Macedonia
$-81.1 million (2005 est.)

Madagascar
$-438 million (2005 est.)

Malawi
$-218 million (2005 est.)

Malaysia
$14.06 billion (2005 est.)

Malta
$-598 million (2005 est.)

Mauritius
$-342 million (2005 est.)

Mexico
$-5.708 billion (2005 est.)

Micronesia, Federated States of
$-34.3 million

Moldova
$-285 million (2005 est.)

Montenegro
NA