Net financial flows, multilateral in Madagascar

Madagascar: Net financial flows, multilateral was 391.18 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
391.18 million NFL, current US$
Change on year
up 2.8%
World rank
38th
of 123 countries
All-time high
391.18 million NFL, current US$
in 2024
All-time low
744,000 NFL, current US$
in 1972
Years of data
55
1970–2024

Net financial flows, multilateral in Madagascar, 1970–2024

0100.0M200.0M300.0M400.0M197019972024

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

Analysis

Madagascar recorded 391.18 million NFL, current US$ for net financial flows, multilateral in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 2.8% on the previous year and up 143.4% over ten years.

Over the whole period, net financial flows, multilateral in Madagascar peaked at 391.18 million NFL, current US$ in 2024 and was at its lowest, 744,000 NFL, current US$, in 1972.

That places Madagascar 38th out of 123 countries with data for 2024, putting it in the middle of the range.

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

Net financial flows, multilateral in Madagascar, year by year

Annual values for Net financial flows, multilateral (NFL, current US$) in Madagascar, 1970 to 2024.
Year NFL, current US$ Change
1970 3.02 million NFL, current US$
1971 2.05 million NFL, current US$ -32.1%
1972 744,000 NFL, current US$ -63.8%
1973 10.53 million NFL, current US$ +1315.6%
1974 9.42 million NFL, current US$ -10.6%
1975 24.84 million NFL, current US$ +163.8%
1976 15.72 million NFL, current US$ -36.7%
1977 7.77 million NFL, current US$ -50.6%
1978 14.42 million NFL, current US$ +85.5%
1979 19.41 million NFL, current US$ +34.6%
1980 40.96 million NFL, current US$ +111.1%
1981 50.09 million NFL, current US$ +22.3%
1982 50.29 million NFL, current US$ +0.4%
1983 56.74 million NFL, current US$ +12.8%
1984 53.88 million NFL, current US$ -5.1%
1985 71.49 million NFL, current US$ +32.7%
1986 142.14 million NFL, current US$ +98.8%
1987 164.18 million NFL, current US$ +15.5%
1988 129.96 million NFL, current US$ -20.8%
1989 94.40 million NFL, current US$ -27.4%
1990 116.74 million NFL, current US$ +23.7%
1991 146.10 million NFL, current US$ +25.1%
1992 62.86 million NFL, current US$ -57.0%
1993 73.12 million NFL, current US$ +16.3%
1994 52.35 million NFL, current US$ -28.4%
1995 59.93 million NFL, current US$ +14.5%
1996 71.89 million NFL, current US$ +19.9%
1997 145.33 million NFL, current US$ +102.2%
1998 61.42 million NFL, current US$ -57.7%
1999 83.97 million NFL, current US$ +36.7%
2000 106.31 million NFL, current US$ +26.6%
2001 117.77 million NFL, current US$ +10.8%
2002 168.52 million NFL, current US$ +43.1%
2003 194.47 million NFL, current US$ +15.4%
2004 277.62 million NFL, current US$ +42.8%
2005 225.57 million NFL, current US$ -18.8%
2006 237.11 million NFL, current US$ +5.1%
2007 242.70 million NFL, current US$ +2.4%
2008 293.37 million NFL, current US$ +20.9%
2009 55.17 million NFL, current US$ -81.2%
2010 105.97 million NFL, current US$ +92.1%
2011 73.81 million NFL, current US$ -30.3%
2012 78.97 million NFL, current US$ +7.0%
2013 118.99 million NFL, current US$ +50.7%
2014 160.69 million NFL, current US$ +35.0%
2015 132.97 million NFL, current US$ -17.2%
2016 94.38 million NFL, current US$ -29.0%
2017 132.71 million NFL, current US$ +40.6%
2018 142.67 million NFL, current US$ +7.5%
2019 154.34 million NFL, current US$ +8.2%
2020 214.49 million NFL, current US$ +39.0%
2021 268.55 million NFL, current US$ +25.2%
2022 203.29 million NFL, current US$ -24.3%
2023 380.50 million NFL, current US$ +87.2%
2024 391.18 million NFL, current US$ +2.8%

Madagascar compared with similar countries

  • Madagascar's 391.18 million NFL, current US$ is above the median for low income countries, which is 19.84 million NFL, current US$, 19.7× the median. (23 countries reporting)
  • Madagascar's 391.18 million NFL, current US$ is above the median for Sub-Saharan Africa, which is 201.06 million NFL, current US$, 1.9× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Net financial flows, multilateral 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
1973 +1315.6% 744,000 NFL, current US$ 10.53 million NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.79 million NFL, current US$ 744,000 NFL, current US$ 24.84 million NFL, current US$ 10
1980s 85.41 million NFL, current US$ 40.96 million NFL, current US$ 164.18 million NFL, current US$ 10
1990s 87.37 million NFL, current US$ 52.35 million NFL, current US$ 146.10 million NFL, current US$ 10
2000s 191.86 million NFL, current US$ 55.17 million NFL, current US$ 293.37 million NFL, current US$ 10
2010s 119.55 million NFL, current US$ 73.81 million NFL, current US$ 160.69 million NFL, current US$ 10
2020s 291.60 million NFL, current US$ 203.29 million NFL, current US$ 391.18 million NFL, current US$ 5

Countries ranked near Madagascar

  1. 35 Burkina Faso 457.86 million NFL, current US$ compare
  2. 36 Dominican Republic 422.27 million NFL, current US$ compare
  3. 37 Uganda 397.69 million NFL, current US$ compare
  4. 39 Guinea 322.03 million NFL, current US$ compare
  5. 40 Moldova 315.34 million NFL, current US$ compare
  6. 41 Togo 304.87 million NFL, current US$ compare

See the full ranking of 135 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is net financial flows, multilateral in Madagascar?
Net financial flows, multilateral in Madagascar was 391.18 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest net financial flows, multilateral recorded in Madagascar?
The highest recorded value was 391.18 million NFL, current US$ in 2024.
What is the lowest net financial flows, multilateral recorded in Madagascar?
The lowest recorded value was 744,000 NFL, current US$ in 1972.
How does Madagascar rank for net financial flows, multilateral?
Madagascar ranks 38th out of 123 countries with data for 2024.
Is net financial flows, multilateral rising or falling in Madagascar?
Over the last ten years it is up 143.4%. 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, multilateral (NFL, current US$). Statizoid updates them automatically from the source API.

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Net financial flows, multilateral in Madagascar. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 22 September 2026, from https://debt.statizoid.com/stat/net-financial-flows-multilateral-nfl-current-us/madagascar/

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About this data

Indicator
Net financial flows, multilateral (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
135 places, 6,383 data points, 1970–2024
Last refreshed

Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.