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

Latest (2024)
1.51 billion millions of current united states dollars
Change on year
up 6.9%
World rank
54th
of 155 countries
All-time high
2.24 billion millions of current united states dollars
in 2008
All-time low
320.94 million millions of current united states dollars
in 2000
Years of data
25
2000–2024

Foreign aid and investments received in Madagascar, 2000–2024

500.0M1.0B1.5B2.0B2000201220242000: 320.9M millions of current united states dollars2001: 369.1M millions of current united states dollars2002: 365.4M millions of current united states dollars2003: 555.5M millions of current united states dollars2004: 1.2B millions of current united states dollars2005: 723.3M millions of current united states dollars2006: 917.8M millions of current united states dollars2007: 1.2B millions of current united states dollars2008: 2.2B millions of current united states dollars2009: 1.5B millions of current united states dollars2010: 906.0M millions of current united states dollars2011: 952.0M millions of current united states dollars2012: 659.0M millions of current united states dollars2013: 525.0M millions of current united states dollars2014: 565.3M millions of current united states dollars2015: 646.5M millions of current united states dollars2016: 636.5M millions of current united states dollars2017: 851.2M millions of current united states dollars2018: 847.8M millions of current united states dollars2019: 1.2B millions of current united states dollars2020: 1.3B millions of current united states dollars2021: 1.3B millions of current united states dollars2022: 638.5M millions of current united states dollars2023: 1.4B millions of current united states dollars2024: 1.5B millions of current united states dollars

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

Annual values for Foreign aid and investments received in Madagascar, 2000 to 2024.
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

DecadeAverage LowestHighest 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

  1. 51 Libya 1.58 billion millions of current united states dollars compare
  2. 52 Benin 1.55 billion millions of current united states dollars compare
  3. 53 Congo 1.53 billion millions of current united states dollars compare
  4. 55 El Salvador 1.40 billion millions of current united states dollars compare
  5. 56 Myanmar 1.40 billion millions of current united states dollars compare
  6. 57 Moldova 1.38 billion millions of current united states dollars compare

See the full ranking of 155 places →

More economy & growth data for Madagascar

All data for Madagascar →

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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Foreign aid and investments received in Madagascar. Statizoid, drawing on Organisation for Economic Co-operation and Development – processed by Our World in Data. Retrieved 15 October 2026, from https://economy.statizoid.com/stat/foreign-aid-and-investments-received/madagascar/

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About this data

Indicator
Foreign aid and investments received
Unit
millions of current united states dollars
Source
Organisation for Economic Co-operation and Development – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
155 places, 3,671 data points, 2000–2024
Last refreshed

Total assistance for development, by recipient countries (millions of current United States dollars).