Net financial flows, RDB concessional in Madagascar

Madagascar: Net financial flows, RDB concessional was 38.85 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
38.85 million NFL, current US$
Change on year
up 194.6%
World rank
15th
of 94 countries
All-time high
75.51 million NFL, current US$
in 2008
All-time low
-999,860 NFL, current US$
in 1995
Years of data
47
1978–2024

Net financial flows, RDB concessional in Madagascar, 1978–2024

020.0M40.0M60.0M80.0M197820012024

Source: International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics. Measured in NFL, current US$.

Analysis

Madagascar recorded 38.85 million NFL, current US$ for net financial flows, rdb concessional in 2024.

The figure is up 194.6% on the previous year and up 36.0% over ten years.

Over the whole period, net financial flows, rdb concessional in Madagascar peaked at 75.51 million NFL, current US$ in 2008 and was at its lowest, -999,860 NFL, current US$, in 1995.

That places Madagascar 15th out of 94 countries with data for 2024, putting it in the top quarter.

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

Net financial flows, RDB concessional in Madagascar, year by year

Annual values for Net financial flows, RDB concessional (NFL, current US$) in Madagascar, 1978 to 2024.
Year NFL, current US$ Change
1978 703,645 NFL, current US$ —
1979 522,430 NFL, current US$ -25.8%
1980 5.67 million NFL, current US$ +985.6%
1981 7.43 million NFL, current US$ +30.9%
1982 3.27 million NFL, current US$ -56.0%
1983 4.66 million NFL, current US$ +42.7%
1984 5.16 million NFL, current US$ +10.6%
1985 7.47 million NFL, current US$ +44.8%
1986 18.10 million NFL, current US$ +142.4%
1987 33.86 million NFL, current US$ +87.0%
1988 30.24 million NFL, current US$ -10.7%
1989 15.49 million NFL, current US$ -48.8%
1990 48.88 million NFL, current US$ +215.5%
1991 42.86 million NFL, current US$ -12.3%
1992 29.97 million NFL, current US$ -30.1%
1993 25.70 million NFL, current US$ -14.2%
1994 4.14 million NFL, current US$ -83.9%
1995 -999,860 NFL, current US$ -124.2%
1996 -826,066 NFL, current US$ -17.4%
1997 71.48 million NFL, current US$ -8752.8%
1998 7.72 million NFL, current US$ -89.2%
1999 16.95 million NFL, current US$ +119.7%
2000 19.61 million NFL, current US$ +15.7%
2001 19.01 million NFL, current US$ -3.1%
2002 6.78 million NFL, current US$ -64.4%
2003 10.96 million NFL, current US$ +61.7%
2004 46.75 million NFL, current US$ +326.7%
2005 18.37 million NFL, current US$ -60.7%
2006 60.11 million NFL, current US$ +227.3%
2007 36.43 million NFL, current US$ -39.4%
2008 75.51 million NFL, current US$ +107.3%
2009 27.13 million NFL, current US$ -64.1%
2010 12.53 million NFL, current US$ -53.8%
2011 20.41 million NFL, current US$ +62.8%
2012 7.06 million NFL, current US$ -65.4%
2013 18.49 million NFL, current US$ +162.0%
2014 28.56 million NFL, current US$ +54.5%
2015 22.72 million NFL, current US$ -20.4%
2016 29.90 million NFL, current US$ +31.6%
2017 39.33 million NFL, current US$ +31.6%
2018 12.26 million NFL, current US$ -68.8%
2019 18.81 million NFL, current US$ +53.5%
2020 6.36 million NFL, current US$ -66.2%
2021 6.12 million NFL, current US$ -3.9%
2022 4.58 million NFL, current US$ -25.1%
2023 13.19 million NFL, current US$ +187.7%
2024 38.85 million NFL, current US$ +194.6%

Madagascar compared with similar countries

  • Madagascar's 38.85 million NFL, current US$ is above the median for low income countries, which is -724,852 NFL, current US$. (21 countries reporting)

Biggest year-on-year movements

Years where Net financial flows, RDB concessional 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
1997 +8752.8% -826,066 NFL, current US$ 71.48 million NFL, current US$
1980 +985.6% 522,430 NFL, current US$ 5.67 million NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 613,038 NFL, current US$ 522,430 NFL, current US$ 703,645 NFL, current US$ 2
1980s 13.13 million NFL, current US$ 3.27 million NFL, current US$ 33.86 million NFL, current US$ 10
1990s 24.59 million NFL, current US$ -999,860 NFL, current US$ 71.48 million NFL, current US$ 10
2000s 32.06 million NFL, current US$ 6.78 million NFL, current US$ 75.51 million NFL, current US$ 10
2010s 21.01 million NFL, current US$ 7.06 million NFL, current US$ 39.33 million NFL, current US$ 10
2020s 13.82 million NFL, current US$ 4.58 million NFL, current US$ 38.85 million NFL, current US$ 5

Countries ranked near Madagascar

  1. 12 Benin 54.62 million NFL, current US$ compare
  2. 13 Rwanda 52.54 million NFL, current US$ compare
  3. 14 Uganda 44.75 million NFL, current US$ compare
  4. 16 Solomon Islands 37.78 million NFL, current US$ compare
  5. 17 Cote d'Ivoire 28.54 million NFL, current US$ compare
  6. 18 Kenya 26.98 million NFL, current US$ compare

See the full ranking of 106 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is net financial flows, rdb concessional in Madagascar?
Net financial flows, rdb concessional in Madagascar was 38.85 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics.
What is the highest net financial flows, rdb concessional recorded in Madagascar?
The highest recorded value was 75.51 million NFL, current US$ in 2008.
What is the lowest net financial flows, rdb concessional recorded in Madagascar?
The lowest recorded value was -999,860 NFL, current US$ in 1995.
How does Madagascar rank for net financial flows, rdb concessional?
Madagascar ranks 15th out of 94 countries with data for 2024.
Is net financial flows, rdb concessional rising or falling in Madagascar?
Over the last ten years it is up 36.0%. 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), note: https://www.worldbank.org/en/programs/debt-statistics, published as part of Net financial flows, RDB concessional (NFL, current US$). Statizoid updates them automatically from the source API.

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Net financial flows, RDB concessional in Madagascar. Statizoid, drawing on International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics. Retrieved 27 September 2026, from https://debt.statizoid.com/stat/net-financial-flows-rdb-concessional-nfl-current-us/madagascar/

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About this data

Indicator
Net financial flows, RDB concessional (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
106 places, 4,574 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. Concessional financial flows cover disbursements made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.