exchange (SDR), annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/reserves-excluding-gold-foreign-exchange-sdr-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Reserves excluding gold, foreign exchange (SDR). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Reserves excluding gold, foreign exchange (SDR), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 11,157 data points, 1951–2025
Last refreshed

The year-on-year percentage change in Reserves excluding gold, foreign exchange (SDR). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.