Foreign direct investment, net inflows in Madagascar
Madagascar: Foreign direct investment, net inflows was 606.21 million BoP, current US$ in 2024. ◆ Volatile
Foreign direct investment, net inflows in Madagascar, 1970–2024
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. Measured in BoP, current US$.
Analysis
Madagascar recorded 606.21 million BoP, current US$ for foreign direct investment, net inflows in 2024.
That represents a change of up 16.7% on the previous year and up 62.6% over ten years.
Over the whole period, foreign direct investment, net inflows in Madagascar peaked at 1.29 billion BoP, current US$ in 2009 and was at its lowest, -6.58 million BoP, current US$, in 1979.
Madagascar ranks 115th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.07 million BoP, current US$ | -6.58 million BoP, current US$ | 13.71 million BoP, current US$ | 10 |
| 1980s | 4.37 million BoP, current US$ | -800,000 BoP, current US$ | 14.04 million BoP, current US$ | 10 |
| 1990s | 18.72 million BoP, current US$ | 5.73 million BoP, current US$ | 58.39 million BoP, current US$ | 10 |
| 2000s | 385.38 million BoP, current US$ | 12.87 million BoP, current US$ | 1.29 billion BoP, current US$ | 10 |
| 2010s | 590.14 million BoP, current US$ | 328.06 million BoP, current US$ | 912.29 million BoP, current US$ | 10 |
| 2020s | 461.92 million BoP, current US$ | 357.54 million BoP, current US$ | 606.21 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 112 Montenegro 676.19 million BoP, current US$ compare
- 113 North Macedonia 675.78 million BoP, current US$ compare
- 114 Bolivia 620.35 million BoP, current US$ compare
- 116 Armenia 605.13 million BoP, current US$ compare
- 117 Congo 603.62 million BoP, current US$ compare
- 118 Rwanda 572.93 million BoP, current US$ compare
More economy & growth data for Madagascar
- External balance on goods and services as a percent of GDP -11.6% (2025)
- Inflation of consumer prices 8.1% (2025)
- GDP per capita 456.51 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- Gross domestic product (GDP) 14.95 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 456.51 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
Frequently asked questions
- What is foreign direct investment, net inflows in Madagascar?
- Foreign direct investment, net inflows in Madagascar was 606.21 million BoP, current US$ in 2024, according to 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.
- What is the highest foreign direct investment, net inflows recorded in Madagascar?
- The highest recorded value was 1.29 billion BoP, current US$ in 2009.
- What is the lowest foreign direct investment, net inflows recorded in Madagascar?
- The lowest recorded value was -6.58 million BoP, current US$ in 1979.
- How does Madagascar rank for foreign direct investment, net inflows?
- Madagascar ranks 115th out of 200 countries with data for 2024.
- Is foreign direct investment, net inflows rising or falling in Madagascar?
- Over the last ten years it is up 62.6%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures 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 part of Foreign direct investment, net inflows (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.