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$, in 1979.
Madagascar ranks 117th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 10.00 million BoP, current US$ | — |
| 1971 | 1.08 million BoP, current US$ | -89.2% |
| 1972 | 12.00 million BoP, current US$ | +1011.1% |
| 1973 | 11.00 million BoP, current US$ | -8.3% |
| 1974 | 13.71 million BoP, current US$ | +24.6% |
| 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% |
| 1980 | -790,000 BoP, current US$ | -88.0% |
| 1981 | -800,000 BoP, current US$ | +1.3% |
| 1982 | -90,000 BoP, current US$ | -88.8% |
| 1983 | 3.71 million BoP, current US$ | -4222.2% |
| 1984 | 8.57 million BoP, current US$ | +131.0% |
| 1985 | -180,000 BoP, current US$ | -102.1% |
| 1986 | 14.04 million BoP, current US$ | -7900.0% |
| 1987 | 3.47 million BoP, current US$ | -75.3% |
| 1988 | 2.91 million BoP, current US$ | -16.1% |
| 1989 | 12.82 million BoP, current US$ | +340.4% |
| 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 | 85.43 million BoP, current US$ | +61.5% |
| 2006 | 294.68 million BoP, current US$ | +244.9% |
| 2007 | 789.39 million BoP, current US$ | +167.9% |
| 2008 | 1.13 billion BoP, current US$ | +43.7% |
| 2009 | 1.29 billion BoP, current US$ | +14.0% |
| 2010 | 912.29 million BoP, current US$ | -29.5% |
| 2011 | 815.53 million BoP, current US$ | -10.6% |
| 2012 | 814.79 million BoP, current US$ | -0.1% |
| 2013 | 565.85 million BoP, current US$ | -30.6% |
| 2014 | 372.87 million BoP, current US$ | -34.1% |
| 2015 | 328.06 million BoP, current US$ | -12.0% |
| 2016 | 540.84 million BoP, current US$ | +64.9% |
| 2017 | 464.86 million BoP, current US$ | -14.0% |
| 2018 | 612.04 million BoP, current US$ | +31.7% |
| 2019 | 474.31 million BoP, current US$ | -22.5% |
| 2020 | 358.47 million BoP, current US$ | -24.4% |
| 2021 | 357.54 million BoP, current US$ | -0.3% |
| 2022 | 467.85 million BoP, current US$ | +30.9% |
| 2023 | 519.51 million BoP, current US$ | +11.0% |
| 2024 | 606.21 million BoP, current US$ | +16.7% |
Madagascar compared with similar countries
- Madagascar's 606.21 million BoP, current US$ is above the median for low income countries, which is 414.81 million BoP, current US$, 1.5× the median. (24 countries reporting)
- Madagascar's 606.21 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 545.60 million BoP, current US$, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment, net inflows in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +7900.0% | -180,000 BoP, current US$ | 14.04 million BoP, current US$ |
| 1983 | +4222.2% | -90,000 BoP, current US$ | 3.71 million BoP, current US$ |
| 1972 | +1011.1% | 1.08 million BoP, current US$ | 12.00 million BoP, current US$ |
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
- 114 Montenegro 676.19 million BoP, current US$ compare
- 115 North Macedonia 675.78 million BoP, current US$ compare
- 116 Bolivia 620.35 million BoP, current US$ compare
- 118 Armenia 605.13 million BoP, current US$ compare
- 119 Congo 603.62 million BoP, current US$ compare
- 120 Rwanda 572.93 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 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 117th out of 202 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.