Benin vs Madagascar: Personal remittances, received
Personal remittances, received over time
- Benin
- Madagascar
How they compare
Madagascar currently reports 406.26 million current US$ against 338.54 million current US$ in Benin, a difference of 67.72 million current US$.
That makes Madagascar's figure about 1.2 times Benin's.
The two have swapped places 2 times across 50 shared years of data; in 1974 it was Benin ahead.
Benin ranks 129th and Madagascar ranks 126th of 195 countries.
Across the 6 decades both report, Benin averaged higher in 4 and Madagascar in 2.
Head to head by decade
| Decade | Benin | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 36.89 million current US$ | 394,164 current US$ | 36.50 million current US$ | Benin |
| 1980s | 57.57 million current US$ | 3.53 million current US$ | 54.03 million current US$ | Benin |
| 1990s | 97.19 million current US$ | 11.31 million current US$ | 85.87 million current US$ | Benin |
| 2000s | 128.13 million current US$ | 118.33 million current US$ | 9.80 million current US$ | Benin |
| 2010s | 212.07 million current US$ | 362.55 million current US$ | 150.49 million current US$ | Madagascar |
| 2020s | 256.12 million current US$ | 407.95 million current US$ | 151.83 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Benin or Madagascar?
- Madagascar, at 406.26 million current US$ against 338.54 million current US$ in Benin as of 2024.
- What is the difference in personal remittances, received between Benin and Madagascar?
- 67.72 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Benin and Madagascar?
- 50 years are reported by both, from 1974 to 2023.
- How do Benin and Madagascar rank globally for personal remittances, received?
- Benin ranks 129th and Madagascar ranks 126th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). 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.