Madagascar vs Rwanda: Foreign direct investment, net inflows

Madagascar

606.21 million BoP, current US$

in 2024

Rwanda

572.93 million BoP, current US$

in 2024

Madagascar rank

116th

Rwanda rank

119th

Foreign direct investment, net inflows over time

Madagascar
Rwanda

How they compare

Madagascar currently reports 606.21 million BoP, current US$ against 572.93 million BoP, current US$ in Rwanda, a difference of 33.28 million BoP, current US$.

That makes Madagascar's figure about 1.1 times Rwanda's.

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Madagascar ahead.

Globally, Madagascar ranks 116th and Rwanda ranks 119th of 201 countries.

Individual pages

About this data

Indicator: Foreign direct investment, net inflows (BoP, current US$)
Unit: BoP, current US$
Source: Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 248 places, 12,232 data points, 1970–2025
Last refreshed: 06 August 2026

Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.