Cape Verde vs Madagascar: Personal remittances, received
Personal remittances, received over time
- Cape Verde
- Madagascar
How they compare
Madagascar currently reports 406.26 million current US$ against 356.76 million current US$ in Cape Verde, a difference of 49.50 million current US$.
That makes Madagascar's figure about 1.1 times Cape Verde's.
The two have swapped places 3 times across 48 shared years of data; in 1977 it was Cape Verde ahead.
Cape Verde ranks 127th and Madagascar ranks 126th of 195 countries.
Across the 6 decades both report, Cape Verde averaged higher in 3 and Madagascar in 3.
Head to head by decade
| Decade | Cape Verde | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.96 million current US$ | 257,159 current US$ | 23.71 million current US$ | Cape Verde |
| 1980s | 31.39 million current US$ | 3.53 million current US$ | 27.85 million current US$ | Cape Verde |
| 1990s | 79.55 million current US$ | 11.31 million current US$ | 68.24 million current US$ | Cape Verde |
| 2000s | 118.03 million current US$ | 118.33 million current US$ | 301,210 current US$ | Madagascar |
| 2010s | 193.60 million current US$ | 362.55 million current US$ | 168.95 million current US$ | Madagascar |
| 2020s | 302.86 million current US$ | 407.61 million current US$ | 104.76 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Cape Verde or Madagascar?
- Madagascar, at 406.26 million current US$ against 356.76 million current US$ in Cape Verde as of 2024.
- What is the difference in personal remittances, received between Cape Verde and Madagascar?
- 49.50 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Cape Verde and Madagascar?
- 48 years are reported by both, from 1977 to 2024.
- How do Cape Verde and Madagascar rank globally for personal remittances, received?
- Cape Verde ranks 127th and Madagascar ranks 126th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). 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.