Foreign aid received in Madagascar

Madagascar: Foreign aid received was 1.25 billion constant 2024 US$ in 2024. ◆ Volatile

Latest (2024)
1.25 billion constant 2024 US$
Change on year
down 2.7%
World rank
35th
of 178 countries
All-time high
1.57 billion constant 2024 US$
in 2004
All-time low
16.65 million constant 2024 US$
in 1961
Years of data
65
1960–2024

Foreign aid received in Madagascar, 1960–2024

0500.0M1.0B1.5B196019922024

Source: OECD (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2024, foreign aid received in Madagascar stood at 1.25 billion constant 2024 US$.

Compared with earlier readings it is down 2.7% on the previous year and up 99.1% over ten years.

Over the whole period, foreign aid received in Madagascar peaked at 1.57 billion constant 2024 US$ in 2004 and was at its lowest, 16.65 million constant 2024 US$, in 1961.

Madagascar ranks 35th of 178 countries on this measure, in the top quarter.

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

Foreign aid received in Madagascar, year by year

Annual values for Foreign aid received in Madagascar, 1960 to 2024.
Year constant 2024 US$ Change
1960 32.18 million constant 2024 US$
1961 16.65 million constant 2024 US$ -48.3%
1962 51.46 million constant 2024 US$ +209.1%
1963 86.28 million constant 2024 US$ +67.7%
1964 406.52 million constant 2024 US$ +371.2%
1965 411.32 million constant 2024 US$ +1.2%
1966 373.88 million constant 2024 US$ -9.1%
1967 341.30 million constant 2024 US$ -8.7%
1968 375.61 million constant 2024 US$ +10.1%
1969 337.40 million constant 2024 US$ -10.2%
1970 353.17 million constant 2024 US$ +4.7%
1971 325.29 million constant 2024 US$ -7.9%
1972 339.03 million constant 2024 US$ +4.2%
1973 271.32 million constant 2024 US$ -20.0%
1974 296.83 million constant 2024 US$ +9.4%
1975 341.22 million constant 2024 US$ +15.0%
1976 253.21 million constant 2024 US$ -25.8%
1977 225.82 million constant 2024 US$ -10.8%
1978 295.87 million constant 2024 US$ +31.0%
1979 365.27 million constant 2024 US$ +23.5%
1980 567.27 million constant 2024 US$ +55.3%
1981 627.09 million constant 2024 US$ +10.5%
1982 649.42 million constant 2024 US$ +3.6%
1983 501.25 million constant 2024 US$ -22.8%
1984 451.08 million constant 2024 US$ -10.0%
1985 539.65 million constant 2024 US$ +19.6%
1986 703.57 million constant 2024 US$ +30.4%
1987 649.13 million constant 2024 US$ -7.7%
1988 524.03 million constant 2024 US$ -19.3%
1989 646.52 million constant 2024 US$ +23.4%
1990 654.76 million constant 2024 US$ +1.3%
1991 697.89 million constant 2024 US$ +6.6%
1992 539.19 million constant 2024 US$ -22.7%
1993 535.30 million constant 2024 US$ -0.7%
1994 413.91 million constant 2024 US$ -22.7%
1995 396.64 million constant 2024 US$ -4.2%
1996 472.29 million constant 2024 US$ +19.1%
1997 1.27 billion constant 2024 US$ +168.7%
1998 728.69 million constant 2024 US$ -42.6%
1999 529.31 million constant 2024 US$ -27.4%
2000 512.09 million constant 2024 US$ -3.3%
2001 625.35 million constant 2024 US$ +22.1%
2002 607.16 million constant 2024 US$ -2.9%
2003 768.28 million constant 2024 US$ +26.5%
2004 1.57 billion constant 2024 US$ +105.0%
2005 1.15 billion constant 2024 US$ -27.2%
2006 951.19 million constant 2024 US$ -17.1%
2007 983.28 million constant 2024 US$ +3.4%
2008 915.52 million constant 2024 US$ -6.9%
2009 483.39 million constant 2024 US$ -47.2%
2010 436.03 million constant 2024 US$ -9.8%
2011 472.87 million constant 2024 US$ +8.4%
2012 398.25 million constant 2024 US$ -15.8%
2013 519.62 million constant 2024 US$ +30.5%
2014 627.86 million constant 2024 US$ +20.8%
2015 815.25 million constant 2024 US$ +29.8%
2016 750.41 million constant 2024 US$ -8.0%
2017 909.45 million constant 2024 US$ +21.2%
2018 839.05 million constant 2024 US$ -7.7%
2019 831.51 million constant 2024 US$ -0.9%
2020 1.43 billion constant 2024 US$ +71.7%
2021 1.12 billion constant 2024 US$ -21.7%
2022 1.07 billion constant 2024 US$ -3.9%
2023 1.28 billion constant 2024 US$ +19.6%
2024 1.25 billion constant 2024 US$ -2.7%

