Latvia vs Madagascar: Net secondary income
Net secondary income over time
- Latvia
- Madagascar
How they compare
Madagascar currently reports 1.10 billion BoP, current US$ against 1.02 billion BoP, current US$ in Latvia, a difference of 80.00 million BoP, current US$.
That makes Madagascar's figure about 1.1 times Latvia's.
The two have swapped places 10 times across 33 shared years of data; in 1992 it was Madagascar ahead.
Latvia ranks 67th and Madagascar ranks 65th of 199 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Madagascar in 3.
Head to head by decade
| Decade | Latvia | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 95.72 million BoP, current US$ | 147.75 million BoP, current US$ | 52.03 million BoP, current US$ | Madagascar |
| 2000s | 474.91 million BoP, current US$ | 276.60 million BoP, current US$ | 198.32 million BoP, current US$ | Latvia |
| 2010s | 564.68 million BoP, current US$ | 676.96 million BoP, current US$ | 112.29 million BoP, current US$ | Madagascar |
| 2020s | 634.46 million BoP, current US$ | 965.76 million BoP, current US$ | 331.29 million BoP, current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income, Latvia or Madagascar?
- Madagascar, at 1.10 billion BoP, current US$ against 1.02 billion BoP, current US$ in Latvia as of 2024.
- What is the difference in net secondary income between Latvia and Madagascar?
- 80.00 million BoP, current US$, with Madagascar ahead.
- How many years of comparable data are there for Latvia and Madagascar?
- 33 years are reported by both, from 1992 to 2024.
- How do Latvia and Madagascar rank globally for net secondary income?
- Latvia ranks 67th and Madagascar ranks 65th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.