Net financial flows, IMF nonconcessional in Madagascar

Madagascar: Net financial flows, IMF nonconcessional was -9.16 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
-9.16 million NFL, current US$
Change on year
down 158.7%
World rank
84th
of 111 countries
All-time high
375.74 million NFL, current US$
in 2020
All-time low
-35.80 million NFL, current US$
in 1988
Years of data
55
1970–2024

Net financial flows, IMF nonconcessional in Madagascar, 1970–2024

0100.0M200.0M300.0M400.0M197019972024

Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.

Analysis

In 2024, net financial flows, imf nonconcessional in Madagascar stood at -9.16 million NFL, current US$.

Compared with earlier readings it is down 158.7% on the previous year and down 134.1% over ten years.

Over the whole period, net financial flows, imf nonconcessional in Madagascar peaked at 375.74 million NFL, current US$ in 2020 and was at its lowest, -35.80 million NFL, current US$, in 1988.

That places Madagascar 84th out of 111 countries with data for 2024, putting it in the bottom quarter.

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

Net financial flows, IMF nonconcessional in Madagascar, year by year

Annual values for Net financial flows, IMF nonconcessional (NFL, current US$) in Madagascar, 1970 to 2024.
Year NFL, current US$ Change
1970 0 NFL, current US$ —
1971 0 NFL, current US$ —
1972 0 NFL, current US$ —
1973 0 NFL, current US$ —
1974 10.20 million NFL, current US$ —
1975 13.18 million NFL, current US$ +29.2%
1976 0 NFL, current US$ -100.0%
1977 1.60 million NFL, current US$ —
1978 10.19 million NFL, current US$ +537.0%
1979 -4.82 million NFL, current US$ -147.3%
1980 67.92 million NFL, current US$ -1509.3%
1981 37.32 million NFL, current US$ -45.1%
1982 51.90 million NFL, current US$ +39.1%
1983 7.00 million NFL, current US$ -86.5%
1984 15.91 million NFL, current US$ +127.2%
1985 -6.76 million NFL, current US$ -142.5%
1986 -1.79 million NFL, current US$ -73.5%
1987 2.51 million NFL, current US$ -239.9%
1988 -35.80 million NFL, current US$ -1526.7%
1989 -19.99 million NFL, current US$ -44.2%
1990 -33.70 million NFL, current US$ +68.6%
1991 -16.85 million NFL, current US$ -50.0%
1992 -16.25 million NFL, current US$ -3.6%
1993 -14.10 million NFL, current US$ -13.2%
1994 -12.12 million NFL, current US$ -14.0%
1995 -14.70 million NFL, current US$ +21.3%
1996 2.80 million NFL, current US$ -119.1%
1997 895,835 NFL, current US$ -68.1%
1998 -13.91 million NFL, current US$ -1652.9%
1999 6.27 million NFL, current US$ -145.1%
2000 45.05 million NFL, current US$ +618.1%
2001 28.12 million NFL, current US$ -37.6%
2002 13.06 million NFL, current US$ -53.6%
2003 12.34 million NFL, current US$ -5.5%
2004 45.45 million NFL, current US$ +268.4%
2005 6.49 million NFL, current US$ -85.7%
2006 11.56 million NFL, current US$ +78.2%
2007 12.03 million NFL, current US$ +4.0%
2008 58.99 million NFL, current US$ +390.5%
2009 0 NFL, current US$ -100.0%
2010 -1.73 million NFL, current US$ —
2011 -3.58 million NFL, current US$ +106.7%
2012 -7.09 million NFL, current US$ +98.0%
2013 -10.61 million NFL, current US$ +49.8%
2014 26.86 million NFL, current US$ -353.1%
2015 26.32 million NFL, current US$ -2.0%
2016 28.94 million NFL, current US$ +10.0%
2017 118.09 million NFL, current US$ +308.0%
2018 36.16 million NFL, current US$ -69.4%
2019 82.63 million NFL, current US$ +128.5%
2020 375.74 million NFL, current US$ +354.7%
2021 47.75 million NFL, current US$ -87.3%
2022 77.56 million NFL, current US$ +62.4%
2023 15.60 million NFL, current US$ -79.9%
2024 -9.16 million NFL, current US$ -158.7%

Madagascar compared with similar countries

  • Madagascar's -9.16 million NFL, current US$ is below the median for Sub-Saharan Africa, which is 10.70 million NFL, current US$. (42 countries reporting)

Biggest year-on-year movements

Years where Net financial flows, IMF nonconcessional 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
1998 -1652.9% 895,835 NFL, current US$ -13.91 million NFL, current US$
1988 -1526.7% 2.51 million NFL, current US$ -35.80 million NFL, current US$
1980 +1509.3% -4.82 million NFL, current US$ 67.92 million NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.03 million NFL, current US$ -4.82 million NFL, current US$ 13.18 million NFL, current US$ 10
1980s 11.82 million NFL, current US$ -35.80 million NFL, current US$ 67.92 million NFL, current US$ 10
1990s -11.16 million NFL, current US$ -33.70 million NFL, current US$ 6.27 million NFL, current US$ 10
2000s 23.31 million NFL, current US$ 0 NFL, current US$ 58.99 million NFL, current US$ 10
2010s 29.60 million NFL, current US$ -10.61 million NFL, current US$ 118.09 million NFL, current US$ 10
2020s 101.50 million NFL, current US$ -9.16 million NFL, current US$ 375.74 million NFL, current US$ 5

Countries ranked near Madagascar

  1. 81 Vanuatu -2.26 million NFL, current US$ compare
  2. 82 Grenada -3.73 million NFL, current US$ compare
  3. 83 Afghanistan -6.57 million NFL, current US$ compare
  4. 85 Central African Republic -9.54 million NFL, current US$ compare
  5. 86 Haiti -10.67 million NFL, current US$ compare
  6. 87 Yemen -12.94 million NFL, current US$ compare

See the full ranking of 123 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is net financial flows, imf nonconcessional in Madagascar?
Net financial flows, imf nonconcessional in Madagascar was -9.16 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest net financial flows, imf nonconcessional recorded in Madagascar?
The highest recorded value was 375.74 million NFL, current US$ in 2020.
What is the lowest net financial flows, imf nonconcessional recorded in Madagascar?
The lowest recorded value was -35.80 million NFL, current US$ in 1988.
How does Madagascar rank for net financial flows, imf nonconcessional?
Madagascar ranks 84th out of 111 countries with data for 2024.
Is net financial flows, imf nonconcessional rising or falling in Madagascar?
Over the last ten years it is down 134.1%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, IMF nonconcessional (NFL, current US$). Statizoid updates them automatically from the source API.

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Net financial flows, IMF nonconcessional in Madagascar. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/net-financial-flows-imf-nonconcessional-nfl-current-us/madagascar/

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About this data

Indicator
Net financial flows, IMF nonconcessional (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
123 places, 4,255 data points, 1970–2024
Last refreshed

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IMF is the International Monetary Fund, which provides nonconcessional lending through the credit it provides to its members, mainly to meet balance of payments needs. Data are in current U.S. dollars.