Business & Markets · FDI inflows · Madagascar
Madagascar’s FDI inflows rose to $0.89bn in 2025.
$0.89bn
2025
Up $0.28bn from 2024.
Updated 8 Oct 2026
In plain words
$0.89bn
What it is. FDI inflows count the money foreign investors put into businesses in Madagascar where they take a lasting stake, measured as net flows in current US dollars. The figure nets new investment against money withdrawn, and it covers equity, reinvested profits and loans between related companies. Shares bought and sold on markets as short-term holdings are left out, and so is the total value of foreign-owned assets already in the country.
Higher is better. More foreign investment brings capital for new projects and foreign currency into the economy, so a higher figure is better. Inflows reached $0.89bn in 2025, up from $0.61bn a year earlier, a rise of 46.6%. That is the highest figure in the range since 2016. The lowest point over the same span was $0.36bn in 2021, so the latest reading sits at the very top of where inflows have been.
Why it matters. A flow of $0.89bn gives Madagascar more room to fund factories, mines and infrastructure that create work for households. It also brings in foreign currency that helps the country pay for imports. The next annual figure will show whether inflows hold near $0.89bn.
| Period | FDI inflows · Madagascar |
|---|---|
| 2016 | $0.54bn |
| 2017 | $0.46bn |
| 2018 | $0.61bn |
| 2019 | $0.47bn |
| 2020 | $0.36bn |
| 2021 | $0.36bn |
| 2022 | $0.47bn |
| 2023 | $0.52bn |
| 2024 | $0.61bn |
| 2025 | $0.89bn |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, FDI inflows, Madagascar, 2025; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/business/fdi-inflows/madagascar
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
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Methodology
Foreign direct investment, net inflows, current US dollars. Unit: USD bn.
Source: World Bank, World Development Indicators (series BX.KLT.DINV.CD.WD), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.