Latvia vs Madagascar: Net primary income

Latvia
-418.69 million BoP, current US$
in 2025
Madagascar
-524.71 million BoP, current US$
in 2024
Latvia rank
99th
Madagascar rank
102nd

Net primary income over time

  • Latvia
  • Madagascar
-1.0B01.0B2.0B197419992025

How they compare

Latvia currently reports -418.69 million BoP, current US$ against -524.71 million BoP, current US$ in Madagascar, a difference of 106.02 million BoP, current US$.

The two have swapped places 7 times across 33 shared years of data; in 1992 it was Latvia ahead.

Latvia ranks 99th and Madagascar ranks 102nd of 199 countries.

Across the 4 decades both report, Latvia averaged higher in 2 and Madagascar in 2.

Head to head by decade

Decade Latvia Madagascar Difference Ahead
1990s 16.20 million BoP, current US$ -124.82 million BoP, current US$ 141.02 million BoP, current US$ Latvia
2000s -152.84 million BoP, current US$ -100.95 million BoP, current US$ 51.89 million BoP, current US$ Madagascar
2010s -135.98 million BoP, current US$ -380.09 million BoP, current US$ 244.12 million BoP, current US$ Latvia
2020s -659.24 million BoP, current US$ -408.17 million BoP, current US$ 251.07 million BoP, current US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net primary income, Latvia or Madagascar?
Latvia, at -418.69 million BoP, current US$ against -524.71 million BoP, current US$ in Madagascar as of 2025.
What is the difference in net primary income between Latvia and Madagascar?
106.02 million BoP, current US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Madagascar?
33 years are reported by both, from 1992 to 2024.
How do Latvia and Madagascar rank globally for net primary income?
Latvia ranks 99th and Madagascar ranks 102nd of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Madagascar: Net primary income. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 20 August 2026, from https://economy.statizoid.com/compare/net-primary-income-bop-current-us/latvia/madagascar/

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About this data

Indicator
Net primary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,801 data points, 1960–2025
Last refreshed

Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.