Foreign aid and investments received in Madagascar
Madagascar: Foreign aid and investments received was 1.51 billion millions of current united states dollars in 2024. ▲ Rising
Foreign aid and investments received in Madagascar, 2000–2024
Source: Organisation for Economic Co-operation and Development – processed by Our World in Data. Measured in millions of current united states dollars.
Analysis
In 2024, foreign aid and investments received in Madagascar stood at 1.51 billion millions of current united states dollars.
That represents a change of up 6.9% on the previous year and up 166.4% over ten years.
Over the whole period, foreign aid and investments received in Madagascar peaked at 2.24 billion millions of current united states dollars in 2008 and was at its lowest, 320.94 million millions of current united states dollars, in 2000.
That places Madagascar 54th out of 155 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Foreign aid and investments received in Madagascar, year by year
| Year | millions of current united states dollars | Change |
|---|---|---|
| 2000 | 320.94 million millions of current united states dollars | — |
| 2001 | 369.09 million millions of current united states dollars | +15.0% |
| 2002 | 365.39 million millions of current united states dollars | -1.0% |
| 2003 | 555.55 million millions of current united states dollars | +52.0% |
| 2004 | 1.23 billion millions of current united states dollars | +122.1% |
| 2005 | 723.28 million millions of current united states dollars | -41.4% |
| 2006 | 917.77 million millions of current united states dollars | +26.9% |
| 2007 | 1.19 billion millions of current united states dollars | +29.4% |
| 2008 | 2.24 billion millions of current united states dollars | +88.6% |
| 2009 | 1.45 billion millions of current united states dollars | -35.2% |
| 2010 | 906.05 million millions of current united states dollars | -37.5% |
| 2011 | 951.95 million millions of current united states dollars | +5.1% |
| 2012 | 658.95 million millions of current united states dollars | -30.8% |
| 2013 | 525.03 million millions of current united states dollars | -20.3% |
| 2014 | 565.30 million millions of current united states dollars | +7.7% |
| 2015 | 646.46 million millions of current united states dollars | +14.4% |
| 2016 | 636.45 million millions of current united states dollars | -1.5% |
| 2017 | 851.18 million millions of current united states dollars | +33.7% |
| 2018 | 847.77 million millions of current united states dollars | -0.4% |
| 2019 | 1.18 billion millions of current united states dollars | +39.4% |
| 2020 | 1.32 billion millions of current united states dollars | +11.9% |
| 2021 | 1.27 billion millions of current united states dollars | -4.0% |
| 2022 | 638.51 million millions of current united states dollars | -49.7% |
| 2023 | 1.41 billion millions of current united states dollars | +120.5% |
| 2024 | 1.51 billion millions of current united states dollars | +6.9% |
Madagascar compared with similar countries
- Madagascar's 1.51 billion millions of current united states dollars is below the median for low income countries, which is 1.65 billion millions of current united states dollars, 91% of the median. (25 countries reporting)
- Madagascar's 1.51 billion millions of current united states dollars is above the median for Sub-Saharan Africa, which is 1.16 billion millions of current united states dollars, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 936.31 million millions of current united states dollars | 320.94 million millions of current united states dollars | 2.24 billion millions of current united states dollars | 10 |
| 2010s | 777.13 million millions of current united states dollars | 525.03 million millions of current united states dollars | 1.18 billion millions of current united states dollars | 10 |
| 2020s | 1.23 billion millions of current united states dollars | 638.51 million millions of current united states dollars | 1.51 billion millions of current united states dollars | 5 |
Countries ranked near Madagascar
- 51 Libya 1.58 billion millions of current united states dollars compare
- 52 Benin 1.55 billion millions of current united states dollars compare
- 53 Congo 1.53 billion millions of current united states dollars compare
- 55 El Salvador 1.40 billion millions of current united states dollars compare
- 56 Myanmar 1.40 billion millions of current united states dollars compare
- 57 Moldova 1.38 billion millions of current united states dollars compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is foreign aid and investments received in Madagascar?
- Foreign aid and investments received in Madagascar was 1.51 billion millions of current united states dollars in 2024, according to Organisation for Economic Co-operation and Development – processed by Our World in Data.
- What is the highest foreign aid and investments received recorded in Madagascar?
- The highest recorded value was 2.24 billion millions of current united states dollars in 2008.
- What is the lowest foreign aid and investments received recorded in Madagascar?
- The lowest recorded value was 320.94 million millions of current united states dollars in 2000.
- How does Madagascar rank for foreign aid and investments received?
- Madagascar ranks 54th out of 155 countries with data for 2024.
- Is foreign aid and investments received rising or falling in Madagascar?
- Over the last ten years it is up 166.4%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Organisation for Economic Co-operation and Development – processed by Our World in Data, published as part of Foreign aid and investments received. Statizoid updates them automatically from the source API.
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About this data
Total assistance for development, by recipient countries (millions of current United States dollars).