Net financial flows, others in Madagascar

Madagascar: Net financial flows, others was 17.89 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
17.89 million NFL, current US$
Change on year
down 53.5%
World rank
47th
of 122 countries
All-time high
91.58 million NFL, current US$
in 2020
All-time low
-18.06 million NFL, current US$
in 1997
Years of data
54
1970–2024

Net financial flows, others in Madagascar, 1970–2024

-25.0M025.0M50.0M75.0M100.0M197019972024

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

Analysis

Madagascar recorded 17.89 million NFL, current US$ for net financial flows, others in 2024.

The figure is down 53.5% on the previous year and up 25.0% over ten years.

Over the whole period, net financial flows, others in Madagascar peaked at 91.58 million NFL, current US$ in 2020 and was at its lowest, -18.06 million NFL, current US$, in 1997.

That places Madagascar 47th out of 122 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, others in Madagascar, year by year

Annual values for Net financial flows, others (NFL, current US$) in Madagascar, 1970 to 2024.
Year NFL, current US$ Change
1970 -17,526 NFL, current US$ —
1971 -17,350 NFL, current US$ -1.0%
1972 -18,240 NFL, current US$ +5.1%
1973 -20,954 NFL, current US$ +14.9%
1974 739,464 NFL, current US$ -3629.0%
1975 1.50 million NFL, current US$ +103.5%
1977 3.07 million NFL, current US$ +103.7%
1978 -157,246 NFL, current US$ -105.1%
1979 4.14 million NFL, current US$ -2735.3%
1980 9.65 million NFL, current US$ +132.8%
1981 7.83 million NFL, current US$ -18.8%
1982 14.54 million NFL, current US$ +85.7%
1983 17.04 million NFL, current US$ +17.2%
1984 18.12 million NFL, current US$ +6.4%
1985 5.38 million NFL, current US$ -70.3%
1986 15.87 million NFL, current US$ +195.2%
1987 20.17 million NFL, current US$ +27.1%
1988 13.78 million NFL, current US$ -31.6%
1989 5.72 million NFL, current US$ -58.5%
1990 10.76 million NFL, current US$ +88.2%
1991 2.26 million NFL, current US$ -79.0%
1992 4.85 million NFL, current US$ +114.4%
1993 3.17 million NFL, current US$ -34.6%
1994 -3.10 million NFL, current US$ -197.7%
1995 -1.26 million NFL, current US$ -59.4%
1996 15.17 million NFL, current US$ -1305.6%
1997 -18.06 million NFL, current US$ -219.1%
1998 -599,361 NFL, current US$ -96.7%
1999 5.99 million NFL, current US$ -1099.8%
2000 16.87 million NFL, current US$ +181.6%
2001 12.97 million NFL, current US$ -23.1%
2002 5.88 million NFL, current US$ -54.7%
2003 -620,390 NFL, current US$ -110.6%
2004 16.83 million NFL, current US$ -2813.1%
2005 -1.95 million NFL, current US$ -111.6%
2006 5.31 million NFL, current US$ -372.3%
2007 8.18 million NFL, current US$ +53.9%
2008 7.69 million NFL, current US$ -6.0%
2009 -2.32 million NFL, current US$ -130.1%
2010 18.87 million NFL, current US$ -915.2%
2011 11.68 million NFL, current US$ -38.1%
2012 25.10 million NFL, current US$ +114.9%
2013 20.18 million NFL, current US$ -19.6%
2014 14.31 million NFL, current US$ -29.1%
2015 4.03 million NFL, current US$ -71.8%
2016 -882,191 NFL, current US$ -121.9%
2017 16.72 million NFL, current US$ -1994.8%
2018 37.61 million NFL, current US$ +125.0%
2019 87.66 million NFL, current US$ +133.1%
2020 91.58 million NFL, current US$ +4.5%
2021 69.41 million NFL, current US$ -24.2%
2022 67.37 million NFL, current US$ -2.9%
2023 38.52 million NFL, current US$ -42.8%
2024 17.89 million NFL, current US$ -53.5%

Madagascar compared with similar countries

  • Madagascar's 17.89 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -484,846 NFL, current US$. (44 countries reporting)

Biggest year-on-year movements

Years where Net financial flows, others 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
1974 +3629.0% -20,954 NFL, current US$ 739,464 NFL, current US$
2004 +2813.1% -620,390 NFL, current US$ 16.83 million NFL, current US$
1979 +2735.3% -157,246 NFL, current US$ 4.14 million NFL, current US$
2017 +1994.8% -882,191 NFL, current US$ 16.72 million NFL, current US$
1996 +1305.6% -1.26 million NFL, current US$ 15.17 million NFL, current US$
1999 +1099.8% -599,361 NFL, current US$ 5.99 million NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.02 million NFL, current US$ -157,246 NFL, current US$ 4.14 million NFL, current US$ 9
1980s 12.81 million NFL, current US$ 5.38 million NFL, current US$ 20.17 million NFL, current US$ 10
1990s 1.92 million NFL, current US$ -18.06 million NFL, current US$ 15.17 million NFL, current US$ 10
2000s 6.88 million NFL, current US$ -2.32 million NFL, current US$ 16.87 million NFL, current US$ 10
2010s 23.53 million NFL, current US$ -882,191 NFL, current US$ 87.66 million NFL, current US$ 10
2020s 56.95 million NFL, current US$ 17.89 million NFL, current US$ 91.58 million NFL, current US$ 5

Countries ranked near Madagascar

  1. 44 Gambia 24.64 million NFL, current US$ compare
  2. 45 Guinea-Bissau 22.62 million NFL, current US$ compare
  3. 46 Nigeria 20.80 million NFL, current US$ compare
  4. 48 Ghana 17.52 million NFL, current US$ compare
  5. 49 Laos 16.91 million NFL, current US$ compare
  6. 50 Kazakhstan 14.56 million NFL, current US$ compare

See the full ranking of 134 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is net financial flows, others in Madagascar?
Net financial flows, others in Madagascar was 17.89 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest net financial flows, others recorded in Madagascar?
The highest recorded value was 91.58 million NFL, current US$ in 2020.
What is the lowest net financial flows, others recorded in Madagascar?
The lowest recorded value was -18.06 million NFL, current US$ in 1997.
How does Madagascar rank for net financial flows, others?
Madagascar ranks 47th out of 122 countries with data for 2024.
Is net financial flows, others rising or falling in Madagascar?
Over the last ten years it is up 25.0%. 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, others (NFL, current US$). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Net financial flows, others (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 5,705 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. Others is a residual category in the World Bank's Debtor Reporting System. It includes such institutions as the Caribbean Development Fund, Council of Europe, European Development Fund, Islamic Development Bank, Nordic Development Fund, and the like. Data are in current U.S. dollars.