Economy · East Africa
Madagascar Foreign Direct Investment
Foreign Direct Investment is measured in current U.S. dollars, so sharp year-over-year moves often reflect shifts in the MGA/USD exchange rate — such as a currency devaluation — rather than an equivalent change in the real economy.
Net foreign direct investment inflows, in current US dollars. Source: UNCTAD STRUCTURAL TRADE. Updated August 19, 2026.
Trend
History
| Period | Foreign Direct Investment |
|---|---|
| 2025 | $304.45M |
| 2024 | $230.58M |
| 2023 | $84.28M |
| 2022 | $467.85M |
| 2021 | $357.54M |
| 2020 | $358.47M |
| 2019 | $474.31M |
| 2018 | $352.55M |
| 2017 | $357.86M |
| 2016 | $450.63M |
| 2015 | $435.82M |
| 2014 | $313.68M |
Get this via API
The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.
curl "https://api.africa-api.com/v1/data?country_code=MG&metric_key=fdi_net_inflows_usd" \
-H "Authorization: Bearer $AFRICA_API_KEY"Foreign Direct Investment across Africa
Rank all 54 ->| Country | Foreign Direct Investment |
|---|---|
| Nigeria | $4.01B |
| Kenya | $3.2B |
| South Africa | $-2.31B |
| Egypt | $15.45B |
| Ghana | $1.91B |
| Ethiopia | $3.8B |
Frequently asked questions
What is Madagascar's net FDI inflows?
Madagascar's net FDI inflows is $304.45M as of 2025, according to UNCTAD STRUCTURAL TRADE.
What is the source for this figure?
The figure comes from UNCTAD STRUCTURAL TRADE and is republished by the Africa API with the retrieval date shown on this page.
How do I get Madagascar Foreign Direct Investment data via API?
Call GET /v1/data?country_code=MG&metric_key=fdi_net_inflows_usd with a free Africa API key to receive the full time series as JSON.
More Madagascar economy data