Guinea-Bissau vs Madagascar: Personal remittances, paid
Personal remittances, paid over time
- Guinea-Bissau
- Madagascar
How they compare
Madagascar currently reports 86.16 million current US$ against 84.68 million current US$ in Guinea-Bissau, a difference of 1.48 million current US$.
The two have swapped places 12 times across 43 shared years of data; in 1982 it was Madagascar ahead.
Guinea-Bissau ranks 145th and Madagascar ranks 144th of 195 countries.
Across the 5 decades both report, Guinea-Bissau averaged higher in 1 and Madagascar in 4.
Head to head by decade
| Decade | Guinea-Bissau | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 11.18 million current US$ | 14.11 million current US$ | 2.93 million current US$ | Madagascar |
| 1990s | 9.46 million current US$ | 11.57 million current US$ | 2.11 million current US$ | Madagascar |
| 2000s | 7.82 million current US$ | 23.37 million current US$ | 15.55 million current US$ | Madagascar |
| 2010s | 42.69 million current US$ | 58.78 million current US$ | 16.09 million current US$ | Madagascar |
| 2020s | 83.23 million current US$ | 72.02 million current US$ | 11.21 million current US$ | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Guinea-Bissau or Madagascar?
- Madagascar, at 86.16 million current US$ against 84.68 million current US$ in Guinea-Bissau as of 2024.
- What is the difference in personal remittances, paid between Guinea-Bissau and Madagascar?
- 1.48 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Guinea-Bissau and Madagascar?
- 43 years are reported by both, from 1982 to 2024.
- How do Guinea-Bissau and Madagascar rank globally for personal remittances, paid?
- Guinea-Bissau ranks 145th and Madagascar ranks 144th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.