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Total international reserves including gold in current prices

(US dollars)

In 2017, international reserves in Madagascar was 1,600 million US dollars. In the ranking by international reserves including 165 countries, Madagascar has the 147th rank that is close to the positions of such countries as Liberia and the Malawi. Compared to Australia which at the top of the ranking with international reserves of 66,597 million US dollars in 2017, Madagascar has 97.60 % percent lower international reserves.

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What is international reserves?

According to the IMF definition, international reserves consist of the sum of the country’s foreign exchange, its reserve position in the IMF, its monetary gold reserves, and the United States dollar value of SDR holdings by its monetary authorities. (SDR - special drawing rights). US Dollars at current prices and current exchange rates in millions