Total FDI outflows — Value US$, gaps filled in Madagascar

Madagascar: Total FDI outflows — Value US$, gaps filled was 119.26 million USD in 2023. ◆ Volatile

Latest (2023)
119.26 million USD
Change on year
down 16.0%
World rank
81st
of 184 countries
All-time high
142.02 million USD
in 2022
All-time low
-1.51 million USD
in 1997
Years of data
34
1990–2023

Total FDI outflows — Value US$, gaps filled in Madagascar, 1990–2023

0501001501990200620231990: 1.3 million USD1991: -0.413 million USD1992: 1.9 million USD1993: 4.9 million USD1994: 2.8 million USD1995: 1.5 million USD1996: -0.782 million USD1997: -1.5 million USD1998: -1.3 million USD1999: -1.1 million USD2000: -0.921 million USD2001: 1.1 million USD2002: 9.6 million USD2003: 18 million USD2004: 26.5 million USD2005: 34.9 million USD2006: 11.2 million USD2007: 38.5 million USD2008: 44.6 million USD2009: 26.2 million USD2010: 43.5 million USD2011: 42.3 million USD2012: 36.4 million USD2013: 15.6 million USD2014: 36.8 million USD2015: 81.9 million USD2016: 89.7 million USD2017: 106 million USD2018: 117.9 million USD2019: 101.6 million USD2020: 119.1 million USD2021: 114.3 million USD2022: 142 million USD2023: 119.3 million USD

Source: Statizoid (derived). Measured in million USD.

Analysis

Madagascar recorded 119.26 million USD for total fdi outflows — value us$, gaps filled in 2023.

The figure is down 16.0% on the previous year and up 664.5% over ten years.

Over the whole period, total fdi outflows — value us$, gaps filled in Madagascar peaked at 142.02 million USD in 2022 and was at its lowest, -1.51 million USD, in 1997.

That places Madagascar 81st out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total FDI outflows — Value US$, gaps filled in Madagascar, year by year

Annual values for Total FDI outflows — Value US$, gaps filled in Madagascar, 1990 to 2023.
Year million USD Change
1990 1.34 million USD —
1991 -0.413 million USD -130.7%
1992 1.9 million USD -559.8%
1993 4.95 million USD +160.5%
1994 2.8 million USD -43.4%
1995 1.52 million USD -45.7%
1996 -0.782 million USD -151.4%
1997 -1.51 million USD +93.6%
1998 -1.32 million USD -13.1%
1999 -1.12 million USD -15.0%
2000 -0.921 million USD -17.7%
2001 1.12 million USD -221.5%
2002 9.56 million USD +754.7%
2003 18.01 million USD +88.3%
2004 26.45 million USD +46.9%
2005 34.9 million USD +31.9%
2006 11.2 million USD -67.9%
2007 38.5 million USD +243.8%
2008 44.6 million USD +15.8%
2009 26.2 million USD -41.3%
2010 43.5 million USD +66.0%
2011 42.3 million USD -2.8%
2012 36.4 million USD -13.9%
2013 15.6 million USD -57.1%
2014 36.8 million USD +135.9%
2015 81.9 million USD +122.6%
2016 89.7 million USD +9.5%
2017 105.97 million USD +18.1%
2018 117.9 million USD +11.3%
2019 101.62 million USD -13.8%
2020 119.09 million USD +17.2%
2021 114.33 million USD -4.0%
2022 142.02 million USD +24.2%
2023 119.26 million USD -16.0%

Madagascar compared with similar countries

  • Madagascar's 119.26 million USD is above the median for low income countries, which is 3.33 million USD, 35.8× the median. (17 countries reporting)
  • Madagascar's 119.26 million USD is above the median for Sub-Saharan Africa, which is 0.3814 million USD, 312.7× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Total FDI outflows — Value US$, gaps filled 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
2002 +754.7% 1.12 million USD 9.56 million USD
1992 +559.8% -0.413 million USD 1.9 million USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7366 million USD -1.51 million USD 4.95 million USD 10
2000s 20.96 million USD -0.921 million USD 44.6 million USD 10
2010s 67.17 million USD 15.6 million USD 117.9 million USD 10
2020s 123.68 million USD 114.33 million USD 142.02 million USD 4

Countries ranked near Madagascar

  1. 78 Oman 164.89 million USD compare
  2. 79 Zambia 159.75 million USD compare
  3. 80 Cambodia 151.41 million USD compare
  4. 82 North Macedonia 101.26 million USD compare
  5. 83 Aruba 91.45 million USD compare
  6. 84 Senegal 91.33 million USD compare

See the full ranking of 214 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is total fdi outflows — value us$, gaps filled in Madagascar?
Total fdi outflows — value us$, gaps filled in Madagascar was 119.26 million USD in 2023, according to Statizoid (derived).
What is the highest total fdi outflows — value us$, gaps filled recorded in Madagascar?
The highest recorded value was 142.02 million USD in 2022.
What is the lowest total fdi outflows — value us$, gaps filled recorded in Madagascar?
The lowest recorded value was -1.51 million USD in 1997.
How does Madagascar rank for total fdi outflows — value us$, gaps filled?
Madagascar ranks 81st out of 184 countries with data for 2023.
Is total fdi outflows — value us$, gaps filled rising or falling in Madagascar?
Over the last ten years it is up 664.5%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Total FDI outflows — Value US$, gaps filled. Statizoid updates them automatically from the source API.

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Total FDI outflows — Value US$, gaps filled in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/total-fdi-outflows-value-us-gaps-filled/madagascar/

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How this figure is calculated

Total FDI outflows — Value US$ with 95 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Total FDI outflows — Value US$, gaps filled
Unit
million USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 6,172 data points, 1990–2023
Last refreshed

Total FDI outflows — Value US$ with 95 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.