Madagascar vs Paraguay: Personal remittances, paid

Madagascar
86.16 million current US$
in 2024
Paraguay
92.53 million current US$
in 2025
Madagascar rank
144th
Paraguay rank
143rd

Personal remittances, paid over time

  • Madagascar
  • Paraguay
025.0M50.0M75.0M100.0M125.0M197419992025

How they compare

Paraguay currently reports 92.53 million current US$ against 86.16 million current US$ in Madagascar, a difference of 6.37 million current US$.

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

The two have swapped places 6 times across 28 shared years of data; in 1976 it was Madagascar ahead.

Madagascar ranks 144th and Paraguay ranks 143rd of 195 countries.

Across the 5 decades both report, Madagascar averaged higher in 2 and Paraguay in 3.

Head to head by decade

Decade Madagascar Paraguay Difference Ahead
1970s 28.61 million current US$ 1.20 million current US$ 27.41 million current US$ Madagascar
1980s 17.97 million current US$ 1.54 million current US$ 16.43 million current US$ Madagascar
2000s 45.05 million current US$ 77.50 million current US$ 32.45 million current US$ Paraguay
2010s 58.78 million current US$ 84.80 million current US$ 26.02 million current US$ Paraguay
2020s 72.02 million current US$ 72.70 million current US$ 686,420 current US$ Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, paid, Madagascar or Paraguay?
Paraguay, at 92.53 million current US$ against 86.16 million current US$ in Madagascar as of 2025.
What is the difference in personal remittances, paid between Madagascar and Paraguay?
6.37 million current US$, with Paraguay ahead.
How many years of comparable data are there for Madagascar and Paraguay?
28 years are reported by both, from 1976 to 2024.
How do Madagascar and Paraguay rank globally for personal remittances, paid?
Madagascar ranks 144th and Paraguay ranks 143rd of 195 countries.
Where does this data come from?
IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Paraguay: Personal remittances, paid. Statizoid, drawing on IMF balance of payments data, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://economy.statizoid.com/compare/personal-remittances-paid-current-us/madagascar/paraguay/

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About this data

Indicator
Personal remittances, paid (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,655 data points, 1966–2025
Last refreshed

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.