Reserves excluding gold, foreign exchange in Madagascar
Madagascar: Reserves excluding gold, foreign exchange was 2.08 billion SDR in 2024. ◆ Volatile
Reserves excluding gold, foreign exchange in Madagascar, 1962–2024
Source: International Monetary Fund. Measured in SDR.
Analysis
In 2024, reserves excluding gold, foreign exchange in Madagascar stood at 2.08 billion SDR. That is the highest value across all 63 years on record.
The figure is up 9.0% on the previous year and up 350.1% over ten years.
Over the whole period, reserves excluding gold, foreign exchange in Madagascar peaked at 2.08 billion SDR in 2024 and was at its lowest, 3.80 million SDR, in 1979.
That places Madagascar 118th 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 in Madagascar, year by year
| Year | SDR | Change |
|---|---|---|
| 1962 | 48.00 million SDR | — |
| 1963 | 42.80 million SDR | -10.8% |
| 1964 | 48.80 million SDR | +14.0% |
| 1965 | 47.60 million SDR | -2.5% |
| 1966 | 48.20 million SDR | +1.3% |
| 1967 | 39.60 million SDR | -17.8% |
| 1968 | 27.30 million SDR | -31.1% |
| 1969 | 16.10 million SDR | -41.0% |
| 1970 | 28.90 million SDR | +79.5% |
| 1971 | 31.68 million SDR | +9.6% |
| 1972 | 34.36 million SDR | +8.4% |
| 1973 | 42.53 million SDR | +23.8% |
| 1974 | 40.18 million SDR | -5.5% |
| 1975 | 29.47 million SDR | -26.7% |
| 1976 | 34.43 million SDR | +16.8% |
| 1977 | 49.89 million SDR | +44.9% |
| 1978 | 36.77 million SDR | -26.3% |
| 1979 | 3.80 million SDR | -89.7% |
| 1980 | 7.13 million SDR | +88.0% |
| 1981 | 22.17 million SDR | +210.7% |
| 1982 | 15.77 million SDR | -28.8% |
| 1983 | 27.79 million SDR | +76.2% |
| 1984 | 58.56 million SDR | +110.7% |
| 1985 | 44.06 million SDR | -24.8% |
| 1986 | 93.61 million SDR | +112.4% |
| 1987 | 130.47 million SDR | +39.4% |
| 1988 | 166.16 million SDR | +27.3% |
| 1989 | 186.58 million SDR | +12.3% |
| 1990 | 64.60 million SDR | -65.4% |
| 1991 | 62.08 million SDR | -3.9% |
| 1992 | 61.38 million SDR | -1.1% |
| 1993 | 58.61 million SDR | -4.5% |
| 1994 | 49.05 million SDR | -16.3% |
| 1995 | 73.26 million SDR | +49.4% |
| 1996 | 167.46 million SDR | +128.6% |
| 1997 | 208.63 million SDR | +24.6% |
| 1998 | 121.66 million SDR | -41.7% |
| 1999 | 165.39 million SDR | +35.9% |
| 2000 | 218.82 million SDR | +32.3% |
| 2001 | 316.85 million SDR | +44.8% |
| 2002 | 267.15 million SDR | -15.7% |
| 2003 | 278.74 million SDR | +4.3% |
| 2004 | 324.08 million SDR | +16.3% |
| 2005 | 336.68 million SDR | +3.9% |
| 2006 | 387.60 million SDR | +15.1% |
| 2007 | 535.74 million SDR | +38.2% |
| 2008 | 637.58 million SDR | +19.0% |
| 2009 | 528.73 million SDR | -17.1% |
| 2010 | 567.73 million SDR | +7.4% |
| 2011 | 644.84 million SDR | +13.6% |
| 2012 | 595.15 million SDR | -7.7% |
| 2013 | 420.21 million SDR | -29.4% |
| 2014 | 463.22 million SDR | +10.2% |
| 2015 | 541.29 million SDR | +16.9% |
| 2016 | 832.03 million SDR | +53.7% |
| 2017 | 1.08 billion SDR | +30.3% |
| 2018 | 1.22 billion SDR | +12.3% |
| 2019 | 1.19 billion SDR | -2.1% |
| 2020 | 1.34 billion SDR | +12.2% |
| 2021 | 1.39 billion SDR | +4.3% |
| 2022 | 1.37 billion SDR | -2.1% |
| 2023 | 1.91 billion SDR | +40.1% |
| 2024 | 2.08 billion SDR | +9.0% |
Madagascar compared with similar countries
- Madagascar's 2.08 billion SDR is above the median for low income countries, which is 567.46 million SDR, 3.7× the median. (20 countries reporting)
- Madagascar's 2.08 billion SDR is above the median for Sub-Saharan Africa, which is 857.13 million SDR, 2.4× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Reserves excluding gold, foreign exchange in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +210.7% | 7.13 million SDR | 22.17 million SDR |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 39.80 million SDR | 16.10 million SDR | 48.80 million SDR | 8 |
| 1970s | 33.20 million SDR | 3.80 million SDR | 49.89 million SDR | 10 |
| 1980s | 75.23 million SDR | 7.13 million SDR | 186.58 million SDR | 10 |
| 1990s | 103.21 million SDR | 49.05 million SDR | 208.63 million SDR | 10 |
| 2000s | 383.20 million SDR | 218.82 million SDR | 637.58 million SDR | 10 |
| 2010s | 755.75 million SDR | 420.21 million SDR | 1.22 billion SDR | 10 |
| 2020s | 1.62 billion SDR | 1.34 billion SDR | 2.08 billion SDR | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is reserves excluding gold, foreign exchange in Madagascar?
- Reserves excluding gold, foreign exchange in Madagascar was 2.08 billion SDR in 2024, according to International Monetary Fund.
- What is the highest reserves excluding gold, foreign exchange recorded in Madagascar?
- The highest recorded value was 2.08 billion SDR in 2024.
- What is the lowest reserves excluding gold, foreign exchange recorded in Madagascar?
- The lowest recorded value was 3.80 million SDR in 1979.
- How does Madagascar rank for reserves excluding gold, foreign exchange?
- Madagascar ranks 118th out of 188 countries with data for 2024.
- Is reserves excluding gold, foreign exchange rising or falling in Madagascar?
- Over the last ten years it is up 350.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Reserves excluding gold, foreign exchange (SDR). Statizoid updates them automatically from the source API.
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About this data
International liquidity consists of all the resources that are available to the monetary authorities of countries for the purpose of meeting balance of payments financing needs.