Madagascar compared with similar countries

  • Madagascar's 1.25 billion constant 2024 US$ is below the median for low income countries, which is 1.55 billion constant 2024 US$, 81% of the median. (25 countries reporting)
  • Madagascar's 1.25 billion constant 2024 US$ is above the median for Sub-Saharan Africa, which is 933.00 million constant 2024 US$, 1.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Foreign aid received 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
1964 +371.2% 86.28 million constant 2024 US$ 406.52 million constant 2024 US$
1962 +209.1% 16.65 million constant 2024 US$ 51.46 million constant 2024 US$
1997 +168.7% 472.29 million constant 2024 US$ 1.27 billion constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 243.26 million constant 2024 US$ 16.65 million constant 2024 US$ 411.32 million constant 2024 US$ 10
1970s 306.70 million constant 2024 US$ 225.82 million constant 2024 US$ 365.27 million constant 2024 US$ 10
1980s 585.90 million constant 2024 US$ 451.08 million constant 2024 US$ 703.57 million constant 2024 US$ 10
1990s 623.68 million constant 2024 US$ 396.64 million constant 2024 US$ 1.27 billion constant 2024 US$ 10
2000s 856.82 million constant 2024 US$ 483.39 million constant 2024 US$ 1.57 billion constant 2024 US$ 10
2010s 660.03 million constant 2024 US$ 398.25 million constant 2024 US$ 909.45 million constant 2024 US$ 10
2020s 1.23 billion constant 2024 US$ 1.07 billion constant 2024 US$ 1.43 billion constant 2024 US$ 5

Countries ranked near Madagascar

  1. 32 Burkina Faso 1.49 billion constant 2024 US$ compare
  2. 33 Colombia 1.44 billion constant 2024 US$ compare
  3. 34 Turkey 1.33 billion constant 2024 US$ compare
  4. 36 Nepal 1.22 billion constant 2024 US$ compare
  5. 37 Haiti 1.21 billion constant 2024 US$ compare
  6. 38 Senegal 1.20 billion constant 2024 US$ compare

See the full ranking of 185 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is foreign aid received in Madagascar?
Foreign aid received in Madagascar was 1.25 billion constant 2024 US$ in 2024, according to OECD (2026) – with major processing by Our World in Data.
What is the highest foreign aid received recorded in Madagascar?
The highest recorded value was 1.57 billion constant 2024 US$ in 2004.
What is the lowest foreign aid received recorded in Madagascar?
The lowest recorded value was 16.65 million constant 2024 US$ in 1961.
How does Madagascar rank for foreign aid received?
Madagascar ranks 35th out of 178 countries with data for 2024.
Is foreign aid received rising or falling in Madagascar?
Over the last ten years it is up 99.1%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from OECD (2026) – with major processing by Our World in Data, published as part of Foreign aid received. Statizoid updates them automatically from the source API.

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Foreign aid received in Madagascar. Statizoid, drawing on OECD (2026) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/foreign-aid-received-net/madagascar/

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About this data

Indicator
Foreign aid received
Unit
constant 2024 US$
Source
OECD (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 9,847 data points, 1960–2024
Last refreshed

Official development assistance (ODA) is defined as government aid designed to promote the economic development and welfare of developing countries. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.