Madagascar vs Rwanda: Foreign direct investment, net inflows

Madagascar
606.21 million BoP, current US$
in 2024
Rwanda
572.93 million BoP, current US$
in 2024
Madagascar rank
116th
Rwanda rank
119th

Foreign direct investment, net inflows over time

  • Madagascar
  • Rwanda
0500.0M1.0B1.5B197019972024

How they compare

Madagascar currently reports 606.21 million BoP, current US$ against 572.93 million BoP, current US$ in Rwanda, a difference of 33.28 million BoP, current US$.

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

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Madagascar ahead.

Madagascar ranks 116th and Rwanda ranks 119th of 201 countries.

Across the 6 decades both report, Madagascar averaged higher in 5 and Rwanda in 1.

Head to head by decade

Decade Madagascar Rwanda Difference Ahead
1970s 4.07 million BoP, current US$ 3.75 million BoP, current US$ 318,619 BoP, current US$ Madagascar
1980s 4.37 million BoP, current US$ 16.77 million BoP, current US$ 12.40 million BoP, current US$ Rwanda
1990s 18.72 million BoP, current US$ 3.92 million BoP, current US$ 14.80 million BoP, current US$ Madagascar
2000s 385.38 million BoP, current US$ 38.23 million BoP, current US$ 347.14 million BoP, current US$ Madagascar
2010s 590.14 million BoP, current US$ 249.09 million BoP, current US$ 341.05 million BoP, current US$ Madagascar
2020s 461.92 million BoP, current US$ 344.33 million BoP, current US$ 117.58 million BoP, current US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign direct investment, net inflows, Madagascar or Rwanda?
Madagascar, at 606.21 million BoP, current US$ against 572.93 million BoP, current US$ in Rwanda as of 2024.
What is the difference in foreign direct investment, net inflows between Madagascar and Rwanda?
33.28 million BoP, current US$, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Rwanda?
55 years are reported by both, from 1970 to 2024.
How do Madagascar and Rwanda rank globally for foreign direct investment, net inflows?
Madagascar ranks 116th and Rwanda ranks 119th of 201 countries.
Where does this data come from?
Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as Foreign direct investment, net inflows (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Rwanda: Foreign direct investment, net inflows. Statizoid, drawing on Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/foreign-direct-investment-net-inflows-bop-current-us/madagascar/rwanda/

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About this data

Indicator
Foreign direct investment, net inflows (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
248 places, 12,232 data points, 1970–2025
Last refreshed

Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.