Foreign direct investment, net inflows, as a proportion of GDP (%) in Madagascar

Madagascar: Foreign direct investment, net inflows, as a proportion of GDP (%) was 3.5% in 2024. ◆ Volatile

Latest (2024)
3.5%
Change on year
up 6.3%
World rank
75th
of 214 countries
All-time high
13.4%
in 2009
All-time low
0.2%
in 2003
Years of data
25
2000–2024

Foreign direct investment, net inflows, as a proportion of GDP in Madagascar, 2000–2024

0510152000201220242000: 1.8 %2001: 1.7 %2002: 0.274 %2003: 0.202 %2004: 1 %2005: 1.5 %2006: 4.6 %2007: 9.3 %2008: 10.6 %2009: 13.4 %2010: 9.1 %2011: 7.1 %2012: 7 %2013: 4.6 %2014: 3 %2015: 2.9 %2016: 4.6 %2017: 3.5 %2018: 4.4 %2019: 3.4 %2020: 2.7 %2021: 2.5 %2022: 3.1 %2023: 3.3 %2024: 3.5 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for foreign direct investment, net inflows, as a proportion of gdp in Madagascar is 3.5%, measured in 2024.

The figure is up 6.3% on the previous year and up 16.9% over ten years.

Over the whole period, foreign direct investment, net inflows, as a proportion of gdp in Madagascar peaked at 13.4% in 2009 and was at its lowest, 0.2%, in 2003.

Madagascar ranks 75th of 214 countries on this measure, 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 inflows, as a proportion of GDP (%) in Madagascar, year by year

Annual values for Foreign direct investment, net inflows, as a proportion of GDP (%) in Madagascar, 2000 to 2024.
Year % Change
2000 1.8% —
2001 1.7% -4.5%
2002 0.3% -84.0%
2003 0.2% -26.3%
2004 1.0% +417.1%
2005 1.5% +39.6%
2006 4.6% +216.0%
2007 9.3% +101.0%
2008 10.6% +14.2%
2009 13.4% +27.1%
2010 9.1% -32.0%
2011 7.1% -22.7%
2012 7.0% -0.3%
2013 4.6% -35.3%
2014 3.0% -34.6%
2015 2.9% -2.7%
2016 4.6% +57.5%
2017 3.5% -22.7%
2018 4.4% +26.1%
2019 3.4% -24.4%
2020 2.7% -18.3%
2021 2.5% -9.3%
2022 3.1% +22.6%
2023 3.3% +7.2%
2024 3.5% +6.3%

Madagascar compared with similar countries

  • Madagascar's 3.5% is above the median for low income countries, which is 2.3%, 1.5× the median. (22 countries reporting)
  • Madagascar's 3.5% is above the median for Sub-Saharan Africa, which is 2.5%, 1.4× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Foreign direct investment, net inflows, as a proportion of GDP (%) 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.

YearChange FromTo
2004 +417.1% 0.2% 1.0%
2006 +216.0% 1.5% 4.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.4% 0.2% 13.4% 10
2010s 5.0% 2.9% 9.1% 10
2020s 3.0% 2.5% 3.5% 5

Countries ranked near Madagascar

  1. 73 Slovakia 3.6% compare
  2. 74 Honduras 3.5% compare
  3. 76 Latvia 3.5% compare
  4. 77 Mali 3.4% compare
  5. 78 Fiji 3.4% compare

See the full ranking of 250 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is foreign direct investment, net inflows, as a proportion of gdp in Madagascar?
Foreign direct investment, net inflows, as a proportion of gdp in Madagascar was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest foreign direct investment, net inflows, as a proportion of gdp recorded in Madagascar?
The highest recorded value was 13.4% in 2009.
What is the lowest foreign direct investment, net inflows, as a proportion of gdp recorded in Madagascar?
The lowest recorded value was 0.2% in 2003.
How does Madagascar rank for foreign direct investment, net inflows, as a proportion of gdp?
Madagascar ranks 75th out of 214 countries with data for 2024.
Is foreign direct investment, net inflows, as a proportion of gdp rising or falling in Madagascar?
Over the last ten years it is up 16.9%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Foreign direct investment, net inflows, as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Foreign direct investment, net inflows, as a proportion of GDP in Madagascar. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://economy.statizoid.com/stat/foreign-direct-investment-net-inflows-as-a-proportion-of-gdp-percent/madagascar/

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About this data

Indicator
Foreign direct investment, net inflows, as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
250 places, 6,027 data points, 2000–2024
Last refreshed