Madagascar vs Rwanda: Personal remittances, paid
Personal remittances, paid over time
- Madagascar
- Rwanda
How they compare
Rwanda currently reports 100.02 million current US$ against 86.16 million current US$ in Madagascar, a difference of 13.85 million current US$.
That makes Rwanda's figure about 1.2 times Madagascar's.
The two have swapped places 9 times across 44 shared years of data; in 1976 it was Madagascar ahead.
Madagascar ranks 144th and Rwanda ranks 142nd of 195 countries.
Across the 6 decades both report, Madagascar averaged higher in 2 and Rwanda in 4.
Head to head by decade
| Decade | Madagascar | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.61 million current US$ | 13.29 million current US$ | 15.32 million current US$ | Madagascar |
| 1980s | 16.75 million current US$ | 21.28 million current US$ | 4.53 million current US$ | Rwanda |
| 1990s | 11.57 million current US$ | 10.24 million current US$ | 1.33 million current US$ | Madagascar |
| 2000s | 10.99 million current US$ | 30.57 million current US$ | 19.58 million current US$ | Rwanda |
| 2010s | 58.78 million current US$ | 89.04 million current US$ | 30.26 million current US$ | Rwanda |
| 2020s | 72.02 million current US$ | 83.06 million current US$ | 11.04 million current US$ | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Madagascar or Rwanda?
- Rwanda, at 100.02 million current US$ against 86.16 million current US$ in Madagascar as of 2024.
- What is the difference in personal remittances, paid between Madagascar and Rwanda?
- 13.85 million current US$, with Rwanda ahead.
- How many years of comparable data are there for Madagascar and Rwanda?
- 44 years are reported by both, from 1976 to 2024.
- How do Madagascar and Rwanda rank globally for personal remittances, paid?
- Madagascar ranks 144th and Rwanda ranks 142nd of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.