Foreign direct investment, net in Madagascar
Madagascar: Foreign direct investment, net was -471.82 million BoP, current US$ in 2024. ◆ Volatile
Foreign direct investment, net in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Madagascar recorded -471.82 million BoP, current US$ for foreign direct investment, net in 2024.
That represents a change of down 38.1% on the previous year and down 40.4% over ten years.
Over the whole period, foreign direct investment, net in Madagascar peaked at 6.58 million BoP, current US$ in 1979 and was at its lowest, -1.27 billion BoP, current US$, in 2009.
That places Madagascar 105th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | -13.71 million BoP, current US$ | — |
| 1975 | -4.57 million BoP, current US$ | -66.6% |
| 1976 | -1.38 million BoP, current US$ | -69.8% |
| 1977 | 2.77 million BoP, current US$ | -300.4% |
| 1978 | 3.68 million BoP, current US$ | +32.9% |
| 1979 | 6.58 million BoP, current US$ | +78.9% |
| 1989 | -12.82 million BoP, current US$ | -294.7% |
| 1990 | -22.39 million BoP, current US$ | +74.7% |
| 1991 | -13.68 million BoP, current US$ | -38.9% |
| 1992 | -21.13 million BoP, current US$ | +54.5% |
| 1993 | -15.36 million BoP, current US$ | -27.3% |
| 1994 | -5.73 million BoP, current US$ | -62.7% |
| 1995 | -9.71 million BoP, current US$ | +69.5% |
| 1996 | -10.16 million BoP, current US$ | +4.7% |
| 1997 | -14.01 million BoP, current US$ | +37.8% |
| 1998 | -16.64 million BoP, current US$ | +18.8% |
| 1999 | -58.39 million BoP, current US$ | +251.0% |
| 2000 | -82.95 million BoP, current US$ | +42.1% |
| 2001 | -93.06 million BoP, current US$ | +12.2% |
| 2002 | -14.66 million BoP, current US$ | -84.2% |
| 2003 | -12.87 million BoP, current US$ | -12.2% |
| 2004 | -52.91 million BoP, current US$ | +311.0% |
| 2005 | -50.49 million BoP, current US$ | -4.6% |
| 2006 | -283.51 million BoP, current US$ | +461.5% |
| 2007 | -750.91 million BoP, current US$ | +164.9% |
| 2008 | -1.09 billion BoP, current US$ | +45.1% |
| 2009 | -1.27 billion BoP, current US$ | +16.3% |
| 2010 | -868.74 million BoP, current US$ | -31.4% |
| 2011 | -773.20 million BoP, current US$ | -11.0% |
| 2012 | -778.36 million BoP, current US$ | +0.7% |
| 2013 | -550.24 million BoP, current US$ | -29.3% |
| 2014 | -336.11 million BoP, current US$ | -38.9% |
| 2015 | -246.13 million BoP, current US$ | -26.8% |
| 2016 | -451.12 million BoP, current US$ | +83.3% |
| 2017 | -358.89 million BoP, current US$ | -20.4% |
| 2018 | -494.14 million BoP, current US$ | +37.7% |
| 2019 | -372.69 million BoP, current US$ | -24.6% |
| 2020 | -239.37 million BoP, current US$ | -35.8% |
| 2021 | -243.21 million BoP, current US$ | +1.6% |
| 2022 | -325.83 million BoP, current US$ | +34.0% |
| 2023 | -341.59 million BoP, current US$ | +4.8% |
| 2024 | -471.82 million BoP, current US$ | +38.1% |
Madagascar compared with similar countries
- Madagascar's -471.82 million BoP, current US$ is below the median for low income countries, which is -232.36 million BoP, current US$, 2.0× the median. (23 countries reporting)
- Madagascar's -471.82 million BoP, current US$ is below the median for Sub-Saharan Africa, which is -396.63 million BoP, current US$, 1.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment, net in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | -461.5% | -50.49 million BoP, current US$ | -283.51 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.11 million BoP, current US$ | -13.71 million BoP, current US$ | 6.58 million BoP, current US$ | 6 |
| 1980s | -12.82 million BoP, current US$ | -12.82 million BoP, current US$ | -12.82 million BoP, current US$ | 1 |
| 1990s | -18.72 million BoP, current US$ | -58.39 million BoP, current US$ | -5.73 million BoP, current US$ | 10 |
| 2000s | -369.84 million BoP, current US$ | -1.27 billion BoP, current US$ | -12.87 million BoP, current US$ | 10 |
| 2010s | -522.96 million BoP, current US$ | -868.74 million BoP, current US$ | -246.13 million BoP, current US$ | 10 |
| 2020s | -324.36 million BoP, current US$ | -471.82 million BoP, current US$ | -239.37 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 102 Bolivia -463.86 million BoP, current US$ compare
- 103 Botswana -464.25 million BoP, current US$ compare
- 104 Zimbabwe -465.43 million BoP, current US$ compare
- 106 Bosnia and Herzegovina -525.95 million BoP, current US$ compare
- 107 Rwanda -559.78 million BoP, current US$ compare
- 108 Sudan -573.50 million BoP, current US$ compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is foreign direct investment, net in Madagascar?
- Foreign direct investment, net in Madagascar was -471.82 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest foreign direct investment, net recorded in Madagascar?
- The highest recorded value was 6.58 million BoP, current US$ in 1979.
- What is the lowest foreign direct investment, net recorded in Madagascar?
- The lowest recorded value was -1.27 billion BoP, current US$ in 2009.
- How does Madagascar rank for foreign direct investment, net?
- Madagascar ranks 105th out of 197 countries with data for 2024.
- Is foreign direct investment, net rising or falling in Madagascar?
- Over the last ten years it is down 40.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Foreign direct investment, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Foreign 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 voting power is evidence of a direct investment relationship. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.